Intimation of ESG rating as assigned by NSE Sustainability Ratings and Analytics Limited as per the attachment.
CENTURYPLY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NSE Sustainability Ratings and Analytics Limited has voluntarily assigned Century Plyboards (India) Ltd an ESG score of 60 out of 100, placing it in the 'Adequate' category for FY2025. This is an improvement from the FY2024 score of 55. The Governance pillar performed strongest with a score of 76, while Environment scored 45 and Social scored 63. The company has a Core ESG Rating of 51. The rating was assigned independently by NSRAL based on publicly available information, and the company did not engage NSRAL for this assessment. Key areas flagged include above-average greenhouse gas emissions, high water usage, high waste generation, and higher employee turnover, though several metrics showed year-on-year improvements.
The ESG rating improvement from 55 to 60 is a positive signal for institutional investors and ESG-focused funds, though the 'Adequate' category indicates the company still has room to improve, particularly in environmental metrics. This is unlikely to have a direct short-term impact on the stock price but may influence ESG-index inclusion decisions over time.