ABFRL tops Indian retailers in S&P Global CSA – Company ranked fourth globally in retail with an overall score of 82
30 March 2025: Aditya Birla Fashion and Retail Ltd. (ABFRL) has secured the highest ranking among Indian retail companies in the S&P Global Corporate Sustainability Assessment (CSA). The Company has achieved the number one position in the Indian retail sector and has been ranked fourth globally in the overall retail category.
With a score of 82, ABFRL has demonstrated its leadership in Environmental, Social, and Governance (ESG) performance across its business operations. This accomplishment places ABFRL in the 99th percentile among global peers, earning the Company a prestigious place in the S&P Global Sustainability Yearbook 2025.
In 2025, out of 7,690 companies assessed across 62 industries, only 780 were included in the Yearbook, further reinforcing ABFRL’s position as a frontrunner in sustainable fashion. This recognition underscores the Company’s commitment to innovation, responsible growth, and setting new benchmarks for a more sustainable and inclusive future.
Ashish Dikshit, Managing Director, Aditya Birla Fashion and Retail Ltd., commented, “Sustainability is a fundamental pillar of our business strategy, and this recognition by S&P Global validates our continuous efforts towards responsible growth. Our commitment to ESG excellence is driven by innovation, collaboration, and a vision to create long-term value for all stakeholders. This achievement further strengthens our industry leadership and inspires us to set new benchmarks in sustainable business practices.”
Dr. Naresh Tyagi, Chief Sustainability Officer, Aditya Birla Fashion and Retail Ltd., added, “Achieving a score of 82 and securing highest score globally in the Apparel Retail sector is a significant validation of our Sustainability initiatives. This recognition is the result of our structured ESG roadmap, cross-functional teamwork, and our ability to navigate complex and dynamic assessment criteria. We remain committed to further enhancing our sustainability performance and setting new benchmarks in the industry.”
The S&P Global Sustainability Yearbook evaluates companies based on their performance in the CSA. It distinguishes Companies that exhibit strong corporate sustainability practices globally and in India.
The Company’s foray into branded ethnic wear business includes brands such as Jaypore, Tasva & Marigold Lane. The Company has strategic partnerships with Designers ‘Shantnu & Nikhil’, ‘Tarun Tahiliani’, ‘Sabyasachi’ and ‘House of Masaba’. This also encompasses the recently amalgamated TCNS portfolio of women’s ethnic brands: W, Aurelia, Wishful, Elleven, and Folksong.
In addition, to cater to the needs of digitally native consumers, ABFRL is building a portfolio of Digitalfirst brands under its technology led ‘House of D2C Brands’ venture TMRW. TMRW is on a path to building a portfolio of Digital First brands in partnership with founders of emerging brands in the ECommerce market.
