Acuité sets up India's first ESG rating company

economictimes.indiatimes.com
3 min read
fairly difficult
Christened as ESG Risk AI, it is supposed to be Indias first ESG rating company. It will cover a companys ESG performance across three categories.
MUMBAI: Acuite Ratings , a company backed by Dun and Bradstreet , is setting up a dedicated rating company for ESG (Environment, Social and Governance) opportunities, with more Indian companies seeking to tap into increasing global appetite for projects with a pronounced accent on sustainability.Christened as ESG Risk AI, it is supposed to be India's first ESG rating company. It will cover a company's ESG performance across three categories, 25 themes and 38 key issues. Such analysis is aimed at deriving a score that will be based on multiple data points.Better the score, the lower is the funding cost for any company opting for such rating."Collectively, all three Environmental, Social and Governance practices are gaining the centre stage for India to observe a holistic growth," said Sankar Chakraborti, Chairman, ESG…
Saikat Das
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