Awarded by ICAI for Sustainability Reporting for third consecutive year
FinTech BizNews Service
Mumbai, December 23, 2023: Grasim Industries Limited ("Grasim") won “Silver” in Sustainability Reporting under “Excellence in BRSR-Large Cap (Manufacturing Sector) at 3rd Institute of Chartered Accountants of India (ICAI)’ Sustainability Reporting Awards 2022-23. The awards ceremony was hosted at the National Stock Exchange (NSE) premises in Mumbai to recognise, reward and encourage initiatives of Businesses with a transformative contribution to the 2030 Agenda for Sustainable Development. It was attended by industry sustainability stalwarts, and professionals. Ashish Chauhan, MD & CEO of the National Stock Exchange and CA Aniket Talati, President ICAI presented the prestigious award to Grasim, represented by Pavan Jain, CFO, who was joined by Ankit Panchmatia, Head -Investor Relations, and Ms Sheetal Daga.
"Grasim has the distinction of winning the ICAI Sustainability Reporting Award for the third consecutive time" stated Pavan Jain, Chief Financial Officer (CFO) of Grasim Industries. He added “The award recognises Grasim's focussed ESG journey over the past few years and reporting well ahead of regulatory requirements. We have reached significant reporting milestones and are striving to be at the forefront of Sustainability reporting. We are dedicated to providing best-in-class ESG disclosures for the benefit of all of our stakeholders."
The selection was made through a robust 3-tier process: Review by technical reviewers on defined parameters, review of short-listed sustainability reports by shield panel and selection by external jury consisting of representatives from across the globe from regulatory bodies, industrialists, philanthropists, professionals, academicians, etc.