REC Limited Secures Top ESG Rating With Score Of 80 In NSE ESG Rankings

REC Limited has announced that it has secured the top ESG rating among financial institutions in the latest NSE ESG Ratings. The company received an ESG score of 80, reflecting its strong commitment to environmental, social, and governance practices. REC, a Maharatna CPSE under the Ministry of Power, said this achievement is the result of consistent efforts over the last three years to integrate ESG principles into every part of its operations.

The company explained that its ESG journey began with the introduction of its first ESG policy three years ago. Since then, REC has taken several important steps to strengthen its ESG framework. One major area of progress has been strategic planning and oversight. The company mapped all ESG-related action points, studied global best practices, and engaged with international platforms such as the Climate Disclosure Project, S&P Corporate Sustainability Assessment, and MSCI. This helped REC align its work with recognised global standards.

REC is also developing a detailed pathway to achieve Net-Zero, showing its long-term environmental commitment. The company has made notable improvements in operational ESG performance as well. Its corporate office now runs entirely on green power and functions as a zero-discharge building. The office has been awarded a GRIHA 5 rating. The company has also converted much of its office vehicle fleet to electric vehicles. REC has taken steps to improve workplace conditions through enhanced HR policies and mandatory training on human rights, ethics, health and safety, cybersecurity, and national sustainability principles.

Transparency has been another key focus area. REC enhanced its disclosures in its Business Responsibility and Sustainability Report and published its second ESG report based on the GRI framework for the financial year 2024-25. The company stated that strong leadership support has played an important role in building a deep ESG culture throughout the organisation.

CMD of REC, Shri Jitendra Srivastava, said that the achievement validates the company’s strategic direction, beginning from the introduction of new policies to advancements in its sustainability disclosures. He added that this milestone highlights REC’s commitment to supporting India’s Panchamrit climate goals and shows that responsible business practices are central to the company’s progress.