Apollo Tyres Limited has informed the Exchange about ESG Rating
APOLLOTYRE · price
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Awaiting price reaction for this filing.
Apollo Tyres has disclosed that ESG Risk Assessments & Insights Limited has voluntarily assigned the company an ESG rating of '68'. The intimation was made to the stock exchanges under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30). The company has also published this information on its official website. This is an environmental, social, and governance (ESG) risk assessment rating, which reflects how the company is evaluated on sustainability and corporate governance practices.
An ESG rating of 68 is a moderate-to-good score and may appeal to ESG-focused institutional investors and global funds that screen companies on sustainability criteria. However, this rating is unlikely to have an immediate material impact on the stock price as it does not affect business operations or financials.