ESG rating assigned by GlobeTrend Climate Impact
The bank has informed the exchanges that GlobeTrend Climate Impact Pvt. Ltd. has assigned it an ESG rating.
By ScoutQuest · · 2 min read
- Rating Agency
- GlobeTrend Climate Impact Pvt. Ltd.
- Report Date
- 08 October 2026
- Rating Period / Boundary
- 2025-26; standalone; public sector bank
Bank of Maharashtra has informed BSE and NSE that GlobeTrend Climate Impact Pvt. Ltd. has assigned it an Environmental, Social and Governance (ESG) rating, through the agency's report dated 08 October 2026. The bank's letter to the exchanges is dated 19 October 2026, and the enclosed assessment report is prepared by GlobeTrend Climate Impact Pvt. Ltd.
What an ESG rating is
- An ESG rating is an outside agency's assessment of how a company manages environmental, social and governance matters.
- It is different from a credit rating, which looks at a borrower's ability to repay its debt.
- Investors who screen companies on sustainability factors use such ratings as one of their inputs.
Key details of the rating exercise
- Rating agency: GlobeTrend Climate Impact Pvt. Ltd.
- Date of assessment: 29-06-2026
- Latest review date: 08-10-2026
- Rating period: 2025-26
- Type of rating: ESG Rating
- SEBI industry classification: Public Sector Bank
- Reporting boundary: Standalone
- Year of incorporation of the bank: 1935
How the report is organised
- The assessment is built around three pillars, Environment, Social and Governance, each with its own rating rationale and key factor-wise scoring.
- It places the bank's performance against its peers and against industry averages for each of the three pillars.
- It includes a SWOT analysis based on peer comparison and a set of recommendations, split into major and minor contributors.
- It also lists data points the agency suggests tracking for future assessments.
What this means for a retail investor
- The announcement is an intimation that an ESG rating has been assigned; by itself it does not alter the bank's business, earnings, capital or lending operations.
- An ESG rating is one more external view of the bank's practices, alongside financial results and credit ratings that investors normally track.
- The letter states that the intimation will also be hosted on the bank's website.
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More numbers
- Rating period covered by the ESG assessment2025-26
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