ESG Rating of 75 assigned by NSE Sustainability; company says it did not engage the agency
NSE Sustainability Ratings & Analytics Ltd has assigned an ESG Rating of “75” to the company.
By ScoutQuest · · 1 min read
- ESG Rating Assigned
- 75
- Rating Agency
- NSE Sustainability Ratings & Analytics Ltd
- Company Engagement
- did not engage the agency; the report was prepared independently on publicly available data
What the disclosure says
- NSE Sustainability Ratings & Analytics Ltd has assigned an ESG Rating of 75 to the company.
- The company states it has not engaged NSE Sustainability for this rating.
- The report was independently prepared by NSE Sustainability based on the company's data available in the public domain.
- The rating is available on the websites of BSE Limited and the National Stock Exchange of India Limited.
What an ESG rating is
An ESG rating is a score given by an outside agency on how a company fares on environmental, social and governance matters. Here the score is a single number, 75, on the rating agency's own scale. The score is put out by the agency, not commissioned by the company.
How a reader can look at it
- This is an information update about a third-party rating. It is not a financial result, a fund-raising plan, an order win or a project milestone.
- Because the agency worked from publicly available data rather than data submitted by the company, the score reflects how the company appears from public disclosures.
- ESG scores are one input among many. They are revised by rating agencies from time to time, and each agency uses its own scale and method.
What to note
- The disclosure gives the rating value as 75 and nothing else by way of a scale, band or comparison, so the number is best read together with the agency's own published methodology.
Bottom line
The update records an ESG Rating of 75 assigned to the company by NSE Sustainability Ratings & Analytics Ltd, received by the company and shared with the exchanges.
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More numbers
- ESG Rating assigned by NSE Sustainability“75”
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