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Domestic pharma major has announced that it has been selected in the S&P Dow Jones Sustainability Index (DJSI) for the Emerging Markets for 2021. The DJSI family of indices is operated by one of the world’s leading index providers S&P Dow Jones. The emerging markets index for the year comprises 108 companies from 12 emerging economies.
Shares of Cipla Ltd had closed 2.5 per cent higher at Rs 938 in Monday’s trade. The Dow Jones Sustainability Emerging Markets Index comprises emerging-market sustainability leaders identified by S&P Global through the Corporate Sustainability Assessment (CSA). It aims to represent the top 10 per cent of the largest 800 companies in 20 emerging markets based on long-term economic, environmental, and social criteria.
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Commenting on the ranking, Umang Vohra (MD and Global CEO, Cipla Limited) said, “The selection into S&P Dow Jones Sustainability Index Emerging Markets is a testament to our commitment towards sustainability, which is at the core of our DNA. We are delighted to be recognized for our efforts in climate action and social impact, coupled with strong corporate governance. This recognition strengthens our belief in investing in greener technology and processes, creating social impact for communities and serving the markets to create for healthier people and a healthier planet.”
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