Ashok Leyland, the flagship company of the Hinduja Group, has achieved the No. 1 global ranking in Sustainalytics' ESG Risk Rating for the Heavy Machinery and Trucks sector in Q3 FY25.
Sustainalytics, a globally recognised provider of ESG research and ratings, evaluated Ashok Leyland’s sustainability performance across multiple parameters, positioning the company as an industry benchmark in ESG excellence. This milestone highlights Ashok Leyland’s leadership in embedding sustainability across business operations, product stewardship, corporate social responsibility, and its broader ecosystem.
Commenting on the achievement, Shenu Agarwal, MD & CEO, Ashok Leyland, said, “We are honoured to be ranked No. 1 globally in Sustainalytics' ESG Risk Rating for Heavy Machinery & Trucks. This recognition is a testament to our steadfast commitment to ESG excellence as we accelerate toward our vision of being among the Top 10 global commercial vehicle players.”
Alok Verma, Head of Corporate Strategy & ESG, Ashok Leyland, added, “Securing the top global ranking is a reflection of our relentless commitment to integrating sustainability into our core business strategy. We believe that embedding ESG principles not only strengthens our business but also creates long-term value for all stakeholders.”
Over the years, Ashok Leyland has transitioned from a compliance-based sustainability approach to a comprehensive strategy focused on competitive sustainability. The company has set ambitious targets, including achieving carbon-neutral operations by 2030, committing to RE100 (100% renewable energy) by 2030, and reaching net-zero emissions by 2048.
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