Air conditioning and commercial refrigeration company, Blue Star Limited, announced that the Company has won the coveted ‘Golden Peacock Award for Corporate Ethics’ for the year 2019. Notably, Blue Star had just recently also won the prestigious ‘Golden Peacock Award for Excellence in Corporate Governance’ for the year 2019.
Blue Star was declared winner from amongst 121 nominations received after a stringent three-tier assessment process by the Grand Awards Jury under the Chairmanship of Justice Arijit Pasayat, former Judge, Supreme Court of India.
On behalf of Blue Star, Neeraj Basur, Group Chief Financial Officer, Blue Star Limited, accepted the award at a felicitation ceremony held in Singapore on January 16, 2020, in the presence of business and industry leaders during IOD, India’s ‘2020 Singapore Global Convention on Board Leadership & Risk Management’ and ‘Global Business Meet.’
Vir S Advani, Vice Chairman & Managing Director, Blue Star Limited, adds, “I am glad that with this win we have had a hat-trick of award wins to our credit on the corporate governance and ethics front this year. Ethical behavior is fundamental to our conduct and has been ingrained into our DNA since inception.”