'It is to inform that M/s Care ESG Ratings Limited has assigned ESG rating to the Life Insurance Corporation of India'.
LICI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Life Insurance Corporation of India (LICI) has received its first ESG (Environmental, Social, and Governance) rating from Care ESG Ratings Limited. The rating score is 74.0 with a rating symbol of CareEdge-ESG 1. This disclosure is made under SEBI Listing Regulations, specifically Regulation 30. The company has made the rating rationale available on its website. The ESG rating indicates the company's performance on sustainability and governance practices, which is increasingly important for investors focused on responsible investing.
Positive for shareholders as a good ESG rating can attract ESG-focused institutional investors and improve the company's reputation in sustainable finance. However, this is an informational disclosure without immediate direct impact on stock price.