Muthoot Microfin Limited has informed the Exchange regarding a press release dated May 05, 2025, titled "Announcement under Reg 30 (LODR)- Press release".
MUTHOOTMF · price
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Muthoot Microfin has received a CareEdge-ESG 1 rating (the highest tier) from CARE ESG Ratings Limited, a SEBI-licensed provider, with an overall ESG score of 72.2. This is the highest ESG score ever awarded by CARE to any company in this industry. The company outperformed industry medians across all three pillars: Governance at 78.9 (industry median 64.5), Social at 72.1 (industry median 56.5), and Environmental at 54.6 (top quartile). Key strengths include a 100% women borrower base, equal pay, ISO 27000-certified data protection, ₹27.5 crore in green loan disbursements, and a Net Zero emissions target by 2040. As of December 31, 2024, the company serves 3.42 million active customers through 1,651 branches across 20 states, with a Gross Loan Portfolio of ₹12,404.9 crore.
This top-tier ESG rating strengthens Muthoot Microfin's appeal to ESG-focused institutional and foreign investors, potentially improving access to green/sustainable funding. However, it has no direct impact on near-term earnings or stock price, as it reflects sustainability credentials rather than financial performance.