Eicher Motors Limited (EML) marked its debut on the Dow Jones Sustainability Indices (DJSI)- Emerging Markets category. EML is ranked at an overall 8th position in the list of sustainability leaders in emerging markets.
The DJSI rankings highlight EML’s increased focus on developing and shaping a robust environmental, social and governance (ESG) vision, with measured commitments, targets and direction for the future. These include improving and adopting effective and environment-friendly manufacturing processes, working towards attaining carbon neutrality, eliminating the usage of single-use plastics, focusing on road safety, community development and vocational training programs, among other initiatives.
Siddhartha Lal, Managing Director of Eicher Motors Ltd, said, “As we chart EML’s next stage of growth with an immense focus on our strategic business plans and goals, an effective and impactful Environmental, Social and Governance (ESG) vision is a key aspect to define this growth for us. Over the last few years, we have made significant strides across all parameters to deliver positive results in line with a renewed ESG vision. Our inclusion in the DJSI index is a testament to the success of our initiatives and direction. We are committed to make concerted efforts to further realise this vision and deliver a positive impact across the entire product value chain.”
EML registered an overall score of 61 points and featured in the 76th percentile in FY21 as compared to a score of 29 points and a percentile position of 50 in FY20. A total of 360 Indian companies were invited to participate in DJSI in 2021, out of which EML made it to an exclusive list of 15 Indian companies which became a member of the DJSI Emerging Markets Index across all sectors.
