Reliance Industries
Conglomerate
India's largest public company, with business interests in energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles.

Overall

Owned IND
Rating F
About the Ratings
Reliance Industries Ltd
IND

Company Assessment

(Last updated Jan 2026)
Reliance Industries Ltd
Criticism
Single-use plastic waste producer
This company is the world's 8th largest producer of single-use plastic waste, with a Circularity Score of D-, according to Minderoo Foundation's 2023 Plastic Waste Makers Index. In 2019, just 20 polymer producers accounted for more than half of all single-use plastic waste generated globally, and the top 100 accounted for 90 per cent. Plastic pollution is one of the biggest, most urgent threats facing our planet and our health.
6% in Social Benchmark
The 2026 Social Benchmark assessed the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company received a score of 6/100. The average score was 20 and the highest score was 75.
13.7% in Oil and Gas Benchmark
The 2023 Oil and Gas Benchmark ranks 100 oil and gas companies on their climate strategy and performance together with social performance. This company ranked #48/100, with a total score of 13.7/100.
High ESG Risk
Sustainalytics, a top ESG research firm, evaluates environmental, social, and governance risks for over 16,000 companies. Its ESG Risk Rating reflects how much risk a company faces in its industry and how well it manages those risks. The final score includes both unmanaged and unmanageable risks, and companies are rated on a scale from negligible (0-10) to severe (40+). This company received an ESG Risk Rating of 39.9, placing it in the "high risk" category (retrieved April 2025).
Information
21% in Gender Benchmark
In 2023 and 2024, the World Benchmarking Alliance assessed 2,000 companies on their efforts to drive gender equality and women's empowerment across their entire value chain. Companies are assessed on governance and strategy, representation, compensation and benefits, health and well-being, and violence and harassment. This company scored 21 out of 100. The average score was 15.3 and the highest score was 51.
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Company Details

Type:
Public company
Founded:
1958
Revenue:
120 billion USD (2024)
Employees:
347,362 (2024)
Subsidiaries:
REC Solar Pte Ltd
Photovoltaic manufacturer
REC make panels in Singapore using silicon produced in Norway. It was originally a Norwegian company. Acquired by Indian conglomerate Reliance Industries in 2021.
Reliance Consumer Products Ltd
Consumer products
The FMCG arm of Reliance Industries, India's largest private company. Acquired Brylcreem and Toni & Guy from Yellow Wood Partners in 2026.
Goodness Group Global Pty Ltd (75% owned)
Beverages
Nexba is an Australian iced tea brand founded in 2012 by two young entrepreneurs Troy Douglas and Drew Bilbe. In 2023 the founders created Goodness Group Global as a parent entity to oversee a portfolio of "better-for-you" brands, with Nexba as its foundational cornerstone. Available in at least 15 countries. Reliance Consumer acquired a majority stake in 2026.

Contact Details

Address:
Mumbai, India
Website:
https://www.ril.com/

Products / Brands

REC
REC Solar Panels
Reliance Consumer
Brylcreem Mens Grooming
Toni & Guy Shampoo
Toni & Guy Hair Styling
Goodness Group (75% owned)
Nexba Iced Tea
Nexba Mixers
Nexba Kombucha
Nexba Soft Drinks
Pace Sports Drinks