HFCL Limited Reports Significant ESG Score Improvement to 50 in S&P Global Assessment
HFCL Limited achieved a significant ESG milestone with its S&P Global Corporate Sustainability Assessment score reaching 50 for 2025, marking a 22-point improvement from the previous year. The score exceeds the industry average of 40, with key improvements driven by enhanced Corporate Governance, Climate Strategy, and Human Capital Management practices. The company disclosed this achievement on February 10, 2026, in compliance with SEBI Listing Regulations to both BSE and NSE exchanges.

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HFCL Limited has announced a significant improvement in its Environmental, Social, and Governance (ESG) performance, with S&P Global publishing the company's Corporate Sustainability Assessment (CSA) ESG Score on February 10, 2026. The telecommunications equipment manufacturer reported substantial progress in its sustainability metrics, reflecting enhanced corporate practices across multiple dimensions.
ESG Performance Highlights
The company's ESG scorecard demonstrates notable advancement in sustainability practices:
| Parameter | 2025 Score | Previous Year | Improvement | Industry Benchmark |
|---|---|---|---|---|
| S&P Global ESG Score | 50 | 28 | +22 points | 40 (average) |
HFCL's score of 50 not only represents a 22-point improvement over the previous year but also surpasses the industry average score of 40, positioning the company favorably within its sector.
Key Performance Drivers
The substantial improvement in HFCL's ESG score was attributed to three primary areas of enhancement:
- Corporate Governance: Strengthened governance frameworks and practices
- Climate Strategy: Enhanced environmental sustainability initiatives and climate-related strategies
- Human Capital Management: Improved workforce management and employee-related policies
These material drivers reflect the company's comprehensive approach to sustainability across governance, environmental, and social dimensions.
Regulatory Compliance and Disclosure
HFCL made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was communicated to both major Indian stock exchanges:
| Exchange | Security Code | Contact |
|---|---|---|
| BSE Limited | 500183 | Mumbai - Dalal Street |
| National Stock Exchange | HFCL | Mumbai - Bandra Complex |
The company referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, in its regulatory filing.
S&P Global Assessment Framework
S&P Global, the organization conducting this assessment, is recognized as a leading financial information and analytics provider with global reach. The company serves investors, corporations, regulators, and governments across more than 100 countries, providing independent ratings, indices, data, and research that play a critical role in global capital markets.
The Corporate Sustainability Assessment represents S&P Global's comprehensive evaluation framework for measuring companies' sustainability performance across various ESG criteria. HFCL's improved performance in this assessment reflects the company's commitment to sustainable business practices and stakeholder value creation.
Historical Stock Returns for HFCL
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.90% | +4.57% | +10.42% | -1.78% | -26.87% | +152.29% |


































