Vaibhav Global Limited (VGL) announced that ICRA ESG Ratings has significantly improved its ‘Combined ESG Rating’ to ’74 (Strong)’ as of March 05, 2026. This upgrade recognizes VGL’s resilient business strategy, effective handling of tariff pressures, and consistent advancements in sustainability efforts. Managing Director Mr. Sunil Agrawal highlighted the commitment to renewable energy and operational efficiency driving this positive assessment.
ICRA Recognizes ESG Progress
Vaibhav Global Limited (VGL) has received positive recognition from ICRA ESG Ratings, with its ‘Combined ESG Rating’ being upgraded to ’74 (Strong)’. This announcement was made on March 05, 2026.
The rating improvement specifically highlights VGL’s:
- Resilient business approach.
- Effective management of tariff-related pressures.
- Consistent advancement in sustainability efforts.
- Sound governance standards, supported by active board supervision and strengthened ESG transparency.
Management Commentary on Sustainability
Mr. Sunil Agrawal, Managing Director of Vaibhav Global Limited, expressed gratitude for the recognition, stating, “This upgrade reflects our commitment to renewable energy, operational efficiency, and supporting the communities where we operate.”
He further emphasized the company’s strategic focus: “We remain firmly focused on accelerating our decarbonization journey and embedding low-carbon practices across our value chain to create long-term sustainable value for all stakeholders.”
About Vaibhav Global Limited (VGL)
Vaibhav Global Limited (VGL) operates as an omni-channel E-tailer specializing in fashion jewellery, accessories, and lifestyle products across developed markets. The company reaches approximately ~127 million households (FTE) through its TV home shopping networks, including Shop LC in the US, UK, and Germany, alongside dedicated e-commerce platforms.
VGL maintains a significant commitment to corporate social responsibility through its flagship midday meal program, ‘Your Purchase Feeds…’. Since its inception, the program has provided over 103 million meals across the US, UK, Germany, and India, currently operating at a run rate of approximately ~57,000 meals donated every school day.
Source: BSE
