Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, December 08 2020 - 23:47
AsiaNet
Vakrangee Demonstrates Environmental Transparency And Achieves 'B' Score From CDP For Environmental Practices, Better Than The Industry's Average
MUMBAI, India, Dec. 8, 2020 /PRNewswire-AsiaNet/ --

- This is higher than the Asia regional average of D, Global Average of C and 
Higher than the specialized professional services sector average of D.

    Vakrangee, a unique technology-driven company focused to build India's 
largest network of last-mile retail outlets to deliver services to the unserved 
and the underserved population of the country, has been commended for its 
climate action this year, and received a "B" Rating (on a scale from a minimum 
of "D" to a maximum of "A") from CDP (Carbon Disclosure Project), a non-profit 
organization that evaluates the performance in climate change of more than 
9,600 companies worldwide every year. This is the first year of participation 
for Vakrangee to disclose through CDP.


    The Score obtained by the Company is a "B" Rating which is in the 
Management band. The Management Band indicates that the company is taking 
coordinated action on climate issues. This is higher than the Asia regional 
average of D, Global Average of C and higher than the Specialized professional 
services sector average of D. It is a proof and recognition of the concrete and 
constant commitment of Vakrangee in its efforts to fight against climate change.


    CDP's annual environmental disclosure and scoring process is widely 
recognized as the gold standard of corporate environmental transparency. 


    Commenting on this, Mr. Dinesh Nandwana, Managing Director & Group CEO, 
Vakrangee Ltd. said, "We are happy and honored to be scored "B" Rating during 
our first year of disclosures demonstrating Environmental Transparency by 
disclosing through CDP. This recognition reflects our active engagement towards 
carbon neutral business. At Vakrangee, we understand that our business has an 
impact on the environment. Our Business strategy has been mapped with the 
sustainability initiatives along with the United Nation's Sustainable 
Development Goals. The goals are a blueprint to achieve a better tomorrow."


    To learn more about Vakrangee's ESG programs, see 
https://www.vakrangee.in/policies_and_guidelines.html .


    About Vakrangee Limited (BSE: 511431) (NSE: VAKRANGEE)

Incorporated in 1990, Vakrangee is a unique technology driven company focused 
on building India's largest network of last-mile retail outlets to deliver 
real-time banking & Financial Services, ATM, insurance, e-governance, 
e-commerce and logistics services to the unserved rural, semi-urban and urban 
markets. (www.vakrangee.in)


    Media Contact: 
    Ammeet Sabarwal 
    Chief Corporate Communications & Strategy Officer 
    ammeets@vakrangee.in 
    Vakrangee Limited – www.vakrangee.in  
    Ph no: +91-22-67765100 

    Source: Vakrangee Limited
 
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