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Zomato climbs to the top five global REX companies among 176 companies on S&P Global ESG Score 2024
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Thursday, 09 January, 2025, 12 : 00 PM [IST]
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Our Bureau, Mumbai
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Zomato, India's online food ordering and delivery platform, has been ranked among the top five Global Restaurant and Leisure Facilities (REX) out of 176 peer companies on their S&P Global ESG Score 2024.
The S&P Global ESG Score, one of the most prestigious global ESG scores, is a relative score that measures a company's performance on the management of their ESG risks, opportunities, and impacts compared to their peers within the same industry classification. These scores also help investors in assessing a company's year-on-year sustainability performance.
It scored 58 out of 100, an increase of 41% from last year's score of 41, putting the company in the 98th percentile of its global peer group in the Restaurant and Leisure Facilities (REX) industry. It improved its scores across Environment (92% increase), Social (24% increase) and Governance (30% increase)
Anjalli Ravi Kumar, chief sustainability officer, Zomato, said, "We are immensely proud to be recognised as one of the top five global companies in our industry for our ESG performance. Sustainability lies at the very core of our operations at Zomato. This significant achievement underscores our commitment to sustainability and demonstrates our dedication to creating a truly positive and lasting impact."
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