Rapid Fire
SKOCH ESG Award 2024
- 02 Apr 2024
- 1 min read
REC Limited won the SKOCH ESG Award 2024 for 'Renewable Energy Financing'.
- REC (formerly Rural Electrification Corporation Limited) is a 'Maharatna' Central Public Sector Enterprise under the Ministry of Power, and is registered with the RBI as a Non-Banking Finance Company (NBFC), and Infrastructure Financing Company (IFC).
- REC funds both power and non-power infrastructure, encompassing a wide range from generation to transportation and communication projects, along with sectors including renewables, electric vehicles, and green technologies.
- The SKOCH ESG Awards recognise organisations demonstrating outstanding performance in Environmental, Social, and Governance (ESG) practices.
- The Award and Assessment are a crucial benchmark for assessing organisations' dedication to India 2047 by emphasising the link between sustainable investments and processes for a sustainable business future.
- SKOCH Group is a prominent Indian think tank established in 1997, that specialises in socio-economic issues engaging with a wide range of entities from Fortune 500 companies to community-based organizations.
- The Award and Assessment are a crucial benchmark for assessing organisations' dedication to India 2047 by emphasising the link between sustainable investments and processes for a sustainable business future.
Read more: SKOCH Awards, REC Limited's Commitment to Armed Forces Welfare
