Welspun Living reaches No. 1 ESG rank as renewables hit 34%

Welspun Living reported a 90 out of 100 S&P Global environmental, social and governance (ESG) score and Global Rank 1 in Textile, Apparel & Luxury Goods in 2025. Its renewable-energy share rose to 34% in the first half of financial year 2027 (H1 FY27), from 22% in FY26, while production fresh-water use was 10.0 kilolitres per metric tonne.

What is Welspun Living’s ESG ranking?

Welspun Living is ranked Global No. 1 and India No. 1 in the presentation’s S&P Global ESG Score results, with a score of 90 out of 100. The presentation identifies the result as its 2025 standing in the Textile, Apparel & Luxury Goods sector and separately lists a 90 out of 100 score and Global Rank 1 under its DJSI ratings.

The displayed score journey is 48, 59, 66, 83 and 90, making the latest score 42 points above the first score shown. Welspun Living also reported an EcoVadis score of 74 out of 100, a Silver Badge and a top-9-percentile position. Its climate-change rating was B and its water rating was A-, with the climate-change rating described as improved from D to B.

How did Welspun Living’s renewable-energy use change?

Welspun Living increased renewable energy to 34% in H1 FY27, up 12 percentage points from 22% in FY26. The presentation places the measure under “Carbon Neutral (% RE),” with RE referring to renewable energy, and gives a 2030 goal of 100%. Because H1 FY27 covers only the first half of the financial year, the 34% result is not a full-year FY27 figure.

Sustainable cotton moved in the other direction, to 90% in H1 FY27 from 95% in FY26, against a 100% goal for 2030. This five-percentage-point decline contrasts with the increase in renewable energy between the two reported periods. The presentation does not give a renewable-source breakdown, installed capacity or an explanation for the sustainable-cotton movement.

What environmental impact did Welspun Living report in H1 FY27?

Welspun Living reported 2,016 tons of recycled cotton reused, 66,459 gigajoules of energy saved, 2,164 million litres of recycled water used and more than 92,069 acres of sustainable cotton farming in H1 FY27. These indicators cover material reuse, energy savings, recycled-water use and farming area, rather than one combined environmental measure.

Fresh-water use in production operations was listed at 10.0 kilolitres per metric tonne, abbreviated as KL/MT, in H1 FY27, compared with 13 KL/MT in FY26. The stated 2030 goal for this measure is zero. Welspun Living also listed 38.15 metric tonnes of hazardous waste in H1 FY27, compared with 99.71 metric tonnes in FY26, alongside a zero-hazardous-waste goal for 2030.

How do Welspun Living’s FY26 and H1 FY27 targets compare?

Welspun Living’s target table shows a higher renewable-energy share and lower reported production fresh-water intensity, while its sustainable-cotton percentage was lower in H1 FY27 than in FY26. The figures compare a completed financial year with a first-half period, which the presentation labels separately. It does not provide an H1 FY26 baseline or an FY27 full-year forecast.

Welspun Living recorded 25,266 cumulative farmers in sustainable farming in H1 FY27, up from 24,566 in FY26, toward a 2030 goal of 50,000 farmers. For cumulative lives affected, which the presentation labels CSV without expanding the abbreviation, it lists 515,000 in H1 FY27 and 1,067,551 in FY26, against a goal of 1,000,000. The presentation does not explain why the H1 FY27 CSV figure is lower despite both figures being labelled cumulative.

What does Welspun Living’s 2030 sustainability plan include?

Welspun Living’s disclosed 2030 plan includes 100% renewable energy, 100% sustainable cotton, zero fresh-water use in production operations and zero hazardous waste. It also sets targets of 50,000 farmers in sustainable farming and 1,000,000 cumulative lives affected under the CSV measure. The H1 FY27 dashboard provides interim readings for all six measures.

The presentation’s rankings sit alongside these operating measures: 90 out of 100 in the S&P Global ESG Score, 74 out of 100 from EcoVadis, and climate-change and water ratings of B and A-, respectively. It does not disclose annual milestones from H1 FY27 to 2030, capital spending for the targets or a methodology behind the displayed score progression from 48 to 90. Those disclosures therefore do not permit a year-by-year assessment beyond the reported measures.

Conclusion

Welspun Living combines a 90 out of 100 S&P Global ESG score and Global Rank 1 with measurable H1 FY27 operating data, including a 34% renewable-energy share, 2,164 million litres of recycled water used and 2,016 tons of recycled cotton reused. Compared with FY26, renewable energy increased from 22% and fresh-water intensity declined from 13 to 10.0 KL/MT, while sustainable cotton fell from 95% to 90%.

The next results to watch are Welspun Living’s progress toward its 2030 goals of 100% renewable energy and sustainable cotton, zero production fresh-water use and zero hazardous waste. The presentation also leaves a reporting matter unresolved: the cumulative CSV figure is 515,000 in H1 FY27 after 1,067,551 in FY26, without an explanation for the change.