ESG rating provider assigns a rating of '79' to the company, exchanges intimated
CFC Finlease Private Limited, a SEBI-registered ESG rating provider, has assigned a rating of '79' to the company.
The company has informed the exchanges that an ESG rating of 79 has been assigned to it.
What was intimated
- CFC Finlease Private Limited, a company registered with SEBI as an ESG rating provider, has assigned a rating of 79 to the company.
- The intimation was sent to BSE (Scrip Code 542772) and NSE (Symbol 360ONE).
What an ESG rating is
An ESG rating is an independent assessment of a company's performance on environmental, social and governance matters. Rating providers study company disclosures and other available information, and summarise their view in a score.
How to read the score
The rating assigned to the company is 79. Such scores are read on the scale and methodology defined by the rating provider that issues them.
What kind of announcement this is
- It is an information update about a third-party rating, rather than a corporate action like a fundraise, an order win or a dividend.
- ESG scores are one of the inputs some institutional and index investors look at while evaluating a company, so the announcement adds a third-party view on the company's ESG profile.
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More numbers
- ESG rating assigned to the company‘79’
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