Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Stock Report

| More

Hindalco debuts on Dow Jones Sustainability Index (DJSI) 2019 in the Emerging Markets category

Posted On: 2019-09-17 19:05:43

Hindalco Industries Limited has made its entry in the 2019 edition of the S&P Dow Jones Sustainabllity Indices (DJSI). The metals flagship of the $48.3 billion Aditya Birla Group, Hindalco has been recognised for its success in governance, social and environmental initiatives and is the only aluminium manufacturer from India to be included in the list this year.

The DJSI, one of the most prestigious benchmarks for corporate sustainability, is the global standard for measuring and advancing corporate Environmental, Social, and Governance (ESG) practices. Hindalco, a new inclusion this year, is one of 98 companies in the Emerging Markets Index. It is one of 12 companies from India to make the list and the only aluminium manufacturer to be included. Its DJSI score places Hindalco among the world's top three aluminium companies.

"I am proud that Hindalco has successfully met the stringent criteria of DEL" said Satish Pai, MD - Hindalco Industries Limited.

"This achievement demonstrates how well sustainability has become entrenched in Hindalco. The 3 key pillars of our performance have been Resilience in a low LME environment, given our focus on resource security and a diversified, balanced product mix; Reliability through focus on Manufacturing Excellence, Supplier Risk Assessment & Mitigation and Customer Centricity; and Responsibility with our focus on environment sustainability, safety and people initiatives.

More importantly, this assessment has given us a scorecard to identify areas that require attention and work to improve these. The DJSI scoring makes us even more committed to deliver more value going forward."

Hindalco has achieved 75th percentile overall scores in the economic and environmental dimensions. On all 3 dimensions, Hindalco has been rated in 100th percentile in more than one aspect including Risk & Crisis Management, Customer Relationship Management, sustainability reporting, operational eco-efficiency, human capital development, and corporate citizenship and philanthropy. The score is an affirmation of Hindalco's Purpose - Manufacturing Materials that make the World Greener Stronger Smarter.

Hindalco's commitment to build a Resilient, Responsible and Reliable model for growth has led to a number of innovative steps. In spite of the challenges in using renewable power in continuous process industries, Hindalco has commissioned a 30 MW captive solar power plant in Odisha and a 4 MW captive hydel power project in Maharashtra. India's first lightweight aluminium bulker, which helps transporters save up to 13,000 litres of fuel annually, was developed and commercialised by Hindalco. The company has recently launched a new recyclable packaging material that replaces plastic.

Aluminium, produced by Hindalco, can be considered a supermaterial - strong, lightweight, and infinitely recyclable; it takes 95% less energy to recycle aluminium than to produce primary metal, making it more environment friendly.

Shares of HINDALCO INDUSTRIES LTD. was last trading in BSE at Rs.197.55 as compared to the previous close of Rs. 200.5. The total number of shares traded during the day was 218982 in over 1250 trades.

The stock hit an intraday high of Rs. 202.95 and intraday low of 196.8. The net turnover during the day was Rs. 43828202.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

LTI to acquire Powerupcloud Technologies

IndiGo inaugurates flights to Ho Chi Minh City, its 2nd destination in Vietnam

Lupin's Nagpur facility receives EIR from the U.S. FDA

Indoco's Clinical Research Organisation receives zero 483s from USFDA

Sundaram-Clayton Ltd Q2 consolidated PAT jumps to Rs. 149.77 crore

Alicon Castalloy announces Q2 FY20 Earnings

DFM Foods Ltd expands capacity to 48400 MT

ARSS Infrastructure Projects Ltd's JV bags order from CONCOR

QGO Finance Ltd reports PAT of Rs. 0.14 crore in Q2

L&T to acquire Old Lane stake in L&T Infrastructure Development Projects Ltd

ICRA reaffirms long term rating of The Indian Card Clothing Company Limited

Quick Heal Technologies Limited receives Patent for its Signatureless Behaviour-based Detection Technology

Apollo Micro Systems Ltd to acquire 51% in Ananya SIP RF Technologies Pvt Ltd

JSW Steel Ltd raises Rs. 2000 crores through NCDs

Infosys Accelerates Digital Transformation for Enterprises with Oracle Cloud

IndoStar Capital Finance Limited updates on liquidity position

CARE places ratings of JSW Energy Ltd group on rating watch with negative implications

Patel Engineering Ltd allots 22,33,29,786 rights equity shares

Amber Enterprises India Ltd increases stake in Ever Electronics Pvt Ltd to 70%

Indiabulls Housing Finance Ltd issues offer to debenture holders of NCDs maturing in November, December for pre-mature redemption

LTI Constant Currency Revenue growth up 11.9% YoY

Patel Integrated Logistics Ltd board approves rights issue

Cipla acquires novel anti-infective Elores to further antimicrobial stewardship in critical care in India

I S T Ltd Board approves Sub-division of equity shares

CRISIL reaffirms long-term rating of Indiabulls Housing Finance Ltd

DIL Limited is now Fermenta Biotech Ltd

Jay Bharat Maruti Ltd Q2 consolidated PAT drops to Rs. 3.76 crore

Larsen & Toubro Infotech Ltd board declares first interim dividend of Rs. 12.50 for FY2019-20

Hero MotoCorp announces 5th edition of The Hero Campus Challenge

ZEE Entertainment posts strong performance in a challenging environment

Shemaroo Entertainment Ltd to raise Rs. 250 crores

Larsen & Toubro Infotech Ltd to acquire PowerupCloud

CARE A+ rating assigned to JMC Projects' NCD issue

Brickwork Ratings assigns credit ratings to Vikas EcoTech Ltd

Shemaroo Entertainment Ltd Q2 FY 2019-20 consolidated net profit at Rs. 19.49 crores

ZEE Entertainment Enterprises Ltd posts consolidate PAT of Rs. 413.23 crores in Q2

Larsen & Toubro Infotech Ltd Q2 consolidated PAT at Rs. 360.1 crore

Cyient Ltd announces Q2 FY2019-20 results

TVS Motor Company's EBITDA increased from 8.6% in Q2 of FY 2018-19 to 8.8% in Q2 of FY 2019-20

Mastek Ltd Q2FY20 Total Income at Rs 252.7 crore

Ind-Ra affirms India Glycols Ltd's long-term rating

AksharChem India Ltd announces shutdown of Vinyl Sulphone plant for repairs and maintenance

FDC Ltd to acquire 'ENTEROPLUS' from GlaxoSmithKline Pharmaceuticals Ltd

Only 17 Percent of Banks have Deployed Digital at Scale - Finds Infosys Finacle and Efma 'Innovation in Retail Banking' Report

Alicon Castalloy signs multi-year Contracts aggregating 810 crore with leading Global OEMs and Tier 1 Suppliers

PTron Launches advanced version of Dual Driver Earphones - Boom 3

SEAMEC PRINCESS on hire with Posh Subsea Pte Limited

Cyient Ltd board recommends interim dividend of Rs. 6 for 2019-20

South Indian Bank Ltd Q2 PAT higher at Rs. 84.48 crore

3I Infotech Ltd reports consolidated PAT of Rs. 13.35 crore in Q2

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019