New Delhi: Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has achieved a significant milestone by securing the CareEdge-ESG 1 rating with an ESG score of 73.8, awarded by CARE ESG Ratings Limited, a SEBI-registered ESG rating agency. With this recognition, BEL has become the first company in India’s aerospace and defence sector to earn the highest category rating from CareEdge-ESG.
High Rating Reflects Strong Sustainability Commitment
The CareEdge-ESG 1 rating highlights BEL’s deep commitment to sustainable, transparent, and responsible business practices. According to the company, the score reflects its strong leadership in ESG integration, demonstrated through robust risk management, industry-leading disclosures, and comprehensive sustainability policies and performance indicators.
BEL’s wide-ranging initiatives—including water stewardship, emission control, waste management, responsible resource use, human capital development, and ethical business practices—played a significant role in securing the top rating.
BEL Outperforms Industry on Key ESG Metrics
BEL outperformed the industry median on several critical ESG dimensions such as biodiversity conservation, energy efficiency, data privacy, ESG oversight, sustainability practices, and community development.
The company has undertaken focused initiatives aimed at carbon emission reduction and supporting employee welfare and community upliftment programmes.
Boost for Investor Confidence
ESG ratings have become increasingly important for investors, as companies with strong ESG performance often demonstrate better financial resilience, operational stability, and improved ability to attract diverse global investors.
BEL Targets Net-Zero Emissions by 2030
Expressing pride in the achievement, BEL Chairman and Managing Director Manoj Jain said:
“An ESG score of 73.8 from CareEdge-ESG underscores BEL’s dedication to sustainable growth and ethical business conduct. It highlights our efforts to integrate ESG values throughout our organisation. BEL is pursuing its long-term sustainability vision, which includes an ambitious goal to attain net-zero Scope 1 and 2 emissions by 2030. We remain dedicated to embedding sustainability at the heart of our business strategy.”
About BEL
Bharat Electronics Limited (BEL) is a Navratna Public Sector Undertaking (PSU) under the Ministry of Defence. Established in 1954, BEL is a key player in the aerospace and defence sector, manufacturing advanced electronic systems such as radars, communication systems, air defence systems, missile electronics, and more. It plays a pivotal role in strengthening India’s indigenous defence capabilities.
