Ashok Leyland, the leading commercial vehicle manufacturer and Indian flagship of the Hinduja Group, has been ranked No. 1 globally in Sustainalytics' ESG Risk Rating for the Heavy Machinery and Trucks sector in Q3 FY25. This recognition highlights the company’s unwavering commitment to sustainability, which is a core principle of its corporate philosophy.
Ashok Leyland’s exceptional performance across key Environmental, Social, and Governance (ESG) parameters has earned it the No. 1 global ranking in Sustainalytics' ESG Risk Rating for the Heavy Machinery and Trucks sector. Sustainalytics, a leading provider of ESG research and ratings, evaluated the company on its environmental management, social responsibility, and corporate governance efforts. This achievement solidifies Ashok Leyland's position as an industry leader in sustainable practices, with a strong focus on integrating sustainability into its business operations, product stewardship, and corporate social responsibility initiatives. The company’s commitment to transparency and improved disclosures further enhances its reputation as a global benchmark in sustainable business practices.
Mr. Shenu Agarwal, MD & CEO of Ashok Leyland, expressed, “We are honored to be ranked No. 1 globally in Sustainalytics' ESG Risk Rating for Heavy Machinery & Trucks. This prestigious recognition reflects our steadfast commitment to ESG excellence. Being acknowledged by a globally renowned platform is a testament to Ashok Leyland’s dedication as we accelerate toward our vision of being amongst the Top 10 global commercial vehicle players.”
Mr. Alok Verma, Head of Corporate Strategy & ESG at Ashok Leyland, said, “We are thrilled to secure the top global ranking in Sustainalytics’ ESG Risk Rating. It is a testament to our relentless commitment to embedding sustainability into our core business strategy. At Ashok Leyland, we believe that integrating ESG into our core strategy not only strengthens our business but also ensures that we create long-term value for all our stakeholders. This recognition further motivates us to accelerate our journey towards a greener, more responsible future.”