V-Guard Industries Limited, a leading player in the Indian consumer electricals and electronics sector, has announced that CRISIL has voluntarily assessed the company on Environment, Social & Governance (ESG) parameters. The company has retained its position in the ‘Strong’ rating category, with its overall CRISIL ESG score improving to 63 from 62 in the previous year.
The improvement in the rating is attributed to better-than-peer performance on key Environmental and Social indicators. These include reduced Scope 1 and Scope 2 greenhouse gas emissions, improved energy consumption efficiency, and a lower incidence of safety-related incidents across operations.
The CRISIL ESG rating framework evaluates companies based on their sustainability practices, corporate governance structures, and social responsibility initiatives. V-Guard’s improved score reflects its commitment to environmental stewardship, workplace safety, and responsible governance, aligning with global ESG best practices.
By maintaining a strong ESG rating, V-Guard strengthens its position as a responsible corporate citizen, attracting interest from sustainability-focused investors and stakeholders. The company’s focus on energy efficiency, carbon footprint reduction, and employee well-being underscores its long-term strategy to create value while minimising environmental impact.
