APL Apollo Tubes has announce that it has received a score of 25 and stands at the 56th percentile in industry rankings in its very first S&P Global Corporate Sustainability Assessment (CSA) results announced on Nov 12, 2021. The company has begun its ESG journey and is on continuous improvement path for subsequent years.
APL Apollo's scores on various dimensions of this Corporate Sustainability Assessment ore as given below
| Assessment Dimension |
APL Apollo score (out of 100) |
Percentile (Ranking) |
| Totol ESG Score | 25 | 56 |
| Governance & Economic | 32 | 57 |
| Environmental | 16 | 43 |
| Social | 26 | 59 |
The S&P Global Corporate Sustainability Assessment, assesses about 8,000 companies globally representing about 90% global market capitalisation on material environmental, social and governance criteria scores for up to 30 focus areas across sub-industries: question-level scores covering 130 sustainability topics: and up to an additional 1,000 underlying data points per company to arrive at a composite ESG Score.
Commenting on the Company’s ESG performance for FY21, Sanjay Gupta, Chairman, APL Apollo, said, “lam delighted to see APL Apollo’s rankings in its very first S&P Global sustainability assessment. This oufcome reaffirms and validates our corporate philosophy followed through for over 36 years of our existence, of responsible business conduct. We believe in doing well by doing good. We are committed to improving our ESG score and are confident to achieve the highest standards by following the best ESG practices.”
These ESG scores reflect APL Apollo's commitment to fully integrate ESG principles into the company's business strategies and operations. As a responsible corporate citizen, APL Apollo lays emphasis on promoting all aspects of ESG including highest standards of corporate governance and behavior, stakeholder engagement, safety, quality, human rights, recycling, energy efficiency, corporate social responsibility, environmental protection, etc.
