Welspun Corp Limited — Updates, 25-03-2025: Press Release

Welspun Corp has ranked 6th among global steel companies in S&P Global's Corporate Sustainability Assessment (CSA), achieving an ESG score of 72, up from 68. This recognition highlights the company's commitment to sustainability, particularly its goal of attaining carbon and water neutrality by 2040. The significant increase in its ESG score is attributed to robust environmental practices, social and governance initiatives, and transparent disclosures.

Mr. Vipul Mathur, MD & CEO, emphasized Welspun's integration of sustainable practices while ensuring long-term growth, aiming to replace non-renewable energy sources with greener alternatives. The S&P Global CSA evaluates sustainability practices across over 10,000 companies, underscoring Welspun's leadership in the pipe solutions and building materials sector. This recognition not only enhances the company's market positioning but also signals to investors a strengthened focus on sustainability, potentially leading to improved long-term performance.