JINDAL STEEL LIMITED has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ESG Rating Update
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Jindal Steel Limited disclosed an update to its ESG score under SEBI's Regulation 30 listing rules. ESG Risk Assessments & Insights Limited (ESG Risk.ai), a SEBI-registered ESG rating provider, revised the company's ESG score upward from 50 to 51, a modest 1-point improvement. The company clarified that it did not engage or commission ESG Risk.ai for this rating — the assessment was prepared independently by the provider using publicly available information. The disclosure is being made purely for regulatory transparency and record-keeping, as required under SEBI norms.
A 1-point rise in ESG score is marginal and is unlikely to move the stock or alter investor perception meaningfully. The filing mainly signals the company's commitment to transparency by disclosing even an unsolicited, third-party ESG rating rather than ignoring it.