Ashok Leyland forms body to lead its sustainability plans

The committee will provide appropriate oversight and guidance on organisation-wide ESG initiatives and priorities.Ashok Leyland chairman says this move will create sustainable opportunities for people, businesses and communities.
By : PTI
| Updated on: 26 Jun 2021, 07:00 PM
Representational picture.
Representational picture.
Representational picture.
Representational picture.

Commercial vehicle maker Ashok Leyland on Friday said it has formed an environmental, social and governance (ESG) committee headed by an independent director to lead its sustainability agenda.

The role of this new ESG committee will be to provide appropriate oversight and guidance in the company's journey on organisation-wide ESG initiatives, priorities, and leading the practices.

(Also read | Ashok Leyland arm acquires electric vehicles maker Switch Mobility)

"This Committee will help accelerate adoption of leading ESG practices into the business and bring added focus on being sustainable and socially responsible.

"The endeavor is to create sustainable opportunities for people, businesses and communities that we work with," Ashok Leyland Chairman Dheeraj Hinduja said in a regulatory filing.

Trending Cars

Find More Cars

(Also read | Ashok Leyland expects plants to be operational for up to 10 days in June)

ESG initiatives in Ashok Leyland will be led by N V Balachander, the Chennai-based firm said. As the President of ESG, he will lead the sustainability agenda within the company and work with the newly formed board committee to create new benchmarks for the automobile industry, it added.

First Published Date: 26 Jun 2021, 07:00 PM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city