According to the company, the rating reflects BEL’s strong commitment to sustainable and responsible business practices. The PSU has demonstrated robust leadership in its ESG journey by effectively managing risks through best-in-class disclosures, policies, and performance indicators. BEL’s initiatives in water stewardship, emission control, waste management, human capital development, business ethics and responsible resource consumption have contributed significantly to its high score.

The company has also outperformed the industry median on several ESG parameters such as biodiversity conservation, energy efficiency, data privacy, ESG oversight, sustainability practices and community development. Its initiatives include efforts to reduce carbon emissions and support welfare programmes for employees and local communities.

Commenting on the achievement, BEL Chairman and Managing Director Manoj Jain said, “An ESG score of 73.8 from CareEdge-ESG underscores BEL’s dedication to sustainable growth and ethical business conduct. It highlights our efforts to integrate ESG values throughout our organisation. BEL is pursuing its long-term sustainability vision, which includes an ambitious goal to attain net-zero Scope 1 and 2 emissions by 2030. We remain dedicated to embedding sustainability at the heart of our business strategy.”