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BEL Secures CareEdge-ESG 1 Rating with 73.8 Score, First Aerospace & Defence PSU to Achieve Top ESG Rank

Top rating from CareEdge ESG Ratings Limited highlights BEL’s leadership in sustainability, governance excellence, emissions control, and responsible defence manufacturing in India.
Indian Masterminds Stories

Bengaluru: Bharat Electronics Limited (BEL), India’s leading defence public sector undertaking, has achieved a major sustainability milestone by securing the prestigious CareEdge-ESG 1 rating with an impressive ESG score of 73.8. The rating was awarded by CareEdge ESG Ratings Limited, a SEBI-registered issuer-pays ESG rating provider.

With this achievement, BEL becomes the first aerospace and defence (A&D) PSU in India to receive the top CareEdge-ESG 1 rating, underscoring its strong commitment to environmental stewardship, responsible governance, and sustainable operations.

Read also: RECPDCL Hands Over Bellary-Davanagere ISTS Transmission Project SPV to Power Grid

Leadership in ESG Performance

The CareEdge-ESG 1 rating reflects BEL’s industry-leading performance in managing environmental, social, and governance (ESG) risks through transparent disclosures, structured policies, and measurable sustainability outcomes.

BEL has consistently demonstrated excellence in:

  • Water stewardship and reduction in water consumption
  • Emissions control and enhanced energy efficiency
  • Waste management and green value chain initiatives
  • Human capital development and ethical governance practices

According to CareEdge-ESG, BEL outperforms the industry median across several critical ESG parameters, including:

  • Biodiversity protection
  • Human rights standards
  • Data privacy and cybersecurity
  • ESG oversight and board-level governance

This comprehensive ESG framework positions BEL for a resilient and future-ready operational transition aligned with global sustainability benchmarks.

Recognition Ceremony at Bengaluru Corporate Office

The ESG achievement was formally recognised during a ceremony at BEL’s Corporate Office in Bengaluru.

Mr. Saikat Roy, Senior Director at Care Ratings Limited and CEO of CareEdge ESG Ratings Limited, presented a memento to Mr. Manoj Jain, Chairman and Managing Director (CMD) of BEL, acknowledging the company’s commitment to ESG excellence.

Mr. Nitin Dalmia, Director at Care Ratings Limited, also handed over the official ESG certificate recognising BEL’s score of 73.8 and its CareEdge-ESG 1 rating.

Boost to Sustainable Defence Manufacturing in India

The recognition further strengthens BEL’s position as a sustainability-focused defence PSU. By embedding ESG principles into its core business strategy, BEL continues to support India’s strategic defence manufacturing ecosystem while meeting global investor expectations for responsible business conduct.

The CareEdge-ESG 1 rating is expected to enhance investor confidence, reinforce governance credibility, and drive long-term value creation for stakeholders.

About Bharat Electronics Limited (BEL)

Founded in 1954, Bharat Electronics Limited (BEL) is a Navratna defence PSU under the Ministry of Defence, Government of India. Headquartered in Bengaluru, BEL specialises in advanced electronic products and systems for the Indian Armed Forces, including radars, communication systems, electronic warfare systems, and homeland security solutions. With a strong focus on innovation, indigenisation, and sustainability, BEL plays a pivotal role in strengthening India’s self-reliant defence manufacturing capabilities.

Read also: BEL Bags ₹581 Crore Defence and Technology Orders, Strengthening India’s Indigenous Capabilities


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