THE BW BUSINESSWORLD India’s Most Sustainable Companies list is the result of an intensely research-driven and data-backed assessment of India’s 200 largest companies by revenue each year. The assessment process by Sustain Labs Paris using the SLP Cube assessment framework commences in April every year and thereafter takes 10 months to complete. All 200 companies are assessed free of cost.
In the second edition of BW Businessword India’s Most Sustainable Companies, for the first time, the opportunity to be assessed was opened up to companies beyond the research universe as well. Six additional companies were included such that we assessed 206 companies during the year.
Initial screening
As a first step, companies that were convicted at court for wrongdoing in the past three years were sifted out of the research universe. This year there were no such companies found. Data from audited company reports for FY202021 was then gathered for the remaining companies for 31 KPIs across six sides of the SLP Cube framework. As the next step, BW Businessworld and Sustain Labs Paris reaches out to CXOs of each of the companies assessed for conversations. These conversations serve to provide a deeper understanding of the company’s sustainability performance as well as to fill the data gaps for assessing the company as per the SLP Cube assessment framework. This year we had in-depth conversations with 52 companies. All 206 companies were sent their ‘data sheets’ that contained the data that we had collected for all 31 KPIs for their company. Companies were asked to inform us of discrepancies if any, or add details if required. The final data sheets were verified using a data triangulation process.
This story is from the May 07, 2022 edition of Businessworld.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May 07, 2022 edition of Businessworld.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Gauging Trumponomics For India
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders