NSE sustainability ratings & analytics ltd launches ESG ratings for listed companies (UPDATED)

NSE Sustainability Ratings and Analytics Ltd announces the launch of its ESG ratings for listed companies, marking a significant milestone in advancing sustainable business practices in India. NSE Sustainability focuses on assessing Environmental, Social, and Governance (ESG) performance, providing stakeholders with vital information to make informed decisions. NSE Sustainability received its certificate of registration from the Securities and Exchange Board of India (SEBI) to operate as a Category I ESG Rating Provider (ERP). As a wholly owned subsidiary of NSE Indices Limited which in turn is a wholly owned subsidiary of National Stock Exchange of India Limited (NSE), NSE Sustainability embodies the principles of transparency and actionable insights. Ashishkumar Chauhan, MD and CEO, NSE, said“NSE Sustainability’s mission is to provide stakeholders including investors, businesses, regulators and the public with accurate, comprehensive and unbiased evaluations of corporate sustainability practices.” The ESG ratings are derived from a thorough evaluation of company practices, policies, and disclosures across relevant sectors and industries. NSE Sustainability employs a transparent, data-driven, and materiality-based ESG ratings methodology aligned with both national and international standards and best practices. By integrating a wide array of parameters, NSE Sustainability ensures its ESG ratings reflect a balanced and objective perspective, free from biases related to size, scale, or industry.  Aniruddha Chatterjee, CEO, NSE Indices, said “The launch of ESG ratings by NSE Sustainability Ratings and Analytics Ltd underscores our commitment to innovation in sustainable finance and we believe that our ESG ratings, data and analytics will set a benchmark in advancing ESG practices across industries.” For additional details on NSE Sustainability and its ESG ratings, please visit https://www.nse-esgrating.com or you may reach out on esgratings@nse.co.in. NSE Sustainability Ratings and Analytics Limited, a subsidiary of NSE Indices Ltd, assesses the Environmental, Social and Governance performance of companies to provide ESG ratings and related products to stakeholders for making informed decisions. The comprehensive assessment involves conducting thorough evaluation of corporate sustainability practices, policies and disclosures across relevant sectors and industries. It offers a detailed ESG rating scorecard highlighting the strengths and areas for improvement for all the evaluated entities by NSE Sustainability. NSE Sustainability’s model delivers a thorough and unbiased evaluation of a company's ESG performance. In addition to ESG ratings services, NSE Sustainability will be actively involved in a range of associated ESG-related activities including but not limited to scoring products, and research activities incidental to ESG ratings, for domestic and international dissemination.

 

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