Apollo Pipes (APL) has achieved 62nd Percentile in the Building Products industry on ESG rankings in S&P Global Corporate Sustainability Assessment in its maiden participation. The results of the assessment came in the last week of March 2024, where the company scored 28.
The company takes pride in their groundbreaking achievement of receiving its first-ever Environmental, Social, and Governance (ESG) rating, solidifying commitment to sustainable practices. This represents a comprehensive evaluation of APL’s efforts to align its business strategies with global sustainability goals and demonstrates its proactive approach to addressing environmental challenges, fostering social inclusion, and upholding strong governance standards.
The ESG score reflects the measures taken by APL to integrate ESG principles into the company’s business strategies and operations. In the coming year, APL plans to continue in its ESG journey by calculating Scope 3 emissions from its operations, assess climate-related risks and opportunities in line with the recommendations set by the Taskforce for Climate-related Financial Disclosures (TCFD).
Apollo Pipes is engaged in the manufacturing and trading of PVC Pipes and Fittings. The company is headquartered in Delhi and among the market leader in piping and related products segment under brand name of APL Apollo.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3705.80 |
| Astral | 1612.85 |
| Finolex Inds | 174.70 |
| Nilkamal | 1320.05 |
| Jain Irrigation Sys | 33.05 |
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