Mumbai: ZEE Entertainment Enterprises Ltd. (ZEE) has earned an impressive ESG score of 44 in the latest S&P Global Corporate Sustainability Assessment (CSA). This outstanding score highlights ZEE’s dedication to implementing world-class sustainability practices across Environmental, Social, and Governance (ESG) domains.
The company’s ESG score places it significantly ahead of the industry average of 20, ranking amongst the top 10% of global players within its sector. ZEE has seen an exceptional improvement of 16 points from 2023, now securing a spot in the 93rd percentile within the global Media, Movies & Entertainment industry.
ZEE’s notable performance in the CSA is attributed to its strong actions across several core ESG factors. The company excelled in areas such as Transparency & Reporting, where it ranked in the top 100th percentile, and also in Business Ethics, Information Security/Cybersecurity, Water Management, Labour Practices, Human Rights, and Customer Relations, where it ranked above the 90th percentile.
The company’s consistent efforts towards sustainability have been reflected in its comprehensive approach to managing ESG risks, opportunities, and impact. This includes a combination of transparent company disclosures, stakeholder engagement, and advanced modelling techniques.
Punit Goenka, Chief Executive Officer of ZEE Entertainment Enterprises Ltd., commented on the achievement: “At ZEE, we believe in staying ahead of the curve by consistently delivering industry-beating performance across all aspects. The high ESG score achieved by the Company in the renowned S&P Global assessment is yet another firm testament to our commitment of implementing the best practices in the environmental, social, and governance domains. As a responsible corporate citizen, sustainable growth remains key to driving long-term success, and our efforts remain focused on enhancing environmental sustainability, promoting social equity, and maintaining strong governance frameworks.”
He continued, “As we take concerted steps to achieve our targeted aspirations, prioritizing key initiatives in the realm of ESG is a core focus area, ensuring that ZEE continues to deliver industry-leading performance in entertainment as well as corporate responsibility.”
With its robust ESG strategy in place, ZEE is committed to maintaining industry leadership in sustainability and responsible business conduct. The company’s exceptional ESG performance reflects its broader vision of creating long-term value for stakeholders while contributing positively to societal development.
