SHREE CEMENT LIMITED has informed the Exchange regarding 'ESG Ratings from NSE Sustainability Ratings & Analytics Ltd.'.
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Shree Cement has received a consolidated ESG rating of 64 from NSE Sustainability Ratings & Analytics Ltd. for the financial year 2024. The rating was prepared independently by NSE Sustainability Ratings & Analytics Ltd. based on publicly available data, as the company did not engage them for the evaluation. The disclosure was made under SEBI Listing Regulations to keep the stock exchanges informed.
The ESG score of 64 is a moderate rating and may appeal to sustainability-focused investors, but since the company did not commission the rating, it has limited direct bearing on operations or stock price. It primarily serves as a transparency disclosure.