India-based ratings, research, risk, and policy advisory services provider and S&P Global company CRISIL Ratings announced today it will begin disclosing the impact of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. parameters when assigning credit ratings.
According to CRISIL, the initiative comes as the consideration of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. factors take on increasing importance in the decision-making process of investors, and as investors begin to screen opportunities through an ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. lens.
While CRISIL noted that sustainability-related factors are already integrated into its credit assessments, under the initiative will now assess and disclose the impact of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. factors on companies’ credit risk, utilizing a proprietary framework that weighs sectoral impact on environmentalEnvironmental criteria consider how a company performs as a steward of nature. and socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. factors, and the relative performance of a company on ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. aspects.
Gurpreet Chhatwal, Managing Director of CRISIL Ratings, said:
“ESG-readiness is becoming an important distinguishing feature for corporates to access funds from the capital market. Given this, and the improving disclosures on ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. parameters, we will assess — and make known — their impact separately when assigning credit ratings.”
CRISIL said that its ability to provide ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. assessments will depend on the availability of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. information, noting the early steps being taken in India to improve sustainability-related reporting, including the pending introduction of mandatory non-financial disclosures for the largest publicly traded companies.
Rama Patel, Director, CRISIL Ratings, said:
“We will call out the impact of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. on credit ratings for listed corporates that publish their ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. data, and lean on the capital markets and foreign investors for funding requirements. Over the medium-term, as ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. disclosures improve and get integrated more and more into investment and lending decisions, CRISIL Ratings will expand its scope to assess and disclose ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. impact on more companies.”
The post CRISIL to Assess, Disclose ESG Impact on Credit Ratings appeared first on ESG Today.