Welspun Living Limited — Updates, 19-02-2025: Press Release

Welspun Living Limited has achieved the highest ESG rating in the Textile, Apparel & Luxury Goods category, scoring 83 in the 2024 S&P Global Corporate Sustainability Assessment. This marks a significant 26% improvement from last year’s score of 66, positioning Welspun as the highest-ranked textile manufacturer from India and 4th globally in the category. The company excelled in all three pillars of the assessment: Governance & Economic (79), Environment (85), and Social (84), showcasing advancements in sustainable manufacturing and ethical sourcing.

Management emphasized the integration of sustainable practices across operations, with ongoing initiatives targeting decarbonization and social empowerment. This recognition reflects Welspun's commitment to responsible growth while setting new benchmarks for sustainability in the industry. The improved ESG performance could enhance investor confidence and may lead to increased interest in sustainable investment opportunities.