Schaeffler India has been assigned an ESG Score of 78 out of 100 by S&P Global, following a Corporate Sustainability Assessment (CSA). This assessment was part of the Dow Jones Sustainability Indices (DJSI) evaluation. The company voluntarily participated in the DJSI assessment, demonstrating its commitment to sustainable practices. The ESG score reflects a third-party benchmarking assessment.
Positive ESG Performance
Schaeffler India has received a strong Environmental, Social, and Governance (ESG) score from S&P Global. The company achieved a score of 78 out of 100. This rating comes after S&P Global’s assessment as part of the Dow Jones Sustainability Indices (DJSI) evaluation.
Details of the Assessment
The Corporate Sustainability Assessment (CSA) is a key component of the DJSI evaluation process. Schaeffler India actively participated in the DJSI assessment, showcasing its dedication to sustainability. The company sees this as a positive step in its ongoing efforts.
Significance of the Score
The ESG score is an independent benchmark, reflecting Schaeffler India’s performance. It’s important to note that this score isn’t linked to any specific material event or operational change within the company.
Source: BSE
