NEW DELHI: GAIL, India’s number 1 Natural Gas Company, has been selected as an index constituent of theFTSE4Good Emerging Index.GAIL’s selection into FTSE4Good reflects leadership in environmental, social and governance (ESG) performance in Oil & Gas Sector.
FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist know ledge gained from developing local benchmarks around the world. Approximately $12.5 trillion is currently benchmarked to FTSE Russell indexes.
Letter from FTSE Russell to GAIL mentioned, “Congratulations on your company’s inclusion in FTSE4Good Index; this is a significant achievement.”
GAIL’s inclusion is based on the review of ESG related GAIL (India) Limited publishes such as Sustainability Report which is published every year. GAIL’s Sustainability Report are based on the widely used GRI G4 Sustainability Reporting guidelines. GAIL also publishes Business Responsibility Report as part of Annual Report every year. Further, from time to time GAIL constantly expands the disclosures it makes and the information it reports with a view to provide the most comprehensive account of its business practices to all stakeholders.