Global company PDS surges to top tier in S&P Global CSA Score

29 Jun '23

2 min read

Pic: PDS

Insights

In its inaugural year of participation, global fashion infrastructure company PDS Limited has scored in the top 93rd percentile in the S&P Global Corporate Sustainability Assessment (CSA) Index.
The company's business focus is supported by its four sustainability pillars: respect water, reduce emission, think circular, and build community.

PDS Limited, a global fashion infrastructure company, has announced the results of its S&P Global Corporate Sustainability Assessment (CSA) Index score. In its very first year of participating in the S&P Global CSA, PDS ranked among the top-tier companies with a score in the 93rd percentile for ESG performance in the textile, apparel, and luxury goods industry. The S&P Global CSA in 2022 assessed over 7,800 companies across 61 industries.

Sustainability is core to PDS's values and business. The business focus is supported by four sustainability pillars: respect water, reduce emission, think circular, and build community. The S&P Global CSA scores helps measure PDS’ effort and plan the sustainability agenda effectively over the next few years, the company said in a press release.

“We believe responsible businesses involve more than consistent performance; it also entails building a long-term value for stakeholders, while promoting an equitable and sustainable future. These scores further our resolve to be part of the solution by investing in technology that will further the fashion value chain’s pursuit of sustainable innovation,” said Pallak Seth, executive vice chairman.

“At PDS we are driven to deliver operational excellence while practicing sustainable processes across our platform. We actively engage across internal and external stakeholders to achieve our sustainability goals by not only abiding by a zero-tolerance violation policy across our platform, but also investing in innovations and solutions grounded in science,” said Sanjay Jain, group CEO.

Fibre2Fashion News Desk (DP)

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