Grasim Industries (GRASIM.NS)

Overall impact
D (24)

Commentary

Grasim Industries is a below-average overall performer. With a 'D' rating of 23.9 for overall impact (bottom 10% of all companies), Grasim Industries ranks 108th out of 111 industry peers, behind Fluor, Jacobs Solutions, Argan and 104 others, and ahead of Balfour Beatty, Kinden, and Holcim. On top material causes for Grasim Industries's industry (Materials & Construction), Grasim Industries performs poorly in Sanitation Access (30.7 score), Healthy Oceans (0.0), Terrestrial Biodiversity (0.0) and 7 other causes where it received a 'D' or 'F' score. Grasim Industries did not receive an 'A' rating on any cause.
Impact
Cause GRASIM.NS
Peer rank
Overall impact

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Company
Employees
28,259
Sector
Industrials
Industry
Construction & Engineering
Sub-industry
Construction & Engineering
SASB industry
Engineering & Construction Services
Headquarters
India
Share classes
GRASIM.NS
Description
Grasim Industries Limited, together with its subsidiaries, primarily operates in fibre, yarn, pulp, chemicals, textile, fertilizers, and insulators businesses in India and internationally. The company operates through Cellulosic Fibres, Chemicals, Building Materials, Financial Services, and Others segments. The Cellulosic Fibres segments offers cellulosic staple fibre; and cellulosic fashion yarn. The Chemicals segment provides chlor-alkali comprising caustic soda; chlorine derivatives, such as chloromethanes and phosphoric acid; and specialty chemicals, that include epoxy polymers and curing agents. The Building Materials segment offers grey cement, white cement-based putty, and ready-mix concrete; and decorative paints comprising interior and exterior water- based paints, enamel paints, wood finishes, waterproofing solutions, and wallpapers under the Birla Opus brand name. This segment also provides painting services under the PaintCraft brand name; and operates Birla Pivot, a business-to-business e-commerce platform for building and construction materials, as well as credit solutions. The Financial Services segment offers non-banking financial services, housing finance, asset management, and health and life insurance, protection, investments, advisory, and value-added services. The Others segment provides textile products, such as linen fabrics, wool tops and worsted yarn, and cotton fabrics under Linen Club, Cavallo, Soktas, and Giza House brands; manufactures and sells ceramic and composite insulators for transmission and distribution lines, sub-stations, power equipment, and railway electrification industries; and engages in the generation of electricity of 894 MW capacity through 42 project comprising solar panels, wind turbines, solar-wind hybrids, and floating solar systems. The company was incorporated in 1947 and is based in Mumbai, India.
Material causes
Ethos considers the following causes material for Grasim Industries, based on its industry sub-industry Construction & Engineering. Learn more about material causes in our methodology overview.

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