Responsible Business Rankings
India’s Top Companies for
Sustainability and CSR 2020
Highlights
ESG performance of companies has risen across the board
The first time a service sector company achieved the top rank.
Manufacturing companies continue to perform better than service companies
Information Technology and diversified are the top performing industries, while NBFC’s are laggards.
Sustainability is increasingly becoming part of core corporate strategy
Integrated reporting is ramping up. 26% of the companies produce integrated reports.
All the top 10 companies mapped their business goals with SDGs
ESG Performance Over Years
Future Trends
The economic recovery will have sustainability at its core.
Green and resilient supply chains are the emerging focus and not merely the lowest cost.
The developments in Europe – the clamour for green recovery and the release of taxonomy for ESG – are likely to have significant transmission effects for Indian companies with global ambitions.
ESG investing will continue its rising trend and will put pressure on companies that engage in unsustainable practices.
The Government of India is considering establishing a Social Stock Exchange (SSE).
60% of the companies have mapped their activities to the SDGs.
Key action themes for companies include renewable energy, water, waste and data privacy.
Energy
Renewable energy capacity and its utilization have geared up. While solar energy is the preferred renewable energy source, there is growing impetus on biofuel.
Water
Access to water and management of water resources continues to be a focus area for internal operations and societal initiatives.
Waste
Initiatives to manage e-waste, municipal waste and plastic reuse & recycling show an increasing trend.
Data
Customer data and its privacy is a material aspect in the operations of services companies.