BEL Becomes First Defence PSU to Secure CareEdge-ESG 1 Rating
Bengaluru: Bharat Electronics Limited (BEL) has been assigned the prestigious CareEdge-ESG 1 rating with an ESG score of 73.8 by CareEdge ESG Ratings Limited, a SEBI-registered issuer-pays ESG rating provider.
BEL has become the first aerospace and defence (A&D) company to receive the CareEdge-ESG 1 rating, reflecting its strong commitment to sustainable practices and responsible governance within the sector.
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Leadership in ESG Performance
The rating highlights BEL’s leadership in managing environmental, social, and governance (ESG) risks through best-in-class disclosures, robust policies, and measurable performance standards. The company has consistently focused on:
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Water stewardship and reduction in water consumption
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Emissions control and energy efficiency
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Waste management and green value chain initiatives
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Human capital development and ethical governance
CareEdge-ESG noted that BEL outperforms the industry median across key ESG parameters including biodiversity, human rights, data privacy, and ESG oversight, positioning the company for a resilient and sustainable operational transition.
Recognition Ceremony at BEL Corporate Office
During his visit to BEL’s Corporate Office in Bengaluru, Mr Saikat Roy, Sr Director, Care Ratings Limited and CEO, CareEdge ESG Ratings Limited, presented a memento to Mr Manoj Jain, CMD, BEL, for undertaking the ESG rating assessment.
On the occasion, Mr Nitin Dalmia, Director, Care Ratings Limited, handed over the official certificate recognising BEL’s ESG score of 73.8 (CareEdge-ESG 1) to the CMD.
Strengthening Sustainable Defence Manufacturing
The recognition reinforces BEL’s growing reputation as a sustainability-focused defence PSU. By integrating ESG principles into its operations, BEL continues to align with global sustainability benchmarks while contributing to India’s strategic defence manufacturing ecosystem.
The CareEdge-ESG 1 rating marks a significant milestone in BEL’s sustainability journey and strengthens investor confidence in its long-term value creation approach.