Tata Steel has been adjudged Steel Industry Leader globally by the Dow Jones Sustainability Index 2018 (DJSI), a Tata Steel press release said on Friday.
Tata Steel is also the only India-based company to emerge as a winner among all 60 sectors evaluated for DJSI 2018.
Tata Steel leads the Steel industry in RobecoSAMs Corporate Sustainability Assessment based on its Total Sustainability Score in 2018. This is the second time in the last three years that Tata Steel has been adjudged the “Industry Leader” amongst 24 steel companies globally, it said.
We are honored to be ranked the number one company in the steel sector globally. It is a recognition of our efforts towards sustainability and relentless pursuit for a better tomorrow. By its very nature, steel manufacturing is one of the most challenging businesses from the perspective of sustainability.
“This recognition encourages us to stay committed to our focus on creating a sustainable ecosystem and benchmark with best in class for further improvement, said T V Narendran, CEO and MD, Tata Steel.
S&P Dow Jones Indices (S&P DJI), one of the world’s leading index provider, and RobecoSAM, the investment specialist that has focused exclusively on Sustainability Investing (SI) for over 23 years, on Thursday announced the results of the annual DJSI review.