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Mastek Named in Dow Jones Sustainability Indices

Posted On : 2023-03-31 20:12:58( TIMEZONE : IST )

Mastek Named in Dow Jones Sustainability Indices

Mastek (MASTEK; BSE: 523704), a global digital engineering and cloud transformation solution provider, today announced it has been named to the 2022 Dow Jones Sustainability Indices (DJSI). The DJSI recognizes Mastek among global sustainability leaders through the S&P Global Corporate Sustainability Assessment (CSA). The CSA uses empirical analysis to benchmark the company's long-term sustainability framework based on Environmental, Social, and Governance (ESG) criteria.

Mastek's inclusion in the DJSI, the world's most renowned ESG indices, amplifies its corporate sustainability convictions aligned with its investment portfolios. The DJSI evaluates companies' ESG performance based on several Corporate Social Responsibility (CSR) forefronts - ethical business conduct, shareholder transparency, corporate governance, gender equality, workplace safety, social reporting, and climate action strategy. As part of its long-term ESG policy, Mastek offset 100 per cent of carbon emissions in the UK and committed to going Net-Zero by 2030.

"Mastek is honoured to be included in the Dow Jones Sustainability Indices 2022 for our high ESG standards and commitments. The success of our sustainability practices is mirrored in our key initiatives and commitments, such as 'ReShine', empowering women to re-ignite their careers, 'Gratitude is Attitude', a financial aid program for charities, a partnership with 'One Tree Planted' for ecosystem restoration, SASB accreditation for ESG benchmarking, and Net Zero goals by 2030. The ESG team at Mastek has consistently achieved milestones to win investors' trust in Mastek's ESG credibility." said Hiral Chandrana, Global CEO, Mastek.

Shares of Mastek Limited was last trading in BSE at Rs. 1541.05 as compared to the previous close of Rs. 1519.35. The total number of shares traded during the day was 12143 in over 1675 trades.

The stock hit an intraday high of Rs. 1550.00 and intraday low of 1495.00. The net turnover during the day was Rs. 18432984.00.

Source : Equity Bulls


Mastek INE759A01021 DJSI GlobalSustainability