ESGRisk.ai

ESGRisk.ai in News

July 08, 2022

Companies are spending a lot on the environment to mitigate climate risks. The top performers have scores in the range of 76-92 per cent, according to a study by ESG rating agency ESGRisk.ai

esg news sebi mandatory sustainability reporting

May 19, 2022

“Sustainability”: The overarching goal of all global, local and commercial organizations since the 2010s seems primarily ambitious in the financial sector. An extensive study assessing NSE 600 companies in FY 2020-21, done recently underscores BFSI as one of the sectors experiencing the highest ESG risks. (study by esgrisk.ai)

May 16, 2022

The integration of new areas like ESG reporting, board and management compensation, initiatives towards waste management, etc have contributed considerably in BRSR becoming more aligned to global frameworks, said Sankar Chakraborti, Chairman, ESG Risk AI and Group CEO, Acuité ratings. India stands at 120 on the world’s Sustainable Development Goals (SDG) index.

According to a study, with the introduction of BRSR, the performance and disclosure standards of India Inc is expected to improve going ahead.

esg news sebis brsr norm

May 15, 2022

In conversation with Sheetal Agarwal of IIFL, Sankar Chakraborti, Chairman ESGrisk.ai & Group CEO Acuité talks about the findings from their deep dive into the ESG practices of Indian PSU companies.

esg news sankar chakraborti

April 25, 2022

Sankar Chakraborti, Chairman, ESGRisk.ai & Group CEO, Acuite, said that “several of the controversies are predominantly with respect to business ethics and stem from violations of insider trading rules, money laundering and non-compliance with SEBI LODR guidelines. BSFI sector is at the heart of ESG integration, the industry should set up policies, undertake initiatives and curate training programs apart from just following the regulations”.

April 25, 2022

Are PSUs joining race for net zero?

Divestment in public sector undertakings (PSUs) is a conscious decision by the government to generate revenues, maximise value creation, and make theses enterprises more efficient. Its a step towards reform, but investors aren’t moved… 

esg news are psus joining

April 19, 2022

Banking and financial services is among the top industries that have experienced the most controversies surrounding environmental, social, and governance (ESG) risks, according to research by ESGRisk.ai.

esg news bfsi sectors

April 18, 2022

A reduction of 50-100 basis points in comparison to similar tenure vanilla g-secs may be necessary for the government to consider raising funds through this platform, said Mr. Sankar Chakraborti, Chairman, ESGRisk.ai & Group CEO, Acuité.

esg news sovereign green bonds

March 28, 2022

Challenges, strategies and way forward: ESG experts’ advice for banks

Large Indian banks have started incorporating ESG approaches for their operations, and the push for a sustainable economy will come from them, experts said, adding that an investment and lending framework will mitigate risks and leverage on market opportunities.

Mar 07, 2022

Sankar Chakraborti, group chief executive officer of Acuité Rating and Research and Chairman at ESGRisk.ai believes that if comprehensive public disclosures and data are made available, investors will be able to interpret this data effectively, develop benchmarks, and objectively assess performance with the help of ESG ratings.

esg news greenwashing

Feb 16, 2022

Based on ESGRisk.ai’s data of Nifty 500 companies listed data, India has an average of 22 percent female in workplaces in global comparison. India ranks third globally at 39 percent in female diversity in senior management roles as against the global average of 31 percent.

esg news unlocking innovation

Feb 10, 2022

It is easy for Scandinavian or Norwegian companies to say they will not use coal given their demographics, but it’s difficult to practice such a position in India, if not impossible,” Sankar Chakraborti, group CEO at Acuite Ratings and Research and chairman at ESG rating provider ESGRisk.ai said in an interview.

esg news implementing sebi esg

Feb 10, 2022

“It is easy for Scandinavian or Norwegian companies to say they will not use coal given their demographics, but it’s difficult to practice such a position in India, if not impossible,” Sankar Chakraborti, group CEO at Acuite Ratings and Research and chairman at ESG rating provider ESGRisk.ai said in an interview.

Jan 25, 2022

“It is easy for Scandinavian or Norwegian companies to say they will not use coal given their demographics, but it’s difficult to practice such a position in India, if not impossible,” Sankar Chakraborti, group CEO at Acuite Ratings and Research and chairman at ESG rating provider ESGRisk.ai said in an interview.

esg news esg rating sebi proposes

Jan 24, 2022

The Securities and Exchange Board of India (Sebi) has started work on having standardized norms for companies on the environment, social and governance factors, a move to guide investors take better investment decisions.

esg news sebi looks to evolve

Jan 22, 2022

The ESG leader in Data Privacy & Security Vakrangee Limited has crosses the mark of Rs. 12,550.85. The company has announced a 74.58 per cent year-on-year rise in the consolidated profit at 29.33 crore for the quarter ended December 31, 2021, due to process automation & technology initiatives.

esg news vakarangee q3fy22

Jan 07, 2022

Mr. Sankar Chakraborti de-myths the ESG rating in details and highliights on how ESG rating is not a tool for activism or marketing.

esg news esg models

Nov 22, 2021

Several PSUs are taking steps to shift their business portfolios towards long-term sustainability, said by Nasrin Sultana. India’s state-run companies continue to lag behind their private peers in environmental, social and governance (ESG) scores, a key criterion for fund allocation by global investors.

esg news psus lag

Nov 16, 2021

As the globe battles climate change and its adverse effect on the sustainability of life and business on the planet, investors and lenders now also want to know a company’s performance on environmental, social and governance (ESG) factors besides financial ratings. Last year Acuite Ratings & Research launched ESGRisk.ai to provide ESG ratings to India’s top listed companies.

Sankar Chakraborti chairman, ESGRisk.ai & group CEO, Acuité Ratings & Research tells Krishna Kant from Business Standard why ESG scores matter to investors.

esg news esg score are linked

Nov 04, 2021

Mr. Sankar Chakraborti writes about how ESG-Risk management and brand identity are closely interlinked, highlights on case study like Foxconn & Satyam.

esg news esg risk mgmt

Oct 13, 2021

“ESG does not remain in books anymore but is a reality now with global investors offering incentives to complaint borrowers”, said Sankar Chakraborti, CEO at Acuite ESG Ratings and he continued “Indian companies have woken up to the reality, particularly during the pandemic period. ESG rewards investors and the theme will gain more traction.”

esg news top 50 esg investments

Oct 07, 2021

ESG Risk AI has recognized efforts on Vakrangee’s Data Privacy & Security, they leads the category among 500 listed companies. Vakrangee has a robust Data security program which has been designed and implemented, throughout the organization

esg news vakarangee receives award

Oct 07, 2021

Speaking at the ESG India Leadership Award,SBI Chairman Mr. Dinesh Khara said, “Unless banks are able to provide adequate credit to green projects and measure risk in their portfolio, the bank’s depositors and shareholders will continue to carry ESG (environmental, social and governance) risk that can erode returns.”

esg news banking sector needs

Oct 07, 2021

The ESG rating agency reviewed top 500 listed companies across 55 industries. Among 500 listed companies Infosys has best environmental social and governance (ESG) practises while Axis Bank has better transparency in disclosures and reporting standards among Indian companies. Click to read more about the snipet

esg news infosys

Oct 07, 2021

“A formal definition of green finance in India would enable more precise tracking of finance flows to the green sectors, which in turn would help design effective policy regulations and institutional mechanisms directed towards increasing both public and private investment in green sectors” Mr. Dinesh Khara, SBI Chairman said.

esg news 07.10 newmedia

Oct 07, 2021

“India is taking its rightful place on the world stage and as a global leader, we have to lead not only on growth indicators but also sustainability indicators,” said Dinesh Khara, the chairman at State Bank of India. while speaking at ESG India Leadership Awards presented by esgrisk.ai.

esg news 07.10

Sept 08, 2021

ESGRisk.ai, India’s first ESG rating agency, is pleased to announce the first edition of ‘ESG India Leadership Awards’.

The awards aim to recognise sustainable Indian companies and celebrate their achievements in ESG.

Sept 08, 2021

ESGRisk.ai, India’s first ESG rating agency and an Acuite goup company , has felicitated companies that have achieved excellence in the sustainability space.

ESG India Leadership Awards ‘ ceremony, was held virtually today after months of meticulous screening processes to select the winners from India’s top 500 listed companies across 55 industries.

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August 30, 2021

Environment, Social and Governance Rating: ESGRisk.ai aims to expand coverage by 500 more listed cos before fiscal end

ESGRisk.ai, the country’s first ESG Rating company, plans to bring by March 2022 another 500 listed companies under its rating universe for Environment, Social and Governance (ESG) assessment, Sankar Chakraborti, CEO, Acuite Group, has said.

Its ESG Rating service, which was launched in June this year, already covers top 500 listed companies, Chakraborti told BusinessLine. Going forward, next fiscal the company will look to do ESG rating of 2,000 overseas companies and thereby become a global service provider.

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July, 2021

Looking for the Best ESG Rating Method? Good luck with that.

The spurt in data providers for such ratings stems from the fact that funding for companies is being increasingly tied to explicit ESG goals. Over $40 trillion has been pumped in globally in ESG-focused investments, according to ESG Risk Assessments & Insights Ltd. in India.

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July 2021

Interview of Mr. Sankar Chakraborti, Chairman, ESGRisk.ai published in ‘Dun & Bradstreet – India’s Top 500 companies 2021’

Mr. Sankar Chakraborti, Chairman- ESGRisk.ai and CEO- Acuité Group shares his views in an exclusive interview published in ‘Dun & Bradstreet – India’s Top 500 Companies 2021’. He speaks on how better ESG compliance can affect India Inc. positively in the long run, the use of technology to drive ESG, the status of ESG compliance in India, and ESGRisk.ai’s assessment and rating services.

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13 June 2021

Disclosure norms for ESG funds, a step forward

Mr. S S Mundra, Non-executive Chairman of Acuité Ratings & Research Limited and Former Deputy Governor of RBI writes in The Hindu Business Line on how SEBI’s disclosure norm, the Business Responsibility and Sustainability Report, will create quantifiable social governance data.

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12 June 2021

Acuité Group launches firm to provide ESG Ratings

Acuité Group has launched ESG Risk Assessments & Insights in order to assess a company’s ESG performance and assign a rating. ESGRisk.ai will provide ESG ratings of the top 1000 Indian listed companies, by evaluating their performance on Environment, Social and Governance parameters as well as their reporting transparency. Its assessment approach includes identification of relevant risks, estimation of materiality and polarity of the risks, and evaluation of risk management framework.

firm esgrisk

3 June 2021

Interview of  Sankar Chakraborty, Chairman, ESGRisk.ai | IIFL

Sankar Chakraborti, Chairman of ESGRisk.ai and CEO Acuité Group share his views in an exclusive interview with IIFL. In this interview, he speaks on the need for standardization and development of models in ESG Rating, implications of BRSR guidelines on the corporate sector and ESGRisk.ai’s rating model.

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26 May 2021

ESGRisk.ai unveils ESG Rating Methodology

ESGRisk.ai – an Acuité Group Company, has unveiled its ESG rating methodology and made it available to all stakeholders creating transparency in the ESG assessment process. The methodology will enable the key stakeholders including corporates, asset owners, asset managers, retail investors and banks to understand the evaluation and scoring process of ESG risk.

14 May 2021

ESG funds: The irresistible combination of ‘do good’ and ‘do well’

Mr. S S Mundra, Non-executive Chairman of Acuité Ratings & Research Limited and Former Deputy Governor of RBI writes in today’s Mint on how ESG investment is becoming mainstream for investors and businesses

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13 Apr 2021

Acuité sets up India’s first ESG rating company

Acuité Ratings is setting up a dedicated rating company for ESG (Environment, Social and Governance) opportunities. Christened as ESGRisk.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.

12 Jan 2021

Acuité launches India’s first ESG rating company

Acuité Group has launched ESG Risk Assessments & Insights in order to assess a company’s ESG performance and assign a rating. ESGRisk.ai will provide ESG ratings of the top 1000 Indian listed companies, by evaluating their performance on ESG parameters as well as their reporting transparency. Its assessment approach includes identification of relevant risks, estimation of materiality and polarity of the risks, and evaluation of risk management framework.