Vedanta Group Company Sesa Goa has been ranked among the top companies in Carbon Disclosure Leadership Index in India by The Carbon Disclosure Project (CUP), a UK-based independent not-for-profit organisation, that looks at accelerating solutions to climate change and water management by putting relevant information at the heart of business, policy and investment decision.
Sesa Goa is a part of the top companies in Carbon Disclosure Leadership Index in the CDP India 200 Report 2011 released by the Carbon Disclosure Project. The report has been presented by Carbon Disclosure Project, CII-ITC Centre of Excellence for Sustainable Development, WWF, Ernst & Young and British High Commission.
Mr. P. K. Mukherjee, Managing Director of Sesa Goa, said: “We believe in sustainable development in all aspects of what we do and have over the years created value fir all stakeholders through responsible stewardship. We are totally committed to judicious use of natural resources while minimizing our impact on people End the environment. It is a matter of great pride for the company to be listed among the top companies in Carbon Disclosure in this report”.
The report said “The quality and completeness of the disclosure of the companies in the CDLI shows that there is an increasing level of interest in climate change by the executive management and it is expected that there will soon be a visible percolation to businesses in the supply chain of these organizations”
“Leading companies have a strong sense of the potential impacts of climate change on their bottom-line performance. They have set aside regulatory uncertainty, and instead have taken their cues from the market Rather than standing on the sidelines waiting for clarity, they are seizing the opportunity to serve their markets and to create long-term, competitive value,” the report added.
The stock was trading at Rs.201.10, up by Rs.1.55 or 0.78%. The stock hit an intraday high of Rs.204 and low of Rs.196.
The total traded quantity was 3.91 lakhs compared to 2 week average of 4.69 lakhs.
Courtesy : EB