Hyderabad 14th May 2024: Crompton Greaves Consumer Electricals Ltd., renowned for its wide range of energy-efficient and sustainable consumer products, has secured a top ranking in the Dow Jones Sustainability Index (DJSI) for its outstanding environmental, social, and governance (ESG) performance. Crompton worldwide, places in the 94th percentile globally, and secures the 7th position among its peers in the DHP Household Durables sector. This rating further underlines Crompton’s dedication to sustainable practices and its position as a leader in the industry.
The Dow Jones Sustainability Index (DJSI), established in 1999, serves as a benchmark for evaluating the sustainability performance of thousands of publicly traded companies worldwide. The rigorous evaluation process of the DJSI includes assessing companies based on economic, environmental, and social criteria, with a focus on long-term sustainability.
Crompton’s DJSI score this year reported big improvements in its ratings in critical areas, which include environmental sustainability, product stewardship, high-impact social responsibility initiatives, diversity, employee well-being, human capital development, and strong governance practices. As the company continues its sustainability journey, it remains steadfast in its commitment to continual improvement and innovation, seeking new opportunities to address global challenges and drive positive change.
Commenting on the rating, Promeet Ghosh, MD & CEO, of Crompton Greaves Consumer Electricals Ltd. said, “Sustainability is fundamental to what we do at Crompton. That’s why we design and manufacture products with energy efficiency at their core. From iconic fans to durable LED lighting, Crompton products empower consumers to minimize energy use and reduce their environmental footprint.
About Crompton:
With a brand legacy of over 85 years, Crompton Greaves Consumer Electricals Ltd. is India’s market leader in the category of fans and residential pumps. Over the years, the organization has continuously strived to produce a range of innovative products that cater to the modern consumer including superior quality and high-performance fans, pumps, lighting solutions, and a range of other categories like water heaters; air coolers; small kitchen appliances like mixer grinders, air fryers, OTG, electric kettles, etc.; other home appliances like irons & built-in kitchen appliances. The company has further invested in brand and innovation to not only better understand and meet consumer needs but to also help drive energy efficiency.
