Nippon Life India Asset Management Limited has informed the Exchange about ESG Rating- Revision
NAM-INDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nippon Life India Asset Management's ESG score has been revised downward from 68.20 (Strong) to 54 (Adequate) by ESGRisk.ai, a SEBI-registered ESG rating provider. The downgrade is attributed to a decline in the social and governance parameters. The company clarified that it did not engage ESGRisk.ai for this rating; the report was independently prepared using publicly available company data. The summary of the ESG rating report was received by the company on August 6, 2025.
A downgrade from 'Strong' to 'Adequate' in ESG rating may negatively affect the company's appeal to ESG-focused institutional investors and could put some pressure on its image as a responsible asset manager, though the rating was not commissioned by the company itself.