Indian Economy News

Tata Steel declared global industry leader in steel sector

Kolkata: Tata Steel has been declared as the global industry leader in the steel sector by the Dow Jones Sustainability Index (DJSI) assessment for the year 2016 out of a list of more than 20 global steel majors who participated in the DJSI assessment. Tata Steel scored 81% in the assessment, an improvement from last year's score of 80%.

The DJSI assessment was created by the investor community in the year 1999 to evaluate large companies based on economic,environmental and social criteria and serves as a benchmark on Corporate Sustainability Leadership. The assessment comprises an annual analysis of the sustainability performance of more than 2,000 companies.

Investors across the globe are increasingly seeking DJSI scores of companies before making their investment decisions. Tata Steel has been providing disclosures under the aegis of DJSI for the last three years.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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