Please find attached a press release by Marico Limited, titled "Marico Achieves Dual A- CDP Scores and secures Leadership in NSE ESG Ratings".
MARICO · price
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Marico Limited has been awarded A- scores by CDP (Carbon Disclosure Project), likely for both climate change and water security, placing it in the leadership band. The company has also secured a leadership position in the NSE ESG Ratings. These recognitions highlight Marico's strong performance on environmental transparency, sustainability practices, and corporate governance disclosures. A- is among the top tiers in CDP scoring, which ranges from D- to A. This achievement places Marico ahead of many peers in India on ESG parameters.
Positive for long-term shareholders as it strengthens Marico's reputation with ESG-focused investors and funds, potentially attracting more institutional capital. However, this is a non-financial milestone and is unlikely to move the stock price sharply in the short term.