Sun TV Network Limited has informed the Exchange about Intimation of ESG rating by NSE Sustainability Ratings & Analytics Limited
SUNTV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sun TV Network has been assigned an ESG rating of 67 by NSE Sustainability Ratings & Analytics for FY2024-2025, placing it in the 'Aspiring' category. The overall score comprises an Environment score of 70, a Social score of 64, and a Governance score of 67. The FY2024 rating was 68, so there is a marginal 1-point dip, though NSE notes that benchmark, sector weightage, and parameter updates also contributed to revisions. Strengths include strong governance (independent directors, board composition) and below-industry greenhouse gas emissions, while areas of concern are worker fatalities, a 26% rise in greenhouse gas emissions, and an 83% increase in waste intensity year-on-year. A separate Core ESG Rating of 65 was also assigned based on BRSR Core disclosures.
This is a routine ESG disclosure with no direct material impact on earnings, operations, or stock price. The 'Aspiring' rating signals reasonable but not best-in-class sustainability practices, and is unlikely to move the share price on its own.