APL Apollo Tubes Ltd. announces that it stands at the 89th percentile in the steel industry on ESG rankings in S&P Global Corporate Sustainability Assessment (CSA), up from 86th percentile in 2023 and 80th percentile in 2022. The results of the assessment came in March 2025, where the company scored a total of 49.

The company's score improved to 49 in 2024 from 40/29/25 in 2023/2022/2021, reflecting APL Apollo's commitment to integrate ESG into the company's business strategies and operations.

Science Based Targets initiative (SBTi) has approved APL Apollo Tubes' nearand long-term science-based emissions reduction targets, as well as our science-based Net Zero target for 2050, in alignment with a 1.5°C scenario. APL has pledged to reduce its Scope 1 and 2 emissions per metric ton of steel produced by 25% by 2030.

APL Apollo Tubes has invested in environmentally friendly products such as the Tubular Structural Steel product that offers a better alternative to RCC and wood as a method of building construction, with benefits such as recyclability, zero dust, no water consumption, and quicker construction.

Commenting on the Company's ESG performance for 2024, Sanjay Gupta, Chairman, APL Apollo, said, "Our performance in assessments by ESG ratings organizations and validation of our Net Zero target by an international body such as the Science Based Targets initiative (SBTi) is encouraging. I am delighted to announce that our overall score has improved and now stands at 89th percentile in 2024. We are dedicated to reducing our carbon footprint, improving resource efficiency, and promoting ethical business practices within the steel industry."