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Godrej Consumer Products ranks among Top 3 FMCG Companies Globally on Dow Jones Sustainability Index 2024

Posted On: 2024-12-18 19:39:49 (Time Zone: IST)


Godrej Consumer Products Limited (GCPL), a leading emerging markets FMCG company, has achieved a historic milestone by being recognized in the prestigious Dow Jones Sustainability Index (DJSI) 2024. GCPL not only achieved DJSI leadership for the Emerging Markets category but also made its debut on the DJSI World Index for Consumer Goods companies, ranking among the top 3 global FMCG companies for sustainability.

The Dow Jones Sustainability Index is a globally acclaimed benchmark for corporate sustainability, ranking companies based on stringent economic, environmental, and social responsibility criteria. The assessment, conducted by S&P Global, evaluated over 13,000 companies globally, placing GCPL at the forefront with the highest score among Indian FMCG companies and the second highest globally in the category.

Commenting on this achievement, Sudhir Sitapati, MD & CEO, Godrej Consumer Products Ltd, said, "We are immensely proud to be recognized on the global stage for our sustainability efforts. Sustainability is core to GCPL's purpose of bringing the goodness of health and beauty to consumers on emerging markets. People and planet alongside profit has been a key pillar of our business strategy. Aligned with our Good & Green vision, we have set environmental sustainability goals for 2025-26. These include making one-third of our products greener than those in 2020, being Net Zero (scope 1&2) 2035, and remaining water positive. We are also aiming to double our energy productivity by 2030 as per our EP100 commitment."

Gayatri Divecha, Head - Sustainability & CSR, Godrej Industries Group, added, "This global achievement reflects GCPL's commitment to not just growing as an FMCG leader but doing so whilst putting people and planet alongside profit. We initiated our sustainability journey fourteen years ago with a promise to build a greener, more inclusive and equitable world. Our efforts span improving the environmental foot print of our manufacturing, value chains and products; as well as championing human rights and influencing sustainable consumption. We are proud to have delivered results in these areas, in an authentic manner that is true to our Godrej values. The DJSI rating is one validation of our progress, the impact we wish to create is what motivates us."

GCPL's continued efforts in environmental, social, and governance (ESG) performance have enabled it to make a significant leap in sustainability rankings. The company first entered the DJSI leadership index in 2019 and has consistently raised the bar over the years. As GCPL charts its path forward, it remains committed to being a torchbearer for sustainable practices, ensuring long-term positive impacts on communities, ecosystems, and stakeholders. A detailed disclosure of GCPL's ESG progress can be found in our Annual and Integrated Report.

Shares of Godrej Consumer Products Limited was last trading in BSE at Rs. 1091.60 as compared to the previous close of Rs. 1089.15. The total number of shares traded during the day was 205082 in over 1185 trades.

The stock hit an intraday high of Rs. 1104.85 and intraday low of 1089.20. The net turnover during the day was Rs. 224483341.00.


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