Oil & Natural Gas Corporation Limited has informed the Exchange about Disclosure of ESG Rating Report and Scores on Climate Change
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ONGC has submitted its ESG (Environmental, Social, and Governance) Rating Report and its Climate Change scores to the stock exchange as a regulatory disclosure. ESG ratings evaluate how well a company manages environmental risks, social responsibilities, and corporate governance practices. Climate Change scores specifically measure the company's exposure and response to climate-related risks, which is especially relevant for an oil and gas major. This is a routine compliance filing under SEBI's Business Responsibility and Sustainability Reporting (BRSR) framework. No new strategic action, financial outcome, or material event is being announced.
This is a routine ESG transparency update with no direct impact on ONGC's stock price or shareholder returns. Investors focused on long-term sustainability may use the rating to assess climate-related risks in the business.