CRISIL voluntarily assigns an overall ESG rating of 64 in category Strong
CRISIL ESG Ratings & Analytics Limited has voluntarily assigned the company an overall ESG Rating of "64".
By ScoutQuest · · 1 min read
- ESG Rating
- 64
- Rating Category
- Strong
- Rating Agency
- CRISIL ESG Ratings & Analytics Limited
What the company told the exchanges
- CRISIL ESG Ratings & Analytics Limited has voluntarily assigned the company an overall ESG Rating of "64".
- The rating is placed in the "Strong" category.
- The rating is based on data available in the public domain.
- The company shared this with BSE (BSE Code: 513262) and NSE (NSE Code: SSWL) through an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
What an ESG rating is
An ESG rating is an assessment of how a company is seen to perform on environmental, social and governance matters. Rating agencies build these assessments from publicly available information such as company disclosures, stated policies and reported data.
What the numbers say
The update records an overall ESG Rating of 64 and puts it in the "Strong" category. These are the two details the update gives, and it describes the assignment as voluntary.
Why a reader may find it useful
- Some investors and index providers use ESG scores as one input alongside financial and business factors.
- The score and category are a third-party agency's view of the company on non-financial parameters, based on public data.
- This is an update on a rating, and it is not a financial result, an order or a business contract.
What to keep in mind
ESG scores are not standardised across agencies, so a score from one agency need not match another's. The update itself does not give a breakup of the score into separate environment, social and governance components.
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More numbers
- Overall ESG Rating assigned64
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