Chalet Hotels Limited Elevates Sustainability Performance Achieves Top Ranking in Dow Jones Sustainability Index

Mumbai, 20^th February 2024: Chalet Hotels Limited (CHL) proudly announces its enhanced sustainability performance as reflected in the latest Dow Jones Sustainability Index (DJSI) scores. With an overall score of 57 out of 100 (CSA Score Date: 16/02/2024), marking a significant improvement of 43 in the 2023 S&P Global Corporate Sustainability Assessment reflecting an improvement of 14 points over last one year. Chalet Hotels Limited has demonstrated remarkable progress across all three dimensions of sustainability – Environment, Social, and Governance. 

The Corporate Sustainability Assessment Results showcases CHL's commendable achievement, with notable growth in each dimension: Governance & Economic (54, +3), Environmental (54, +15), and Social (62, +21). In the specific category of TRT Hotels, Resorts, and Cruise Lines, CHL has emerged as a standout performer among 82 participating companies, securing 8^th position in the assessed industry group, 8^th position in the Environment Dimension and 6^th position in the Social Dimension. 

The Dow Jones Sustainability™ World Index, representing the top 10% of the largest 2,500 companies based on long-term economic, environmental, and social criteria, acknowledges CHL's leadership in global sustainability efforts.

"We are very pleased with our improved performance in the Dow Jones Sustainability Index, reflecting our unwavering commitment towards sustainable growth and business efficiencies. This recognition emphasizes our dedication to a comprehensive ESG approach. As we look ahead, this will remain our focus and continue to drive our success at Chalet Hotels." 

Sanjay Sethi, Managing Director and CEO, Chalet Hotels Limited

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