ESG rating of 70 with 'Aspiring' category assigned by NSE Sustainability Ratings and Analytics
HUDCO has been assigned an ESG rating by NSE Sustainability Ratings and Analytics Ltd.
By ScoutQuest · · 2 min read
- ESG Rating/Score
- 70
- Category/Grade
- Aspiring
- ESG Rating Provider
- NSE Sustainability Ratings and Analytics Ltd
What an ESG rating is
ESG stands for Environmental, Social and Governance. An ESG rating is an outside assessment of how a company handles these three areas — for example environmental practices, social and employee-related matters, and governance and disclosure standards. It is not the same as a credit rating, which looks at a borrower's ability to repay its debt.
What the company has disclosed
- Name of ESG Rating Provider (ERP): NSE Sustainability Ratings and Analytics Ltd
- ESG Rating/Score: 70
- Category/Grade: Aspiring
- The company states that it has not engaged the rating provider named above, and that the rating has been assigned based on information available in the public domain.
Why the 'not engaged' line matters
- A rating can be given either after a company participates in the exercise, or it can be put together by the rating provider from publicly available information on its own.
- The update states this one falls in the second situation: the rating provider was not engaged by the company.
- The score of 70 and the grade of Aspiring are the labels given by the rating provider, as printed in the disclosure.
What this does and does not tell an investor
- This is an information disclosure. The update does not link the ESG rating to any change in the company's business, borrowings or financials.
- ESG scores are used by some investors and lenders as one of several inputs when they look at a company. Each rating provider uses its own method and its own scale, and grades are not directly comparable across providers.
- The disclosure does not set out the parameters behind the 70 score or the Aspiring grade, or a comparison with any previous rating.
How a novice can read it
- Treat it as a data point about how the company is seen by one external agency on environment, social and governance matters.
- Note that the company itself did not commission this rating, which the update states clearly.
- For any investment decision, other disclosures from the company — results, orders, borrowings and other updates — continue to be the main source of information.
The disclosure itself
- Headed as a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on the subject of an ESG rating.
- Signed by Vikas Goyal, Company Secretary and Compliance Officer, on behalf of Housing and Urban Development Corporation Limited.
Also from Housing & Urban Development Corporation
Board notes exchange fines for June-quarter board, committee and quorum lapses; seeks waiver
22 Oct 2026
Moody's affirms HUDCO's Baa3 issuer rating with Stable outlook
16 Oct 2026
H1 FY27 Business Update: Loan Sanctions Rs. 1,04,592 Crore, Disbursements Rs. 35,371 Crore
30 Sep 2026
More numbers
- ESG Rating/Score assigned70
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