Reliance Industries (RELIANCE.NS)

Overall impact
F (10)

Commentary

Reliance Industries is a poor overall performer. With an 'F' rating of 10.5 for overall impact (bottom 10% of all companies), Reliance Industries ranks 24th out of 38 industry peers, behind Ultrapar Participacoes, Renewable Energy, Neste and 20 others, and ahead of Marathon Petroleum, NGL Energy Partners, Par Pacific and 11 others. On top material causes for Reliance Industries's industry (Oil & Gas), Reliance Industries performs poorly in Improved Mental Health (38.7 score), Clean Water Access (0.0), Equal Pay and Opportunity (37.8) and 12 other causes where it received a 'D' or 'F' score. Reliance Industries did not receive an 'A' rating on any cause.
Impact
Cause RELIANCE.NS
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Overall impact

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Company
Founded
1973
Employees
347,362
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-industry
Oil & Gas Refining & Marketing
SASB industry
Oil & Gas - Refining & Marketing
Headquarters
India
Share classes
RELIANCE.NS
RIGD
ADR
Description
Reliance Industries Limited engages in hydrocarbon exploration and production, oil and chemicals, textile, retail, digital, material and composites, renewables, and financial services businesses worldwide. It operates through Oil to Chemicals, Oil and Gas, Retail, Digital Services, and Others segments. The company produces and markets petroleum products, such as liquefied petroleum gas, propylene, naphtha, gasoline, jet/aviation turbine fuel, kerosene oil, diesel, sulphur, and petroleum coke. It also provides petrochemicals, including high-density and low-density polyethylene (PE), linear low-density PE, polyester fibers and yarns, polypropylene, polyvinyl chloride, purified terephthalic acid, ethylene glycols and oxide, paraxylene, ortho xylene, benzene, linear alkyl benzene and paraffin, poly butadiene rubber, styrene butadiene rubber, butyl rubber, and polyethylene terephthalate. In addition, the company manufactures and markets yarns, fabrics, apparel, and auto furnishings; explores, develops, and produces crude oil and natural gas; and operates various stores comprising neighborhood, supermarket, hypermarket, wholesale cash and carry, specialty, online stores, as well as stores that offer apparel, beauty and cosmetics, accessories, footwear, consumer electronics, connectivity products, and others. Further, the company provides range of digital television, gaming, broadband, and telecommunication services under the Jio brand name; and non-banking financial and insurance broking services. Additionally, it operates news and entertainment platforms, and Network18 and television channels; publishes magazines; and offers highway hospitality and fleet management services. The company was founded in 1957 and is based in Mumbai, India.
Material causes
Ethos considers the following causes material for Reliance Industries, based on its industry sub-industry Oil & Gas Refining & Marketing. Learn more about material causes in our methodology overview.

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This information may not be used for corporate financing purposes (including, without limitation, ESG-linked loans, credit facilities, securities or structured products), as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services, to verify or correct data in any other compilation of data or index, to create any derivative works, nor to create any other data or index (custom or otherwise), without Ethos' prior written permission.

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