CRISIL ESG Ratings & Analytics assigns ESG rating of "CRISIL ESG 57"
CRISIL ESG Ratings & Analytics Ltd has assigned NLC India an Environmental, Social and Governance (ESG) rating of "CRISIL ESG 57".
By ScoutQuest · · 1 min read
- ESG Rating Assigned
- CRISIL ESG 57
- Rating Agency
- CRISIL ESG Ratings & Analytics Ltd
- Update Reference
- intimation under Regulation 30 and 51
The update in one line
CRISIL ESG Ratings & Analytics Ltd has assigned NLC India an Environmental, Social and Governance (ESG) rating of CRISIL ESG 57.
What the intimation says
- The rating agency is CRISIL ESG Ratings & Analytics Ltd.
- The rating assigned to the company is CRISIL ESG 57.
- The rating was assigned independently by the agency, based on data available in the public domain.
- The company has not engaged CRISIL ESG Ratings & Analytics Ltd for ESG ratings.
- The disclosure was made under Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
What an ESG rating is
An ESG rating is an outside view of how a company handles environmental matters (such as emissions and resource use), social matters (such as employees, safety and the community) and governance matters (such as board structure and disclosure practices). Investors who follow responsible-investment mandates often use such ratings when screening companies.
Points to keep in mind
- The rating is the rating agency's assessment; it is not an audited financial result.
- The company has said the exercise was not commissioned by it, so the assessment rests on data available in the public domain.
- The update records the rating itself; for the detailed scorecard, investors would look to the rating agency's published material.
How to read this
This is an information update about an independent assessment of the company's ESG profile. It is a disclosure item rather than a business development such as a new project, order or financing. It can be read as one input on the company's ESG profile, alongside its operational and financial disclosures.
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More numbers
- ESG rating assigned by CRISIL ESG Ratings & Analytics LtdCRISIL ESG 57
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