- Saatvik Green Energy Ltd earns EcoVadis Bronze Medal with a score
of 69/100, ranking in the 79th percentile globally
- Recognition reinforces the company’s commitment to ESG-led growth
and alignment with global sustainability standards
New Delhi : Saatvik
Green Energy Limited, one of India’s fastest-growing fully integrated renewable
energy companies listed on the BSE and NSE, has been awarded the Bronze Medal
by EcoVadis, a globally recognized provider of business sustainability ratings.
In a significant milestone for the Company, this marks Saatvik’s first-ever
EcoVadis recognition, positioning it among a select group of companies globally
acknowledged for their sustainability performance.
Saatvik achieved a score of 69/100, placing it in the 79th
percentile among all companies assessed globally, reflecting a strong debut
performance on the global ESG benchmark. The assessment evaluated the Company’s
policies, practices, and disclosures across four critical themes: Environment,
Labor & Human Rights, Ethics, and Sustainable Procurement.
EcoVadis evaluates over 130,000 companies globally, with
ratings based on leading international standards, including the UN Global
Compact Principles, International Labour Organization (ILO) conventions, Global
Reporting Initiative (GRI) standards, and ISO 26000 guidelines. The rating
provides a rigorous, evidence-based assessment while also serving as a roadmap
for continuous improvement.
Securing this recognition in its very first assessment cycle
underscores the strength of Saatvik Green Energy Limited sustainability
foundation and its accelerated alignment with global ESG frameworks. The
achievement highlights the Company’s focused efforts toward embedding
Environmental, Social, and Governance (ESG) principles into its core business
strategy.
The Company has been actively driving initiatives aimed at
minimizing environmental impact, strengthening responsible sourcing practices,
fostering an inclusive workplace, and ensuring ethical governance across its
value chain.
Commenting on the milestone, Mr. Prashant Mathur, CEO,
Saatvik Green Energy Limited, said, “Achieving the EcoVadis Bronze Medal in our very first
assessment is a defining validation of Saatvik’s sustainability-first approach.
This recognition is not just an endorsement of our ESG practices—it is a
critical benchmark that strengthens our credibility with global customers,
investors, and partners who increasingly prioritize responsible and transparent
businesses. As we scale, this certification reinforces our ability to compete
in international markets while staying deeply aligned with global
sustainability standards. At Saatvik, we see ESG not as a compliance
requirement, but as a core driver of long-term value creation and resilient
growth.”
From a strategic standpoint, this maiden EcoVadis rating
significantly enhances Saatvik’s global credibility, strengthening its
positioning among customers, investors, and partners who increasingly
prioritize ESG performance. It reinforces the Company’s readiness to compete in
international markets and meet evolving sustainability expectations.