KFin Technologies Limited has informed the Exchange about Environmental, Social, and Governance ( ESG ) Rating for the Financial Year 2023-24
KFINTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
KFin Technologies has been assigned an ESG rating of 'Crisil ESG 61' by Crisil ESG Ratings for FY 2023-24, on a scale of 0 to 100 where 100 is the maximum. The rating is considered strong and reflects better-than-peer performance on environmental parameters like Scope 1 and Scope 2 emissions, energy consumption, and hazardous waste, as well as social parameters such as gender diversity, attrition rate, and employee training. Governance was supported by a 10-member Board with split Chairman and MD roles, independent audit, risk management, and nomination and remuneration committees, along with zero investor complaints.
A strong ESG rating can enhance the company's appeal to ESG-focused institutional investors and may support its reputation as a well-governed entity, though it is unlikely to have an immediate direct impact on the stock price.