Home / News

Business

  • 0

Ashok Leyland forms a New Committee of the Board to drive ESG

Ashok Leyland forms a New Committee of the Board to drive ESG

Chennai : India’s leading commercial vehicle manufacturer, Ashok Leyland, flagship of the Hinduja Group, today announced the formation of an Environmental, Social & Governance (ESG) Committee headed by an Independent Director at the recently concluded Board meeting. The role of this new ESG Committee will be to provide appropriate oversight and guidance in the Company’s journey on organization-wide ESG initiatives, priorities, and leading ESG practices.

 

Announcing the formation of this Committee, Mr. Dheeraj Hinduja, Chairman, Ashok Leyland, said, “We are pleased to institute this new ESG Committee of our Board. This Committee will help accelerate adoption of leading ESG practices into the business and bring added focus on being sustainable and socially responsible. The endeavor is to create sustainable opportunities for people, businesses and communities that we work with.”

Commenting on the ESG Committee, Mr. Vipin Sondhi, MD & CEO, Ashok Leyland, said, “While we are focused to achieve our Vision which is ‘To be a Top 10 Global CV Player’, a deep sense of social responsibility lies at the heart of our operations at Ashok Leyland. For over 70 years, we have been committed towards the good of our customers, employees, communities, value chain partners and investors, and Sustainability is the foundation upon which this commitment has been built. The formation of this Committee will propel our efforts in taking the ESG agenda forward.”

 

Mr. Jose Maria Alapont, Independent Director, Ashok Leyland, added, “The aim of this Committee will be to provide guidance and support to Ashok Leyland’s ongoing commitment towards Environment, Corporate Social Responsibility, Corporate Governance and other Public Policy matters, relevant to the company.”

ESG initiatives in Ashok Leyland will be led by Mr. N V Balachander. As the President of ESG, he will lead the Sustainability agenda within the Company and work with the newly formed Board Committee to create new benchmarks in Sustainability for the Auto industry.

Previous News

Technology News

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Gurugram, India – October 11, 2023: Samsung announced exciting offers

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

Bengaluru, October 10, 2023  IN-SPACe (Indian National Space Promotion and

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

New Delhi, October 3, India- Philips India announces an exciting co

Latest Business News

SANY India partners with J&K Bank to provide financial solutions to its customers

SANY India partners with J&K Bank to provide financial solutions to its customers

Mumbai, March 13, 2024SANY India, a leading manufacturer of construction equipment, has taken a

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Continuing its expansion plan in India, Radisson Hotel Group is excited to announce the signing of 150-room Radisson Blu Hotel, Ayodhya. A greenfie