Crisil assigns ESG rating of Crisil ESG 61 (Strong) and Core ESG 67 (Strong)
Crisil ESG Ratings & Analytics Ltd has assigned an ESG Rating of “Crisil ESG 61 (Strong)” and a Core ESG Rating of “Crisil Core ESG 67 (Strong)” to the company.
- ESG Rating Assigned
- Crisil ESG 61 (Strong)
- Core ESG Rating Assigned
- Crisil Core ESG 67 (Strong)
- Rating Agency
- Crisil ESG Ratings & Analytics Ltd
ESG rating assigned
Crisil ESG Ratings & Analytics Limited has assigned an ESG Rating of Crisil ESG 61 (Strong) and a Core ESG Rating of Crisil Core ESG 67 (Strong) to the company.
The company has communicated this to the stock exchanges.
Who gave the rating and how
- The rating agency is Crisil ESG Ratings & Analytics Limited, referred to in the update as Crisil ESG Ratings.
- The company states that it has not engaged Crisil ESG Ratings for this ESG Rating.
- The rating has been independently determined by Crisil ESG Ratings based on publicly available information pertaining to the company.
- The update describes the assignment as voluntary.
What an ESG rating means
ESG stands for Environmental, Social and Governance. An ESG rating is a third-party assessment of how a company performs on these three areas. It is separate from credit ratings, which look at a company's ability to repay debt, and separate from financial results.
A higher score generally indicates stronger practices and disclosure on environment, social and governance matters. The word Strong printed alongside the scores is the agency's own descriptor for the score band.
The two scores in this update
- Crisil ESG 61 is the overall ESG rating assigned to the company, described in the update as Strong.
- Crisil Core ESG 67 is the Core ESG Rating assigned to the company, also described in the update as Strong.
How a retail investor might read this
- This is an information update. It shares the outcome of an external ESG assessment of the company.
- Because the company says it did not commission the rating, this is not a paid engagement it has announced. The agency arrived at the scores on its own, using information already available publicly.
- ESG scores are one input among many. They speak to environmental, social and governance practices, not to earnings, order books or balance sheet strength.
- The update shares the rating outcome and points to where the rating is published. It does not contain any financial numbers.
In short
The company has told the exchanges that Crisil ESG Ratings & Analytics Limited has assigned it an ESG Rating of Crisil ESG 61 (Strong) and a Core ESG Rating of Crisil Core ESG 67 (Strong), determined independently by the agency from publicly available information.
More numbers
- ESG Rating assigned by Crisil ESG RatingsCrisil ESG 61 (Strong)
- Core ESG Rating assigned by Crisil ESG RatingsCrisil Core ESG 67 (Strong)
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