Cochin Shipyard Limited has informed the Exchange about 'Disclosure under Regulation 30 of SEBI LODR Regulations ESG Rating'.
COCHINSHIP · price
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Awaiting price reaction for this filing.
Cochin Shipyard Limited has disclosed that SES ESG Research Pvt. Ltd has assigned it an ESG Score of 60.3, which corresponds to a Grade B rating. The rating evaluates the company's performance on Environmental, Social, and Governance parameters. Importantly, the company clarified that it did not engage SES ESG for this rating — the agency prepared the assessment independently using publicly available data. The disclosure was made to comply with SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations.
An ESG score of 60.3 (Grade B) is a moderate-to-good rating, which may appeal to ESG-focused institutional investors and funds that screen companies on sustainability criteria. However, since the rating was unsolicited and based only on public data, it carries limited new information for existing shareholders and is unlikely to drive meaningful stock price movement.