Crisil assigns ESG rating of 63 with category 'Strong'
Crisil ESG Ratings & Analytics Limited, a SEBI registered ESG Rating Provider, has assigned the company an ESG rating of 63, with a category of Strong.
- ESG Rating
- 63
- Rating Category
- Strong
- Rating Provider
- Crisil ESG Ratings & Analytics Limited, a SEBI registered ESG Rating Provider
ESG rating assigned
- Crisil ESG Ratings & Analytics Limited has assigned the company an ESG rating of 63, with a corresponding category of Strong.
- Crisil is a SEBI registered ESG Rating Provider, and the rating reflects the company's performance on Environmental, Social and Governance parameters as assessed by the rating agency.
Who did the rating, and on what basis
- The company has stated that it has not engaged Crisil for seeking this ESG rating.
- Crisil prepared the report independently, based on data available in the public domain. So this is not a rating the company commissioned.
- The rating as published by Crisil is available on Crisil's ESG ratings page, and the intimation is also available on the company's investor website.
What an ESG rating is, in simple terms
An ESG rating scores a company on how it handles
- Environmental matters such as emissions, energy use and waste
- Social matters such as employees, safety and community
- Governance matters such as board structure, disclosures and ethics
A higher score generally points to stronger practices on these parameters as seen by the rating agency. The rating is an external assessment, not an audited financial figure.
What investors can take from this
- The communication gives the score (63) and the category (Strong) assigned by Crisil.
- The meaning of that score and category follows Crisil's own scale and methodology.
- The intimation is an update on the company's ESG standing as assessed by an outside agency, and does not change any financial figure of the company.
More numbers
- ESG rating assigned by Crisil63
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