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Bangalore Electricity Supply Company

Bangalore Electricity Supply Company (BESCOM) is a government-owned entity responsible for power distribution in eight districts of Karnataka, India. The company's network covers an area of 41,092 square kilometres with a population of over 20.7 million people. BESCOM was formed in 2002 following the separation of the Karnataka Power Transmission Corporation Limited (KPTCL) into separate transmission and distribution businesses.

Summary

BESCOM discloses information on certain topics related to urban sustainability but lacks reporting in many important areas. The company discloses its partnerships with local governments, including a partnership with the Indian state of Karnataka to promote the use of electric vehicles in cities. BESCOM has assigned oversight and decision-making accountability for sustainability issues to its board of directors, and set up a committee to monitor and implement corporate social responsibility (CSR) projects. However, the company currently lacks public disclosure on many key topics, including air pollution, greenhouse gas emissions, human rights and the affordability of its services.

As a government-owned enterprise, the company has the potential to lead by example in sustainability reporting and performance. To harness this potential, BESCOM is recommended to disclose its materiality assessment for identifying its most significant sustainability risks and opportunities, as well as its strategy to integrate these into its overall business strategy. Furthermore, BESCOM should develop policy commitments to respect human rights, and should establish measurable, time-bound and, where possible, science-based targets to reduce its negative impacts.

Ranking position: #186 /300
Total score: 4.7 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 12.5 /100	#89
Inclusive Cities	#1 6.7 /100	#195
Healthy Cities	#1 4.2 /100	#138
Climate Proof & Resilient Cities	#1 0.0 /100	#170
Core Social Indicators	#1 0.0 /100	#195

Industries
Energy distribution	#35

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More about the company

Headquarters: India
Ownership structure: Government
Revenue: -
Number of employees: -
Website: https://bescom.karnataka.gov.in/english

This company is part of the SDG2000, the 2000 most influential companies

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