Welspun Living, a global leader in home textiles, has achieved a significant milestone in sustainability, securing an outstanding ESG score of 83 in the 2024 S&P Global Corporate Sustainability Assessment (CSA). This remarkable performance establishes WLL as the highest-ranked textile manufacturing company from India within the Textile, Apparel & Luxury Goods category, while placing it 4th globally in the same sector. The company’s score reflects a substantial 26% improvement from its 2023 score of 66, underscoring its unwavering commitment to sustainable business practices and responsible growth.

The impressive results are evident across all three key pillars of the CSA: Governance & Economic (79), Environment (85), and Social (84). Welspun Living’s dedication to sustainable manufacturing, ethical sourcing, and environmental stewardship has played a pivotal role in achieving these exceptional scores. With a strategic focus on innovation, transparency, and circular economy principles, the company continues to set a benchmark in the industry, embedding sustainability at the heart of its operations.

Welspun Living has consistently outperformed industry benchmarks in ESG performance. The company scored 85 in Environmental (with the industry mean at 34 and the highest score at 96), 84 in Social (industry mean at 34, highest 91), and 79 in Governance & Economic (industry mean at 38, highest 88). These remarkable scores not only highlight Welspun Living’s leadership in sustainability but also demonstrate the company’s commitment to excellence and industry-wide influence.

Dipali Goenka, MD & CEO, Welspun Living, said, “We are incredibly proud of achieving the Fourth position in the Textile, Apparel & Luxury Goods category globally in the S&P CSA with a score of Eighty Three this year. This accomplishment is a testament to the hard work and dedication of our entire team, who continuously strive to integrate sustainable practices into every aspect of our business. At Welspun Living, we believe that responsible growth goes hand in hand with innovation and transparency, and we remain committed to leading the way in sustainable manufacturing and setting benchmarks in the industry.”

Alok Mishra, President & Group Head – Sustainability, said, “This remarkable improvement in our ESG score is a result of our efforts to address the company’s ESG risks holistically and build a future-proof organisation. It’s a proof of our belief that economic growth and environmental stewardship can co-exist. The success re-energises us to continue working towards our long-term vision of creating impact-driven solutions for a better world.”

As the global business landscape increasingly prioritises sustainability, Welspun Living remains dedicated to enhancing its ESG initiatives. The company’s strategic roadmap is focused on decarbonisation, water conservation, circular economy principles, and social empowerment, ensuring a comprehensive approach to long-term value creation. With sustainability at its core, Welspun Living continues to set new standards for responsible growth in the textile industry, further cementing its position as a leader in both innovation and environmental stewardship.