June 29

As Impact Investing Gains Pace, Crisil Launches ESG Scores of Companies

By Nasrin Sultana

As impact investing gains pace, rating agency Crisil Ltd has launched its environmental, social and governance (ESG) scores for 225 companies across 18 sectors in India.

Based on information available in public domain, including from third-party providers, the ESG score factors in the track record of, and trends and disclosure standards followed by, the 225 companies to provide a relative, pan-sectoral assessment on all material ESG parameters relevant in the Indian context, Crisil said.

The analysis shows companies with the highest ESG score within a sector outperform the sector average by nearly 9 points because of significantly better performance on three fronts – environmental parameters, overall disclosures, and sustainability practices.

Photo courtesy of geralt.

Source: Live Mint (link opens in a new window)

Impact Assessment, Investing
ESG, governance, impact investing