CRISIL ESG Scores

CRISIL’s ESG scores are designed to support financial institutions and corporates to measure and monitor inherent ESG risks across their financial exposures - both equity and debt.

We have used our proprietary ESG methodology of assessing 600+ KPIs to score 1,000 companies across ~65 sectors for the fiscal year ending 2022. This evaluation is based on publicly available information released by the companies through their websites, exchange filings, annual reports, investor presentations, sustainability reports, etc. It also factors in other material ESG information available in the public domain through reliable sources, such as data reported by industry associations, regulators and various government agencies. The assessment is based on quantitative as well as qualitative disclosures. Each company under our coverage is monitored on a continuous surveillance basis for ESG material events that could potentially lead to a change in scores.

In the assessment of companies for the fiscal year 2022 CRISIL has enhanced ESG assessment framework, details of which are available in the methodology document.

Range of score category till FY2022: 0-30 Weak, 31-45 Below average, 46-60 Adequate, 61-70 Strong, 71-100 Leadership

Range of score category from FY2023 onwards: 0-40 Weak, 41-50 Below average, 51-60 Adequate, 61-70 Strong, 71-100 Leadership

Company Name	Sector classification	Environment Score	Social Score	Governance Score	ESG Score	Category	Scoring period
360 One Wam Limited	Financial Services (Others)	52	57	71	61	Strong	Mar-22
3M India Limited	Industrials	37	47	72	53	Adequate	Mar-22
Aadhar Housing Finance Limited	NBFC	46	47	67	55	Adequate	Mar-23
Aarti Drugs Limited	Pharmaceuticals	29	45	63	46	Adequate	Mar-22
Aarti Industries Limited	Chemicals - Speciality Chemicals	43	61	63	56	Adequate	Mar-23
AAVAS Financiers Limited	NBFC	52	56	71	61	Strong	Mar-23
ABB India Limited	Industrials	53	50	66	57	Adequate	Dec-21
Abbott India Limited	Pharmaceuticals	38	49	68	53	Adequate	Mar-22
ACC Limited	Cement	45	55	59	53	Adequate	Mar-23
Accelya Solutions India Limited	IT	40	62	75	60	Adequate	Jun-23
Action Construction Equipment Limited	Industrials	29	38	66	46	Adequate	Mar-22
Adani Energy Solutions Limited	Power T&D	55	66	64	61	Strong	Mar-23
Adani Enterprises Limited	Diversified	30	58	57	48	Adequate	Mar-22
Adani Green Energy Limited	Power Renewable (Solar, Wind)	67	66	64	66	Strong	Mar-23
Adani Ports and Special Economic Zone Limited	Ports	46	61	59	55	Adequate	Mar-22
Adani Power Limited	Power Thermal	41	61	64	55	Adequate	Mar-23
Adani Total Gas Limited	Oil & Gas - Gas	51	64	61	58	Adequate	Mar-23
Adani Wilmar Limited	FMCG	49	48	65	55	Adequate	Mar-23
ADF Foods Limited	FMCG	38	47	61	49	Below Average	Mar-23
Aditya Birla Capital Limited	Holding company	48	45	70	56	Adequate	Mar-22
Aditya Birla Fashion and Retail Limited	Consumer Retail	55	63	70	63	Strong	Mar-22
Aditya Birla Finance Limited	NBFC	52	44	66	56	Adequate	Mar-22
Aditya Birla Housing Finance Limited	NBFC	46	44	66	54	Adequate	Mar-23
Aditya Birla Sun Life AMC Limited	Financial Services (AMC)	53	43	72	58	Adequate	Mar-22
Ador Welding Limited	Industrials	28	40	67	47	Adequate	Mar-22
Advanced Enzyme Technologies Limited	Pharmaceuticals	50	66	67	61	Strong	Mar-22
Aegis Logistics Limited	Logistics	31	34	68	47	Below Average	Mar-23
Aether Industries Limited	Chemicals - Speciality Chemicals	28	58	66	51	Adequate	Mar-23
Affle (India) Limited	IT	36	49	75	55	Adequate	Mar-23
AGI Greenpac Limited	Building material	30	41	64	46	Adequate	Mar-22
Agro Tech Foods Limited	FMCG	39	54	63	52	Adequate	Mar-23
AGS Transact Technologies Limited	IT	41	54	64	54	Adequate	Mar-23
Ahluwalia Contracts India Limited	Construction EPC	30	54	65	50	Below Average	Mar-23
AIA Engineering Limited	Heavy Engineering	47	45	68	55	Adequate	Mar-22
Ajanta Pharma Limited	Pharmaceuticals	48	63	67	59	Adequate	Mar-22
Akzo Nobel India Limited	Paints	54	56	70	61	Strong	Mar-23
Alembic Limited	Real Estate	26	33	73	46	Adequate	Mar-22
Alembic Pharmaceuticals Limited	Pharmaceuticals	33	52	65	51	Adequate	Mar-22
Alicon Castalloy Limited	Auto Ancillary	25	36	61	42	Below Average	Mar-22
Alkem Laboratories Limited	Pharmaceuticals	43	49	67	54	Adequate	Mar-22
Alkyl Amines Chemicals Limited	Chemicals - Speciality Chemicals	36	44	58	47	Below Average	Mar-23
Allcargo Logistics Limited	Logistics	34	37	63	46	Below Average	Mar-23
Alok Industries Limited	Textile	24	41	58	42	Below Average	Mar-22
Amara Raja Energy & Mobility Limited	Batteries	27	41	65	46	Adequate	Mar-22
Amber Enterprises India Limited	Durables & Electricals	44	54	65	55	Adequate	Mar-22
Ambuja Cements Limited	Cement	43	54	56	51	Adequate	Mar-23
Ami Organics Limited	Pharmaceuticals	42	51	68	55	Adequate	Mar-22
Amrutanjan Health Care Limited	Pharmaceuticals	26	49	68	49	Adequate	Mar-22
Anand Rathi Wealth Limited	Financial Services (Others)	36	41	74	52	Adequate	Mar-22
Anant Raj Limited	Real Estate	26	34	68	45	Below Average	Mar-22
Andhra Paper Limited	Paper	29	51	65	49	Below Average	Mar-23
Angel One Limited	Financial Services (Others)	36	48	71	53	Adequate	Mar-22
Antony Waste Handling Cell Limited	Water and Waste Management	32	45	65	48	Adequate	Mar-22
Anupam Rasayan India Limited	Chemicals - Speciality Chemicals	38	45	74	54	Adequate	Mar-23
Apar Industries Limited	Industrials	39	44	63	50	Adequate	Mar-22
Apcotex Industries Limited	Chemicals - Speciality Chemicals	36	63	72	57	Adequate	Mar-23
Apex Frozen Foods Limited	FMCG	41	54	66	54	Adequate	Mar-23
APL Apollo Tubes Limited	Metals - Linked Products	43	58	71	58	Adequate	Mar-23
Apollo Hospitals Enterprise Limited	Healthcare	53	67	70	63	Strong	Mar-23
Apollo Pipes Limited	Plastic Products - Pipes	42	53	67	55	Adequate	Mar-23
Apollo Tricoat Tubes Limited	Metals - Linked Products	21	33	66	42	Below Average	Mar-22
Apollo Tyres Limited	Tyre	48	47	66	55	Adequate	Mar-22
Aptus Value Housing Finance India Limited	NBFC	46	56	67	57	Adequate	Mar-23
Archean Chemical Industries Limited	Commodity Chemicals	20	50	65	46	Below Average	Mar-23
Arvind Fashions Limited	Consumer Retail	34	41	65	48	Adequate	Mar-22
Arvind Limited	Textile	45	65	69	59	Adequate	Mar-22
Arvind Smartspaces Limited	Real Estate	26	33	65	44	Below Average	Mar-22
Asahi India Glass Limited	Industrials	28	36	63	44	Below Average	Mar-22
Ashiana Housing Limited	Real Estate	29	37	65	46	Adequate	Mar-22
Ashok Leyland Limited	Auto OEM	46	56	70	58	Adequate	Mar-23
Ashoka Buildcon Limited	Construction EPC	35	58	63	52	Adequate	Mar-23
Asian Paints Limited	Paints	58	60	77	66	Strong	Mar-23
Asian Star Company Limited	Consumer Retail	30	41	64	47	Adequate	Mar-22
Astec Lifesciences Limited	Chemicals - Speciality Chemicals	37	64	67	56	Adequate	Mar-23
Aster DM Healthcare Limited	Healthcare	59	67	64	63	Strong	Mar-23
Astra Microwave Products Limited	Industrials	26	40	71	48	Adequate	Mar-22
Astral Limited	Plastic Products - Pipes	47	52	66	56	Adequate	Mar-23
Astrazeneca Pharma India Limited.	Pharmaceuticals	29	52	69	51	Adequate	Mar-22
Atul Limited	Chemicals - Speciality Chemicals	32	47	65	49	Below Average	Mar-23
AU Small Finance Bank Limited	Banks	61	61	79	68	Strong	Mar-23
Aurobindo Pharma Limited	Pharmaceuticals	47	57	67	57	Adequate	Mar-22
Automotive Axles Limited	Auto Ancillary	27	36	69	46	Adequate	Mar-22
Avadh Sugar and Energy Limited	Sugar	31	41	65	47	Adequate	Mar-22
Avalon Technologies Limited	Durables & Electricals	27	36	57	41	Below Average	Mar-22
Avanti Feeds Limited	FMCG	39	49	67	53	Adequate	Mar-23
Avenue Supermarts Limited	Multi-brand retail	39	41	69	51	Adequate	Mar-22
Axis Bank Limited	Banks	70	61	77	71	Leadership	Mar-23
Axis Finance Limited	NBFC	49	39	58	50	Below Average	Mar-23
Bahadur Chand Investments Private Limited	Holding company	47	53	46	48	Adequate	Mar-22
Bajaj Auto Limited	Auto OEM	47	63	68	59	Adequate	Mar-23
Bajaj Consumer Care Limited	FMCG	46	58	66	57	Adequate	Mar-23
Bajaj Electricals Limited	Durables & Electricals	41	46	66	52	Adequate	Mar-22
Bajaj Finance Limited	NBFC	59	65	71	65	Strong	Mar-23
Bajaj Finserv Limited	Holding company	55	52	65	58	Adequate	Mar-22
Bajaj Hindusthan Sugar Limited	Sugar	29	40	57	43	Below Average	Mar-22
Bajaj Holdings and Investment Limited	Holding company	37	45	71	53	Adequate	Mar-22
Bajaj Housing Finance Limited	NBFC	50	44	65	55	Adequate	Mar-23
Balaji Amines Limited	Chemicals - Speciality Chemicals	29	48	61	47	Below Average	Mar-23
Balkrishna Industries Limited	Tyre	44	44	69	54	Adequate	Mar-22
Balrampur Chini Mills Limited	Sugar	33	41	70	50	Adequate	Mar-22
Banco Products India Limited	Auto Ancillary	25	35	64	43	Below Average	Mar-22
Bandhan Bank Limited	Banks	57	67	76	67	Strong	Mar-23
Bank of Baroda	Banks	59	66	61	62	Strong	Mar-23
Bank of India	Banks	47	56	61	55	Adequate	Mar-23
Bank of Maharashtra	Banks	49	62	61	57	Adequate	Mar-23
Bannari Amman Sugars Limited	Sugar	28	39	61	44	Below Average	Mar-22
Barbeque-Nation Hospitality Limited	Food Retail	25	35	66	44	Below Average	Mar-22
BASF India Limited	Chemicals - Speciality Chemicals	46	57	64	56	Adequate	Mar-23
Bata India Limited	Consumer Retail	32	44	73	51	Adequate	Mar-22
Bayer Cropscience Limited	Chemicals - Speciality Chemicals	42	58	69	57	Adequate	Mar-23
BEML Limited	Industrials	31	42	62	46	Adequate	Mar-22
Bengal and Assam Company Limited	Holding company	31	41	65	47	Adequate	Mar-22
Berger Paints India Limited	Paints	45	46	67	54	Adequate	Mar-23
BF Utilities Limited	Power Renewable (Solar, Wind)	38	40	64	49	Adequate	Mar-22
Bhansali Engg Polymers Limited	Chemicals - Bulk & Polymers	20	34	68	43	Below Average	Mar-22
Bharat Bijlee Limited	Heavy Engineering	27	39	64	45	Below Average	Mar-22
Bharat Dynamics Limited	Industrials	28	44	59	44	Below Average	Mar-22
Bharat Electronics Limited	Industrials	31	49	62	48	Adequate	Mar-22
Bharat Forge Limited	Auto Ancillary	47	55	67	57	Adequate	Mar-22
Bharat Heavy Electricals Limited	Heavy Engineering	46	61	66	58	Adequate	Mar-22
Bharat Petroleum Corporation Limited	Oil & Gas - Refining & Marketing	38	57	62	52	Adequate	Mar-23
Bharat Sanchar Nigam Limited	Telecom	30	43	58	45	Below Average	Mar-22
Bharti Airtel Limited	Telecom	60	61	70	64	Strong	Mar-22
Bharti Telecom Limited	Holding company	60	61	52	57	Adequate	Mar-22
Bhopal Dhule Transmission Company Limited	Power T&D	27	31	47	36	Below Average	Mar-22
Bikaji Foods International Limited	FMCG	45	54	64	55	Adequate	Mar-23
Biocon Limited	Pharmaceuticals	46	65	71	61	Strong	Mar-22
Birla Corporation Limited	Cement	34	46	62	48	Below Average	Mar-23
Birla Group Holdings Private Limited	Holding company	37	48	27	36	Below Average	Mar-22
Birlasoft Limited	IT	47	47	69	56	Adequate	Mar-23
Black Box Limited	IT	40	60	66	55	Adequate	Mar-23
Bliss GVS Pharma Limited	Pharmaceuticals	26	44	70	48	Adequate	Mar-22
Blue Dart Express Limited	Logistics	38	52	74	56	Adequate	Mar-23
Blue Star Limited	Durables & Electricals	30	43	66	48	Adequate	Mar-22
Bodal Chemicals Limited	Chemicals - Speciality Chemicals	33	53	69	52	Adequate	Mar-23
Borosil Limited	Consumer Retail	30	41	68	48	Adequate	Mar-22
Borosil Renewables Limited	Consumer Retail	32	43	67	49	Adequate	Mar-22
Bosch Limited	Auto Ancillary	27	35	68	46	Adequate	Mar-22
Brigade Enterprises Limited	Real Estate	45	53	70	57	Adequate	Mar-22
Britannia Industries Limited	FMCG	54	58	68	60	Adequate	Mar-23
Brookfield India Real Estate Trust	REIT	35	26	56	41	Below Average	Mar-22
BSE Limited	Financial Services (Others)	43	44	81	58	Adequate	Mar-22
Butterfly Gandhimathi Appliances Limited	Durables & Electricals	28	37	70	47	Adequate	Mar-22
Camlin Fine Sciences Limited	Chemicals - Speciality Chemicals	17	30	64	39	Weak	Mar-23
Campus Activewear Limited	Consumer Retail	28	42	68	48	Adequate	Mar-22
Can Fin Homes Limited	NBFC	51	57	71	61	Strong	Mar-23
Canara Bank	Banks	51	68	68	62	Strong	Mar-23
Cantabil Retail India Limited	Textile	22	39	67	44	Below Average	Mar-22
Capacite Infraprojects Limited	Construction EPC	30	54	67	51	Adequate	Mar-23
Caplin Point Laboratories Limited	Pharmaceuticals	25	47	71	49	Adequate	Mar-22
Capri Global Capital Limited	NBFC	49	56	74	61	Strong	Mar-23
Carborundum Universal Limited	Industrials	29	38	70	48	Adequate	Mar-22
Care Ratings Limited	Financial Services (Rating Agencies)	41	45	74	55	Adequate	Mar-22
Cartrade Tech Limited	Internet	36	44	66	50	Adequate	Mar-22
Carysil Limited	Building material	26	35	63	43	Below Average	Mar-22
Castrol India Limited	Lubricants	40	56	71	56	Adequate	Dec-21
CCL Products (India) Limited	FMCG	34	46	71	52	Adequate	Mar-23
CE Info Systems Limited	IT	41	61	68	57	Adequate	Mar-23
Ceat Limited	Tyre	48	53	67	57	Adequate	Mar-22
Central Bank Of India	Banks	55	65	63	61	Strong	Mar-23
Central Depository Services India Limited	Financial Services (Others)	37	43	79	55	Adequate	Mar-22
Centum Electronics Limited	Heavy Engineering	28	42	64	46	Adequate	Mar-22
Century Enka Limited	Textile	40	63	77	60	Adequate	Mar-22
Century Plyboards India Limited	Plywood Board	35	48	64	50	Below Average	Mar-23
Century Textiles and Industries Limited	Paper	48	64	70	61	Strong	Mar-23
Cera Sanitaryware Limited	Sanitary ware and Ceramics	41	62	68	57	Adequate	Mar-23
CESC Limited	Power Thermal	31	55	67	51	Adequate	Mar-23
CG Power and Industrial Solutions Limited	Industrials	28	37	63	44	Below Average	Mar-22
Chalet Hotels Limited	Hotels	58	59	66	62	Strong	Mar-23
Chambal Fertilisers and Chemicals Limited	Chemicals - Fertilizers	40	53	63	52	Adequate	Mar-23
Chemcon Speciality Chemicals Limited	Chemicals - Speciality Chemicals	27	30	59	41	Below Average	Mar-23
Chemplast Sanmar Limited	Commodity Chemicals	45	56	67	56	Adequate	Mar-23
Chennai Petroleum Corporation Limited	Oil & Gas - Refining & Marketing	46	51	64	54	Adequate	Mar-23
Cholamandalam Financial Holdings Limited	Holding company	52	57	63	58	Adequate	Mar-22
Cholamandalam Investment and Finance Company Limited	NBFC	56	65	62	60	Adequate	Mar-23
CIE Automotive India Limited	Auto Ancillary	27	34	67	45	Below Average	Dec-21
Cipla Limited	Pharmaceuticals	59	68	78	69	Strong	Mar-22
City Union Bank Limited	Banks	53	61	80	66	Strong	Mar-23
Clean Science and Technology Limited	Chemicals - Speciality Chemicals	38	59	67	55	Adequate	Mar-23
Cms Info Systems Limited	Logistics	25	37	65	44	Below Average	Mar-22
Coal India Limited	Mining	37	60	60	52	Adequate	Mar-23
Cochin Shipyard Limited	Shipbuilding	36	59	58	51	Adequate	Mar-22
Coforge Limited	IT	63	59	71	65	Strong	Mar-23
Colgate - Palmolive India Limited	FMCG	52	57	73	62	Strong	Mar-23
Computer Age Management Services Limited	Financial Services (Others)	39	55	74	57	Adequate	Mar-22
Confidence Petroleum India Limited	Oil & Gas - Gas	27	53	69	50	Below Average	Mar-23
Container Corporation of India Limited	Logistics	34	48	60	48	Below Average	Mar-23
Coromandel International Limited	Chemicals - Fertilizers	44	54	71	57	Adequate	Mar-23
Craftsman Automation Limited	Auto Ancillary	31	43	69	49	Adequate	Mar-22
CreditAccess Grameen Limited	NBFC	56	66	74	66	Strong	Mar-23
Crompton Greaves Consumer Electricals Limited	Durables & Electricals	31	41	74	51	Adequate	Mar-22
CSB Bank Limited	Banks	58	57	77	65	Strong	Mar-23
Cummins India Limited	Industrials	37	42	67	50	Adequate	Mar-22
Cyient Limited	IT	53	43	72	58	Adequate	Mar-23
D F M Foods Limited	FMCG	30	40	67	47	Adequate	Mar-22
Dabur India Limited	FMCG	47	51	67	56	Adequate	Mar-23
Dalmia Bharat Limited	Cement	52	51	62	56	Adequate	Mar-23
Dalmia Bharat Sugar and Industries Limited	Sugar	53	59	72	62	Strong	Mar-22
Data Patterns India Private Limited	Industrials	28	35	62	43	Below Average	Mar-22
Datamatics Global Services Limited	IT	43	43	67	52	Adequate	Mar-23
DB Corp Limited	Media	42	42	62	50	Adequate	Mar-22
DB Realty Limited	Real Estate	28	33	62	43	Below Average	Mar-22
DCB Bank Limited	Banks	57	57	77	65	Strong	Mar-23
DCM Shriram Limited	Chemicals - Speciality Chemicals	28	58	64	50	Adequate	Mar-22
Deepak Fertilisers And Petrochemicals Corporation Limited	Commodity Chemicals	23	37	67	44	Below Average	Mar-23
Deepak Nitrite Limited	Chemicals - Speciality Chemicals	27	38	66	45	Below Average	Mar-23
Delhivery Limited	Logistics	35	48	71	53	Adequate	Mar-23
Delta Corp Limited	Hotels	45	48	67	55	Adequate	Mar-23
DEN Networks Limited	Media	38	41	60	47	Adequate	Mar-22
Devyani International Limited	Food Retail	27	37	67	46	Adequate	Mar-22
Dhampur Sugar Mills Limited	Sugar	31	43	64	47	Adequate	Mar-22
Dhani Services Limited	Holding company	49	38	60	51	Adequate	Mar-22
Dhanuka Agritech Limited	Chemicals - Speciality Chemicals	32	56	63	50	Below Average	Mar-23
Dilip Buildcon Limited	Construction EPC	33	51	63	49	Below Average	Mar-23
Disa India Limited	Industrials	27	37	68	46	Adequate	Mar-22
Dish TV India Limited	Media	36	41	61	48	Adequate	Mar-22
Dishman Carbogen Amcis Limited	Pharmaceuticals	25	49	69	49	Adequate	Mar-22
Divis Laboratories Limited	Pharmaceuticals	31	50	68	51	Adequate	Mar-22
Dixon Technologies (India) Limited	Durables & Electricals	28	46	70	49	Adequate	Mar-22
DLF Limited	Real Estate	48	43	67	54	Adequate	Mar-22
Dodla Dairy Limited	FMCG	46	53	66	56	Adequate	Mar-23
Dr. Lal Pathlabs Limited	Healthcare	46	63	70	60	Adequate	Mar-23
Dr. ReddyS Laboratories Limited	Pharmaceuticals	56	67	73	66	Strong	Mar-22
Dwarikesh Sugar Industries Limited	Sugar	31	42	68	48	Adequate	Mar-22
Dynamatic Technologies Limited	Industrials	39	48	66	52	Adequate	Mar-22
E.I.D. Parry India Limited	Sugar	40	50	72	55	Adequate	Mar-22
Easy Trip Planners Limited	Internet	37	39	67	50	Adequate	Mar-22
Eclerx Services Limited	IT	66	64	76	70	Strong	Mar-23
Edelweiss Financial Services Limited	Financial Services (Others)	48	51	60	53	Adequate	Mar-22
Edelweiss Rural and Corporate Services Limited	Financial Services (Others)	36	35	54	43	Below Average	Mar-22
Eicher Motors Limited	Auto OEM	41	59	69	57	Adequate	Mar-23
EIH Limited	Hotels	43	49	62	52	Adequate	Mar-23
Elantas Beck India Limited	Chemicals - Speciality Chemicals	14	31	66	39	Weak	Dec-22
Elecon Engineering Company Limited	Industrials	28	35	64	44	Below Average	Mar-22
Electrosteel Castings Limited	Metals - Linked Products	25	53	65	48	Adequate	Mar-22
Elgi Equipments Limited	Industrials	40	39	64	49	Adequate	Mar-22
Emami Limited	FMCG	46	58	63	56	Adequate	Mar-23
Emami Paper Mills Limited	Paper	38	52	65	52	Adequate	Mar-23
Embassy Office Parks Reit	REIT	49	51	56	52	Adequate	Mar-22
Emudhra Limited	IT	42	52	70	56	Adequate	Mar-23
Endurance Technologies Limited	Auto Ancillary	29	35	67	46	Adequate	Mar-22
Engineers India Limited	Construction EPC	36	58	57	50	Below Average	Mar-23
Entertainment Network (India) Limited	Media	38	47	64	51	Adequate	Mar-22
EPIGRAL Limited	Commodity Chemicals	23	52	72	50	Below Average	Mar-23
EPL Limited	Industrials	56	45	66	57	Adequate	Mar-22
Equitas Small Finance Bank Limited	Banks	53	60	78	65	Strong	Mar-23
ERIS Lifesciences Limited	Pharmaceuticals	25	45	64	46	Adequate	Mar-22
Esab India Limited	Industrials	27	37	68	46	Adequate	Mar-22
Escorts Kubota Limited	Auto OEM	44	53	59	52	Adequate	Mar-23
Eureka Forbes Limited	Consumer Retail	31	41	67	48	Adequate	Mar-22
Eveready Industries India Limited	Batteries	24	43	63	45	Below Average	Mar-22
Everest Industries Limited	Other Construction Material	31	55	74	54	Adequate	Mar-23
Everest Kanto Cylinder Limited	Industrials	28	36	75	49	Adequate	Mar-22
Excel Industries Limited	Chemicals - Speciality Chemicals	38	55	59	51	Adequate	Mar-23
Exide Industries Limited	Batteries	47	57	71	59	Adequate	Mar-22
Expleo Solutions Limited	IT	49	59	70	60	Adequate	Mar-23
Export Import Bank of India	DFI-Unlisted	64	43	40	49	Adequate	Mar-22

Company Name	Sector classification	Environment Score	Social Score	Governance Score	ESG Score	Category	Scoring period
FDC Limited	Pharmaceuticals	27	47	71	50	Adequate	Mar-22
Federal-Mogul Goetze India Limited	Auto Ancillary	26	34	69	45	Below Average	Mar-22
Fertilisers And Chemicals Travancore Limited	Chemicals - Fertilizers	35	45	57	46	Below Average	Mar-23
Fiem Industries Limited	Auto Ancillary	24	34	68	44	Below Average	Mar-22
Fine Organic Industries Limited	Chemicals - Speciality Chemicals	33	62	70	55	Adequate	Mar-23
Fineotex Chemical Limited	Chemicals - Speciality Chemicals	25	48	68	48	Below Average	Mar-23
FINO Payments Bank Limited	Financial Services (Others)	39	51	72	55	Adequate	Mar-22
Finolex Cables Limited	Durables & Electricals	27	34	58	41	Below Average	Mar-22
Finolex Industries Limited	Plastic Products - Pipes	41	62	66	56	Adequate	Mar-23
Firstsource Solutions Limited	IT	63	65	69	66	Strong	Mar-23
Five-Star Business Finance Limited	NBFC	50	57	69	59	Adequate	Mar-23
Food Corporation of India	Logistics	24	29	42	32	Below Average	Mar-22
Force Motors Limited	Auto OEM	28	58	64	50	Below Average	Mar-23
Fortis Healthcare Limited	Healthcare	39	63	70	57	Adequate	Mar-23
FSN E-Commerce Ventures Limited	Internet	37	45	70	52	Adequate	Mar-22
Fusion Micro Finance Limited	NBFC	51	67	69	62	Strong	Mar-23
G R Infraprojects Limited	Construction EPC	35	57	67	53	Adequate	Mar-23
Gabriel India Limited	Auto Ancillary	25	32	68	44	Below Average	Mar-22
Gail India Limited	Oil & Gas - Gas	48	65	58	56	Adequate	Mar-23
Galaxy Surfactants Limited	Chemicals - Speciality Chemicals	50	55	66	57	Adequate	Mar-23
Gallantt Ispat Limited	Metals - Ferrous	27	57	66	50	Below Average	Mar-23
Ganesh Housing Corporation Limited	Real Estate	25	32	64	42	Below Average	Mar-22
Ganesha Ecosphere Limited	Textile	27	41	65	46	Adequate	Mar-22
Garden Reach Shipbuilders and Engineers Limited	Shipbuilding	27	43	60	44	Below Average	Mar-22
Garware Hi-Tech Films Limited	Chemicals - Bulk & Polymers	19	28	66	40	Below Average	Mar-22
Garware Technical Fibres Limited	Textile	25	44	61	44	Below Average	Mar-22
Gateway Distriparks Limited	Logistics	35	46	65	50	Below Average	Mar-23
Gati Limited	Logistics	32	39	64	46	Below Average	Mar-23
GE Power India Limited	Heavy Engineering	41	54	60	52	Adequate	Mar-22
GE T&D India Limited	Heavy Engineering	29	41	68	48	Adequate	Mar-22
General Insurance Corporation of India	Insurance	42	67	64	57	Adequate	Mar-23
Genesys International Corporation Limited	IT	37	63	69	56	Adequate	Mar-23
Genus Power Infrastructures Limited	Industrials	30	43	62	46	Adequate	Mar-22
Geojit Financial Services Limited	Financial Services (Others)	39	45	72	53	Adequate	Mar-22
GFL Limited	Holding company	38	38	60	46	Adequate	Mar-22
GHCL Limited	Commodity Chemicals	27	52	74	52	Adequate	Mar-23
GIC Housing Finance Limited	NBFC	46	55	64	55	Adequate	Mar-23
Gillette India Limited	FMCG	47	55	65	56	Adequate	Jun-23
Gland Pharma Limited	Pharmaceuticals	35	56	71	55	Adequate	Mar-22
Glaxo Smithkline Pharmaceuticals Limited	Pharmaceuticals	58	61	71	64	Strong	Mar-22
Glenmark Life Sciences Limited	Pharmaceuticals	32	47	67	50	Adequate	Mar-22
Glenmark Pharmaceuticals Limited	Pharmaceuticals	60	60	63	61	Strong	Mar-22
Global Health Limited	Healthcare	37	57	65	53	Adequate	Mar-23
Globus Spirits Limited	FMCG	35	43	70	51	Adequate	Mar-23
GMM Pfaudler Limited	Industrials	39	49	71	55	Adequate	Mar-22
GNA Axles Limited	Auto Ancillary	24	33	59	40	Below Average	Mar-22
Go Fashion (India) Limited	Consumer Retail	27	48	67	48	Adequate	Mar-22
GOCL Corporation Limited	Chemicals - Speciality Chemicals	16	38	74	45	Below Average	Mar-23
Godawari Power and Ispat Limited	Metals - Ferrous	26	55	66	49	Below Average	Mar-23
Godfrey Phillips India Limited	FMCG	49	37	60	51	Adequate	Mar-23
Godrej Agrovet Limited	FMCG	46	47	67	55	Adequate	Mar-23
Godrej Consumer Products Limited	FMCG	44	45	73	56	Adequate	Mar-23
Godrej Industries Limited	Diversified	50	39	66	54	Adequate	Mar-22
Godrej Properties Limited	Real Estate	54	44	71	58	Adequate	Mar-22
Gokaldas Exports Limited	Textile	24	46	73	49	Adequate	Mar-22
Goldiam International Limited	Consumer Retail	29	41	66	47	Adequate	Mar-22
Goodyear India Limited	Tyre	27	43	69	48	Adequate	Mar-22
Granules India Limited	Pharmaceuticals	35	47	71	52	Adequate	Mar-22
Graphite India Limited	Metals - Linked Products	23	35	63	42	Below Average	Mar-22
Grasim Industries Limited	Diversified	46	50	71	57	Adequate	Mar-22
Grauer and Weil India Limited	Commodity Chemicals	32	36	64	46	Below Average	Mar-23
Gravita India Limited	Metals - Non-Ferrous	29	60	65	51	Adequate	Mar-23
Greaves Cotton Limited	Industrials	29	40	66	46	Adequate	Mar-22
Greenlam Industries Limited	Plywood Board	37	54	69	54	Adequate	Mar-23
Greenpanel Industries Limited	Plywood Board	33	51	70	53	Adequate	Mar-23
Greenply Industries Limited	Plywood Board	32	57	64	51	Adequate	Mar-23
Grindwell Norton Limited	Industrials	28	39	70	48	Adequate	Mar-22
GTL Infrastructure Limited	Telecom	28	38	65	45	Below Average	Mar-22
GTPL Hathway Limited	Media	37	41	64	49	Adequate	Mar-22
Gufic Biosciences Limited	Pharmaceuticals	26	47	71	49	Adequate	Mar-22
Gujarat Alkalies and Chemicals Limited	Commodity Chemicals	32	58	69	53	Adequate	Mar-23
Gujarat Ambuja Exports Limited	Agri Commodities	37	54	69	54	Adequate	Mar-22
Gujarat Fluorochemicals Limited	Chemicals - Speciality Chemicals	33	51	63	49	Below Average	Mar-23
Gujarat Gas Limited	Oil & Gas - Gas	43	62	66	57	Adequate	Mar-23
Gujarat Industries Power Company Limited	Power Thermal	31	44	64	47	Below Average	Mar-23
Gujarat Mineral Development Corporation Limited	Mining	27	49	71	50	Below Average	Mar-23
Gujarat Narmada Valley Fertilizers and Chemicals Limited	Commodity Chemicals	28	51	68	50	Below Average	Mar-23
Gujarat Pipavav Port Limited	Ports	35	59	66	53	Adequate	Mar-22
Gujarat State Fertilizers and Chemicals Limited	Chemicals - Fertilizers	42	54	67	55	Adequate	Mar-23
Gujarat State Petronet Limited	Oil & Gas - Gas	40	53	63	53	Adequate	Mar-23
Gulf Oil Lubricants India Limited	Lubricants	26	37	68	45	Below Average	Mar-22
Gulshan Polyols Limited	Chemicals - Bulk & Polymers	19	29	67	41	Below Average	Mar-22
H.G. Infra Engineering Limited	Construction EPC	33	61	67	54	Adequate	Mar-23
Happiest Minds Technologies Limited	IT	54	70	73	66	Strong	Mar-23
Harsha Engineers International Limited	Industrials	28	33	60	42	Below Average	Mar-22
Hathway Cable and Datacom Limited	Media	37	40	64	49	Adequate	Mar-22
Hatsun Agro Product Limited	FMCG	38	50	62	51	Adequate	Mar-23
Havells India Limited	Durables & Electricals	53	66	72	64	Strong	Mar-22
Hawkins Cookers Limited	Consumer Retail	31	43	63	47	Adequate	Mar-22
HBL Power Systems Limited	Batteries	24	34	58	40	Below Average	Mar-22
HCL Technologies Limited	IT	73	66	74	72	Leadership	Mar-23
HDB Financial Services Limited	NBFC	46	47	71	56	Adequate	Mar-23
HDFC Asset Management Company Limited	Financial Services (AMC)	52	65	72	63	Strong	Mar-22
HDFC Bank Limited	Banks	68	61	79	71	Leadership	Mar-23
HDFC Credila Financial Services Limited	NBFC	50	46	68	56	Adequate	Mar-23
HDFC Life Insurance Company Limited	Insurance	52	56	69	60	Adequate	Mar-23
HDFC Securities Limited	Financial Services (Others)	36	36	62	46	Adequate	Mar-22
Healthcare Global Enterprises Limited	Healthcare	48	62	67	59	Adequate	Mar-23
HEG Limited	Metals - Linked Products	22	36	68	44	Below Average	Mar-22
Heidelberg Cement India Limited	Cement	35	55	70	54	Adequate	Mar-23
Hemisphere Properties India Limited	Real Estate	25	30	64	42	Below Average	Mar-22
Heranba Industries Limited	Chemicals - Speciality Chemicals	28	50	70	50	Below Average	Mar-23
Heritage Foods Limited	FMCG	46	52	70	57	Adequate	Mar-23
Hero FinCorp Limited	NBFC	45	44	64	53	Adequate	Mar-23
Hero Motocorp Limited	Auto OEM	49	63	64	59	Adequate	Mar-23
Hester Biosciences Limited	Pharmaceuticals	26	42	65	46	Adequate	Mar-22
HFCL Limited	Telecom	29	39	67	47	Adequate	Mar-22
Hikal Limited	Chemicals - Speciality Chemicals	24	42	61	44	Below Average	Mar-22
HIL Limited	Other Construction Material	38	61	66	55	Adequate	Mar-23
Himadri Speciality Chemical Limited	Commodity Chemicals	41	52	69	55	Adequate	Mar-23
Himatsingka Seide Limited	Textile	29	41	65	46	Adequate	Mar-22
Hindalco Industries Limited	Metals - Non-Ferrous	36	57	68	54	Adequate	Mar-23
Hinduja Global Solutions Limited	IT	39	44	67	52	Adequate	Mar-22
Hinduja Leyland Finance Limited	NBFC	45	37	64	51	Adequate	Mar-23
Hindustan Aeronautics Limited	Industrials	46	60	58	54	Adequate	Mar-22
Hindustan Construction Company Limited	Construction EPC	35	36	60	45	Below Average	Mar-23
Hindustan Copper Limited	Metals - Non-Ferrous	24	56	54	44	Below Average	Mar-23
Hindustan Foods Limited	FMCG	45	51	71	57	Adequate	Mar-23
Hindustan Oil Exploration Co. Limited	Oil & Gas - Exploration & Production	28	41	74	50	Below Average	Mar-23
Hindustan Petroleum Corporation Limited	Oil & Gas - Refining & Marketing	42	58	56	52	Adequate	Mar-23
Hindustan Unilever Limited	FMCG	54	62	70	63	Strong	Mar-23
Hindustan Zinc Limited	Metals - Non-Ferrous	45	59	62	55	Adequate	Mar-23
Hindware Home Innovation Limited	Building material	26	34	68	45	Below Average	Mar-22
Hitachi Energy India Limited	Industrials	42	53	66	54	Adequate	Mar-22
HLE Glasscoat Limited	Industrials	27	37	73	48	Adequate	Mar-22
HMT Limited	Industrials	26	33	46	36	Below Average	Mar-22
Home First Finance Company India Limited	NBFC	51	61	74	63	Strong	Mar-23
Honda Siel Power Products Limited	Industrials	29	39	65	46	Adequate	Mar-22
Honeywell Automation India Limited	Industrials	29	39	66	46	Adequate	Mar-22
Housing and Urban Development Corporation Limited	DFI-Listed	58	51	59	56	Adequate	Mar-22
Housing Development Finance Corporation Limited	NBFC	62	63	80	69	Strong	Mar-22
Huhtamaki India Limited	Paper	26	43	69	48	Adequate	Dec-21
ICICI Bank Limited	Banks	63	61	77	68	Strong	Mar-23
ICICI Home Finance Company Limited	NBFC	46	41	64	52	Adequate	Mar-23
ICICI Lombard General Insurance Company Limited	Insurance	50	56	77	62	Strong	Mar-23
ICICI Prudential Life Insurance Company Limited	Insurance	51	58	71	61	Strong	Mar-23
ICICI Securities Limited	Financial Services (Others)	55	64	79	67	Strong	Mar-22
Icra Limited	Financial Services (Rating Agencies)	36	42	75	53	Adequate	Mar-22
IDBI Bank Limited	Banks	53	62	70	62	Strong	Mar-23
IDFC FIRST Bank Limited	Banks	64	56	77	67	Strong	Mar-23
IDFC Limited	Holding company	53	48	71	59	Adequate	Mar-22
IFB Industries Limited	Durables & Electricals	27	36	64	44	Below Average	Mar-22
IFCI Limited	DFI-Listed	48	50	42	46	Adequate	Mar-22
Ifgl Refractories Limited	Industrials	27	36	70	46	Adequate	Mar-22
Igarashi Motors India Limited	Auto Ancillary	25	35	66	44	Below Average	Mar-22
IIFL Finance Limited	NBFC	57	62	64	61	Strong	Mar-23
IIFL Home Finance Limited	NBFC	59	53	67	61	Strong	Mar-23
IIFL Securities Limited	Financial Services (Others)	37	48	73	54	Adequate	Mar-22
India Glycols Limited	Commodity Chemicals	35	54	60	50	Below Average	Mar-23
India Grid Trust	Power T&D	34	22	66	44	Below Average	Mar-23
India Infradebt Limited	NBFC	52	41	70	57	Adequate	Mar-23
India Pesticides Limited	Chemicals - Speciality Chemicals	29	51	62	48	Below Average	Mar-23
India Tourism Development Corporation Limited	Hotels	33	46	61	47	Below Average	Mar-23
Indiabulls Commercial Credit Limited	NBFC	47	38	64	51	Adequate	Mar-23
Indiabulls Housing Finance Limited	NBFC	55	54	67	60	Adequate	Mar-23
Indiabulls Real Estate Limited	Real Estate	27	34	69	45	Below Average	Mar-22
Indiamart Intermesh Limited	Internet	39	42	68	51	Adequate	Mar-22
Indian Bank	Banks	55	64	60	59	Adequate	Mar-23
Indian Energy Exchange Limited	Financial Services (Others)	43	44	71	54	Adequate	Mar-22
Indian Metals and Ferro Alloys Limited	Metals - Ferrous	21	49	62	45	Below Average	Mar-23
Indian Oil Corporation Limited	Oil & Gas - Refining & Marketing	49	58	58	55	Adequate	Mar-23
Indian Overseas Bank	Banks	54	63	58	58	Adequate	Mar-23
Indian Railway Catering and Tourism Corporation Limited	Internet	50	60	65	58	Adequate	Mar-22
Indian Railway Finance Corporation Limited	NBFC	51	47	62	54	Adequate	Mar-22
Indian Renewable Energy Development Agency Limited	DFI-Unlisted	67	44	59	58	Adequate	Mar-22
Indigo Paints Limited	Paints	53	48	69	58	Adequate	Mar-23
IndInfravit Trust	InvIT	24	24	56	37	Below Average	Mar-22
Indo Count Industries Limited	Textile	40	45	70	53	Adequate	Mar-22
Indo Rama Synthetics (India) Limited	Textile	24	40	63	44	Below Average	Mar-22
Indoco Remedies Limited	Pharmaceuticals	29	52	68	50	Adequate	Mar-22
IndoStar Capital Finance Limited	NBFC	44	43	63	51	Adequate	Mar-23
Indraprastha Gas Limited	Oil & Gas - Gas	43	64	65	57	Adequate	Mar-23
Indus Towers Limited	Telecom	44	61	74	60	Adequate	Mar-22
IndusInd Bank Limited	Banks	64	55	71	65	Strong	Mar-23
Infibeam Avenues Limited	Internet	37	44	58	47	Adequate	Mar-22
Info Edge (India) Limited	Internet	36	47	73	54	Adequate	Mar-22
Infobeans Technologies Limited	IT	47	52	68	57	Adequate	Mar-23
Infosys Limited	IT	78	69	81	77	Leadership	Mar-23
Ingersoll Rand India Limited	Industrials	30	42	66	48	Adequate	Mar-22
INOX Leisure Limited	Media	40	40	60	48	Adequate	Mar-22
Inox Wind Energy Limited	Heavy Engineering	26	34	57	40	Below Average	Mar-22
Inox Wind Limited	Power Renewable (Solar, Wind)	39	37	61	48	Adequate	Mar-22
Insecticides (India) Limited	Chemicals - Speciality Chemicals	31	51	70	51	Adequate	Mar-23
Intellect Design Arena Limited	IT	56	49	66	58	Adequate	Mar-23
Interglobe Aviation Limited	Airlines	43	56	65	55	Adequate	Mar-22
IOL Chemicals and Pharmaceuticals Limited	Pharmaceuticals	34	47	66	50	Adequate	Mar-22
ION Exchange India Limited	Water and Waste Management	28	30	58	41	Below Average	Mar-22
IPCA Laboratories Limited	Pharmaceuticals	27	44	66	47	Adequate	Mar-22
IRB Infrastructure Developers Limited	Construction EPC	42	67	61	56	Adequate	Mar-23
Ircon International Limited	Construction EPC	34	56	64	52	Adequate	Mar-23
ISGEC Heavy Engineering Limited	Construction EPC	34	53	63	50	Below Average	Mar-23
Ismt Limited	Metals - Ferrous	32	56	67	52	Adequate	Mar-23
ITC Limited	Diversified	57	55	68	61	Strong	Mar-22
ITD Cementation India Limited	Construction EPC	35	60	71	56	Adequate	Mar-23
ITI Limited	Telecom	28	41	61	45	Below Average	Mar-22
J B Chemicals and Pharmaceuticals Limited	Pharmaceuticals	51	61	70	61	Strong	Mar-22
J. Kumar Infraprojects Limited	Construction EPC	25	59	65	50	Below Average	Mar-23
Jagran Prakashan Limited	Media	39	41	59	47	Adequate	Mar-22
Jagsonpal Pharmaceuticals Limited	Pharmaceuticals	23	37	61	42	Below Average	Mar-22
Jai Corp Limited	Industrials	28	35	62	43	Below Average	Mar-22
Jain Irrigation Systems Limited	Plastic Products - Pipes	41	54	61	52	Adequate	Mar-23
Jaiprakash Associates Limited	Construction EPC	27	53	57	45	Below Average	Mar-23
Jaiprakash Power Ventures Limited	Power Thermal	35	50	64	50	Below Average	Mar-23
Jamna Auto Industries Limited	Auto Ancillary	25	37	70	46	Adequate	Mar-22
Jamnagar Utilities and Power Private Limited	Power Thermal	15	26	59	35	Below Average	Mar-22
Jayaswal Neco Industries Limited	Metals - Ferrous	30	57	56	47	Below Average	Mar-23
JBM Auto Limited	Auto Ancillary	25	32	64	42	Below Average	Mar-22
Jindal Poly Films Limited	Chemicals - Bulk & Polymers	18	34	69	42	Below Average	Mar-22
Jindal Saw Limited	Metals - Linked Products	21	34	66	42	Below Average	Mar-22
Jindal Stainless (Hisar) Limited	Metals - Ferrous	19	40	64	42	Below Average	Mar-22
Jindal Stainless Limited	Metals - Ferrous	41	61	67	56	Adequate	Mar-23
Jindal Steel and Power Limited	Metals - Ferrous	34	58	54	48	Below Average	Mar-23
Jindal Worldwide Limited	Textile	23	35	67	44	Below Average	Mar-22
JK Cement Limited	Cement	45	54	65	56	Adequate	Mar-23
JK Lakshmi Cement Limited	Cement	40	66	65	57	Adequate	Mar-23
JK Paper Limited	Paper	46	55	66	56	Adequate	Mar-23
JK Tyre and Industries Limited	Tyre	45	61	58	54	Adequate	Mar-22
JM Financial Asset Reconstruction Company Limited	Financial Services (Others)	36	33	58	44	Below Average	Mar-22
JM Financial Credit Solutions Limited	NBFC	46	36	56	47	Below Average	Mar-23
JM Financial Limited	Financial Services (Others)	36	49	66	51	Adequate	Mar-22
JM Financial Products Limited	NBFC	48	38	67	53	Adequate	Mar-23
JM Financial Services Limited	Financial Services (Others)	36	32	56	43	Below Average	Mar-22
JMC Projects India Limited	Construction EPC	39	45	63	50	Adequate	Mar-22
John Deere Financial India Private Limited	NBFC	43	34	57	46	Below Average	Mar-23
Johnson Controls-Hitachi Air Conditioning India Limited	Durables & Electricals	28	40	59	44	Below Average	Mar-22
JSW Energy Limited	Power Thermal	49	64	72	62	Strong	Mar-23
JSW Holdings Limited	Holding company	40	50	64	52	Adequate	Mar-22
JSW Ispat Special Products Limited	Metals - Ferrous	17	31	63	39	Below Average	Mar-22
JSW Steel Limited	Metals - Ferrous	38	62	64	54	Adequate	Mar-23
JTEKT India Limited	Auto Ancillary	25	37	57	41	Below Average	Mar-22
Jubilant FoodWorks Limited	Food Retail	33	48	64	49	Adequate	Mar-22
Jubilant Ingrevia Limited	Chemicals - Speciality Chemicals	43	58	70	57	Adequate	Mar-23
Jubilant Pharmova Limited	Pharmaceuticals	51	50	65	56	Adequate	Mar-22
Just Dial Limited	Internet	35	45	65	49	Adequate	Mar-22
Jyothy Labs Limited	FMCG	42	55	76	59	Adequate	Mar-23
Jyoti Structures Limited	Industrials	27	28	57	39	Below Average	Mar-22

Company Name	Sector classification	Environment Score	Social Score	Governance Score	ESG Score	Category	Scoring period
K. P. R. Mill Limited	Textile	25	43	66	46	Adequate	Mar-22
Kajaria Ceramics Limited	Sanitary ware and Ceramics	42	60	63	55	Adequate	Mar-23
Kalpataru Projects International Limited	Construction EPC	40	59	63	54	Adequate	Mar-23
Kalyan Jewellers India Limited	Consumer Retail	28	42	71	49	Adequate	Mar-22
Kalyani Steels Limited	Metals - Ferrous	27	53	60	47	Below Average	Mar-23
Kama Holdings Limited	Holding company	21	43	69	46	Adequate	Mar-22
Kansai Nerolac Paints Limited	Paints	49	60	71	61	Strong	Mar-23
Kaveri Seed Co. Limited	Agri Commodities	24	39	59	42	Below Average	Mar-22
Kaynes Technology India Limited	Durables & Electricals	27	36	62	44	Below Average	Mar-22
KEC International Limited	Heavy Engineering	34	49	67	51	Adequate	Mar-22
KEI Industries Limited	Industrials	28	35	62	44	Below Average	Mar-22
Kennametal India Limited	Industrials	32	41	69	49	Adequate	Jun-22
Kesoram Industries Limited	Cement	30	44	68	49	Below Average	Mar-23
Kewal Kiran Clothing Limited	Textile	22	41	60	42	Below Average	Mar-22
KFIN Technologies Private Limited	Financial Services (Others)	36	40	67	49	Adequate	Mar-22
KIOCL Limited	Metals - Ferrous	29	58	56	47	Below Average	Mar-23
Kiri Industries Limited	Chemicals - Speciality Chemicals	18	39	61	40	Weak	Mar-23
Kirloskar Brothers Limited	Industrials	44	46	59	51	Adequate	Mar-22
Kirloskar Ferrous Industries Limited	Metals - Ferrous	30	58	72	54	Adequate	Mar-23
Kirloskar Industries Limited	Metals - Ferrous	14	36	73	43	Below Average	Mar-22
Kirloskar Oil Engines Limited	Industrials	49	48	68	57	Adequate	Mar-22
Kirloskar Pneumatic Company Limited	Industrials	31	39	70	49	Adequate	Mar-22
Kitex Garments Limited	Textile	25	41	61	44	Below Average	Mar-22
KMC Speciality Hospitals (India) Limited	Healthcare	32	61	66	53	Adequate	Mar-23
KNR Constructions Limited	Construction EPC	31	55	66	51	Adequate	Mar-23
Kolte-Patil Developers Limited	Real Estate	27	40	68	47	Adequate	Mar-22
Kopran Limited	Pharmaceuticals	25	45	69	48	Adequate	Mar-22
Kotak Mahindra Bank Limited	Banks	64	58	75	67	Strong	Mar-23
Kotak Mahindra Investments Limited	NBFC	47	38	56	48	Below Average	Mar-23
Kotak Mahindra Prime Limited	NBFC	44	41	59	50	Below Average	Mar-23
Kotak Securities Limited	Financial Services (Others)	36	36	61	46	Adequate	Mar-22
Kovai Medical Center and Hospital Limited	Healthcare	42	66	57	54	Adequate	Mar-23
KPIT Technologies Limited	IT	53	46	68	57	Adequate	Mar-23
Krbl Limited	Agri Commodities	37	47	55	46	Adequate	Mar-22
Krishna Institute of Medical Sciences Limited	Healthcare	41	47	65	52	Adequate	Mar-23
Krsnaa Diagnostics Limited	Healthcare	44	58	67	57	Adequate	Mar-23
KSB Limited	Industrials	28	39	62	45	Below Average	Dec-21
L G Balakrishnan and Bros Limited	Auto Ancillary	25	34	65	43	Below Average	Mar-22
L&T Finance Limited (formerly L&T Finance Holdings Limited)	NBFC	59	62	70	64	Strong	Mar-23
L&T Finance Limited (merged with L&T Finance Holdings Limited effective December 4, 2023)	NBFC	61	47	65	59	Adequate	Mar-22
L&T Technology Services Limited	IT	63	67	72	68	Strong	Mar-23
LA Opala R G Limited	Consumer Retail	29	41	62	45	Below Average	Mar-22
Lakshmi Machine Works Limited	Industrials	32	34	67	46	Adequate	Mar-22
Landmark Cars Limited	Consumer Retail	27	35	58	41	Below Average	Mar-22
Larsen and Toubro Limited	Construction EPC	51	68	68	62	Strong	Mar-23
Latent View Analytics Limited	IT	45	42	70	54	Adequate	Mar-23
Laurus Labs Limited	Pharmaceuticals	42	56	72	58	Adequate	Mar-22
Laxmi Organic Industries Limited	Chemicals - Speciality Chemicals	40	50	67	53	Adequate	Mar-23
Lemon Tree Hotels Limited	Hotels	45	56	67	57	Adequate	Mar-23
LIC Housing Finance Limited	NBFC	52	60	74	63	Strong	Mar-23
Life Insurance Corporation of India	Insurance	40	63	63	55	Adequate	Mar-23
Linde India Limited	Industrials	38	37	66	49	Adequate	Dec-21
Lloyds Metals and Energy Limited	Metals - Ferrous	31	42	71	50	Below Average	Mar-23
LT Foods Limited	FMCG	41	41	67	51	Adequate	Mar-22
LTIMindtree Limited	IT	76	69	75	74	Leadership	Mar-23
Lumax Auto Technologies Limited	Auto Ancillary	30	31	68	46	Adequate	Mar-22
Lumax Industries Limited	Auto Ancillary	28	31	63	43	Below Average	Mar-22
Lupin Limited	Pharmaceuticals	45	61	67	58	Adequate	Mar-22
Lux Industries Limited	Textile	24	37	66	44	Below Average	Mar-22
Macrotech Developers Limited	Real Estate	59	54	74	64	Strong	Mar-22
Mahanagar Gas Limited	Oil & Gas - Gas	38	61	68	56	Adequate	Mar-23
Mahanagar Telephone Nigam Limited	Telecom	28	39	62	44	Below Average	Mar-22
Maharashtra Scooters Limited	Holding company	56	55	69	61	Strong	Mar-22
Maharashtra Seamless Limited	Metals - Linked Products	27	55	70	51	Adequate	Mar-23
Mahindra and Mahindra Financial Services Limited	NBFC	56	63	73	64	Strong	Mar-23
Mahindra and Mahindra Limited	Auto OEM	55	59	72	63	Strong	Mar-23
Mahindra Holidays and Resorts India Limited	Hotels	41	39	69	52	Adequate	Mar-23
Mahindra Lifespace Developers Limited	Real Estate	52	53	73	61	Strong	Mar-22
Mahindra Logistics Limited	Logistics	41	51	75	57	Adequate	Mar-23
Mahindra Rural Housing Finance Limited	NBFC	48	49	62	54	Adequate	Mar-23
Maithon Alloys	Metals - Ferrous	29	45	67	48	Below Average	Mar-23
Man Infraconstruction Limited	Construction EPC	28	36	67	46	Below Average	Mar-23
Manali Petrochemicals Limited	Chemicals - Bulk & Polymers	26	55	66	50	Below Average	Mar-23
Manappuram Finance Limited	NBFC	53	59	76	64	Strong	Mar-23
Mangalam Cement Limited	Cement	36	55	61	51	Adequate	Mar-23
Mangalore Refinery and Petrochemicals Limited	Oil & Gas - Refining & Marketing	41	60	65	56	Adequate	Mar-23
Mankind Pharma Limited	Pharmaceuticals	25	49	62	46	Adequate	Mar-22
Manorama Industries Limited	FMCG	36	58	72	56	Adequate	Mar-23
Marico Limited	FMCG	58	59	73	64	Strong	Mar-23
Marksans Pharma Limited	Pharmaceuticals	26	45	66	47	Adequate	Mar-22
Maruti Suzuki India Limited	Auto OEM	43	61	67	57	Adequate	Mar-23
MAS Financial Services Limited	NBFC	55	58	68	61	Strong	Mar-23
Mastek Limited	IT	50	68	70	63	Strong	Mar-22
Matrimony.com Limited	Internet	36	40	72	51	Adequate	Mar-22
Max Financial Services Limited	Insurance	47	61	66	58	Adequate	Mar-23
Max Healthcare Institute Limited	Healthcare	58	62	70	64	Strong	Mar-23
Mayur Uniquoters Limited	Textile	24	41	68	46	Adequate	Mar-22
Mazagon Dock Shipbuilders Limited	Shipbuilding	27	46	59	45	Below Average	Mar-22
Medplus Health Services Limited	Multi-brand retail	32	39	62	46	Adequate	Mar-22
MEP Infrastructure Developers Limited	Transport Infra - Roads	24	29	48	35	Below Average	Mar-22
Metro Brands Limited	Consumer Retail	28	43	71	49	Adequate	Mar-22
Metropolis Healthcare Limited	Healthcare	42	53	69	56	Adequate	Mar-23
Minda Corporation Limited	Auto Ancillary	28	35	63	44	Below Average	Mar-22
Mindspace Business Parks REIT (Mindspace REIT)	REIT	40	36	55	45	Below Average	Mar-22
MindTree Limited	IT	74	68	80	75	Leadership	Mar-22
Mirza International Limited	Consumer Retail	31	45	61	47	Adequate	Mar-22
Mishra Dhatu Nigam Limited	Metals - Linked Products	21	41	58	41	Below Average	Mar-22
MM Forgings Limited	Auto Ancillary	26	30	64	42	Below Average	Mar-22
Mmtc Limited	Logistics	24	38	47	36	Below Average	Mar-22
Moil Limited	Mining	25	52	60	46	Below Average	Mar-23
Mold-Tek Packaging Limited	Consumer Retail	30	46	69	50	Adequate	Mar-22
Morepen Laboratories Limited	Pharmaceuticals	27	47	64	47	Adequate	Mar-22
Motherson Sumi Wiring India Limited	Industrials	46	48	65	54	Adequate	Mar-22
Motilal Oswal Financial Services Limited	Financial Services (Others)	42	57	70	57	Adequate	Mar-22
Motilal Oswal Home Finance Limited	NBFC	46	44	65	53	Adequate	Mar-23
Mphasis Limited	IT	63	52	70	63	Strong	Mar-23
MPS Limited	IT	39	49	68	53	Adequate	Mar-23
MRF Limited	Tyre	30	44	55	43	Below Average	Mar-22
Mrs.Bectors Food Specialities Limited	FMCG	39	52	70	55	Adequate	Mar-23
Mstc Limited	Internet	35	43	64	49	Adequate	Mar-22
MTAR Technologies Limited	Industrials	29	39	75	50	Adequate	Mar-22
Mukand Limited	Metals - Ferrous	32	58	68	53	Adequate	Mar-23
Multi Commodity Exchange of India Limited	Financial Services (Others)	51	50	76	61	Strong	Mar-22
Music Broadcast Limited	Media	37	47	69	52	Adequate	Mar-22
Muthoot Finance Limited	NBFC	53	65	67	62	Strong	Mar-23
Nabha Power Limited	Power Thermal	18	31	51	35	Below Average	Mar-22
Nagarjuna Agro Chemicals Private Limited	Chemicals - Speciality Chemicals	26	56	68	50	Below Average	Mar-23
Nahar Spinning Mills Limited	Textile	31	61	70	54	Adequate	Mar-22
Narayana Hrudayalaya Limited	Healthcare	37	50	72	54	Adequate	Mar-23
Natco Pharma Limited	Pharmaceuticals	48	66	65	59	Adequate	Mar-22
National Aluminium Company Limited	Metals - Non-Ferrous	29	64	56	48	Below Average	Mar-23
National Bank For Agriculture and Rural Development	DFI-Unlisted	64	53	41	52	Adequate	Mar-22
National Cooperative Development Corporation	DFI-Unlisted	54	41	30	41	Below Average	Mar-22
National Fertilizers Limited	Chemicals - Fertilizers	33	51	63	50	Below Average	Mar-23
National Highways Authority of India	Transport Infra - Roads	40	43	26	35	Below Average	Mar-22
National Housing Bank	DFI-Unlisted	56	46	47	50	Adequate	Jun-22
National Stock Exchange of India Limited	Financial Services (Others)	55	57	67	60	Adequate	Mar-22
Nava Limited	Power Thermal	18	36	71	44	Below Average	Mar-23
Navin Fluorine International Limited	Chemicals - Speciality Chemicals	41	57	62	53	Adequate	Mar-23
Navneet Education Limited	Publishing	33	52	65	51	Adequate	Mar-22
Nayara Energy Limited	Oil & Gas - Refining & Marketing	22	35	55	38	Below Average	Mar-22
Nazara Technologies Limited	Internet	36	61	70	56	Adequate	Mar-22
NBCC (India) Limited	Construction EPC	30	51	65	49	Below Average	Mar-23
NCC Limited	Construction EPC	30	57	66	51	Adequate	Mar-23
NCL Industries Limited	Cement	17	29	66	39	Weak	Mar-23
NELCO Limited	Telecom	27	39	71	48	Adequate	Mar-22
Neogen Chemicals Limited	Chemicals - Speciality Chemicals	36	57	72	56	Adequate	Mar-23
Nesco Limited	Industrials	28	36	66	45	Below Average	Mar-22
Nestle India Limited	FMCG	45	58	74	60	Adequate	Dec-22
Network18 Media and Investments Limited	Media	38	46	72	54	Adequate	Mar-22
Neuland Laboratories Limited	Pharmaceuticals	44	52	67	56	Adequate	Mar-22
Newgen Software Technologies Limited	IT	55	61	69	62	Strong	Mar-23
NHPC Limited	Power Renewable (Hydro, Nuclear)	36	57	59	51	Adequate	Mar-23
Niit Limited	IT	56	57	68	61	Strong	Mar-23
Nilkamal Limited	Consumer Retail	33	45	65	49	Adequate	Mar-22
Nippon Life India Asset Management Limited	Financial Services (AMC)	52	54	71	60	Adequate	Mar-22
Nirlon Limited	Real Estate	27	34	75	48	Adequate	Mar-22
Nitin Spinners Limited	Textile	37	61	69	56	Adequate	Mar-22
NLC India Limited	Power Thermal	31	58	65	51	Adequate	Mar-23
Nmdc Limited	Mining	38	60	54	50	Below Average	Mar-23
NOCIL Limited	Chemicals - Speciality Chemicals	38	60	70	56	Adequate	Mar-23
Novartis India Limited	Pharmaceuticals	25	45	66	47	Adequate	Mar-22
NRB Bearings Limited	Auto Ancillary	25	32	74	46	Adequate	Mar-22
NTPC Limited	Power Thermal	40	62	66	56	Adequate	Mar-23
Nuclear Power Corporation of India Limited	Power Renewable (Hydro, Nuclear)	17	31	53	35	Weak	Mar-23
Nureca Limited	Durables & Electricals	35	39	64	47	Adequate	Mar-22
Nuvoco Vistas Corporation Limited	Cement	41	57	66	55	Adequate	Mar-23
Nxtdigital Limited	Holding company	36	37	59	45	Below Average	Mar-22
Oberoi Realty Limited	Real Estate	32	37	70	49	Adequate	Mar-22
Oil and Natural Gas Corporation Limited	Oil & Gas - Exploration & Production	31	42	60	46	Below Average	Mar-23
Oil India Limited	Oil & Gas - Exploration & Production	29	61	62	50	Below Average	Mar-23
Omaxe Limited	Real Estate	24	34	54	38	Below Average	Mar-22
One 97 Communications Limited	Financial Services (Others)	37	46	51	45	Below Average	Mar-22
ONGC Petro additions Limited	Chemicals - Bulk & Polymers	21	23	57	36	Weak	Mar-23
Onmobile Global Limited	Internet	39	58	66	55	Adequate	Mar-22
Oracle Financial Services Software Limited	IT	51	58	69	60	Adequate	Mar-23
Orchid Pharma Limited	Pharmaceuticals	27	46	67	48	Adequate	Mar-22
Orient Cement Limited	Cement	44	57	69	57	Adequate	Mar-23
Orient Electric Limited	Durables & Electricals	29	38	73	49	Adequate	Mar-22
Oriental Aromatics Limited	Chemicals - Speciality Chemicals	32	40	60	45	Below Average	Mar-23
Oriental Carbon and Chemicals Limited	Commodity Chemicals	31	54	60	49	Below Average	Mar-23
Oriental Hotels Limited	Hotels	42	54	69	56	Adequate	Mar-23

Company Name	Sector classification	Environment Score	Social Score	Governance Score	ESG Score	Category	Scoring period
Page Industries Limited	Textile	50	49	73	59	Adequate	Mar-22
Paisalo Digital Limited	NBFC	51	51	66	57	Adequate	Mar-23
Panacea Biotec Limited	Pharmaceuticals	27	50	59	45	Below Average	Mar-22
Panama Petrochem Limited	Lubricants	25	41	65	45	Below Average	Mar-22
Panatone Finvest Limited	Holding company	56	45	39	46	Adequate	Mar-22
Paras Defence and Space Technologies Limited	Industrials	27	33	65	44	Below Average	Mar-22
Patanjali Foods Limited	FMCG	41	57	63	54	Adequate	Mar-23
Patel Engineering Limited	Construction EPC	37	57	65	53	Adequate	Mar-23
PB Fintech Limited	Financial Services (Others)	36	42	64	49	Adequate	Mar-22
PCBL Limited	Chemicals - Bulk & Polymers	45	58	75	60	Adequate	Mar-23
PDS Multinational Fashions Limited	Consumer Retail	32	40	66	48	Adequate	Mar-22
Persistent Systems Limited	IT	75	70	77	74	Leadership	Mar-23
Petronet LNG Limited	Oil & Gas - Gas	40	63	65	56	Adequate	Mar-23
Pfizer Limited	Pharmaceuticals	31	49	68	50	Adequate	Mar-22
PG Electroplast Limited	Durables & Electricals	28	34	59	42	Below Average	Mar-22
Phoenix Mills Limited	Real Estate	34	34	68	47	Adequate	Mar-22
PI Industries Limited	Chemicals - Speciality Chemicals	44	57	72	58	Adequate	Mar-23
Pidilite Industries Limited	Chemicals - Speciality Chemicals	43	47	64	52	Adequate	Mar-23
Pilani Investment And Industries Corporation Limited	NBFC	46	32	69	52	Adequate	Mar-22
Pipeline Infrastructure Limited	InvIT	30	36	66	46	Adequate	Mar-22
Piramal Capital and Housing Finance Limited	NBFC	45	44	65	53	Adequate	Mar-23
Piramal Enterprises Limited	NBFC	53	57	64	58	Adequate	Mar-23
Pitti Engineering Limited	Industrials	29	37	66	46	Adequate	Mar-22
PNB Housing Finance Limited	NBFC	50	57	67	58	Adequate	Mar-23
PNC Infratech Limited	Construction EPC	30	54	63	49	Below Average	Mar-23
Pokarna Limited	Other Construction Material	25	20	59	38	Weak	Mar-23
Poly Medicure Limited	Durables & Electricals	30	40	66	47	Adequate	Mar-22
Polycab India Limited	Durables & Electricals	33	47	65	49	Adequate	Mar-22
Polyplex Corporation Limited	Chemicals - Bulk & Polymers	21	32	66	42	Below Average	Mar-22
Poonawalla Fincorp Limited	NBFC	49	59	67	59	Adequate	Mar-23
Power Finance Corporation Limited	DFI-Listed	43	56	63	54	Adequate	Mar-22
Power Grid Corporation of India Limited	Power T&D	47	67	57	56	Adequate	Mar-23
Power Mech Projects Limited	Construction EPC	24	49	66	47	Below Average	Mar-23
POWERGRID Infrastructure Investment Trust	Power T&D	24	19	50	33	Weak	Mar-23
Praj Industries Limited	Heavy Engineering	28	41	64	46	Adequate	Mar-22
Prataap Snacks Limited	FMCG	42	52	65	54	Adequate	Mar-23
Premier Explosives Limited	Chemicals - Speciality Chemicals	14	26	61	36	Weak	Mar-23
Prestige Estates Projects Limited	Real Estate	30	36	64	45	Below Average	Mar-22
Prime Focus Limited	IT	39	43	63	49	Adequate	Mar-22
Primo Chemicals Limited	Commodity Chemicals	35	40	69	50	Below Average	Mar-23
Prince Pipes and Fittings Limited	Plastic Products - Pipes	55	60	66	60	Adequate	Mar-23
Prism Johnson Limited	Cement	34	56	67	53	Adequate	Mar-23
Privi Speciality Chemicals Limited	Chemicals - Speciality Chemicals	39	61	66	55	Adequate	Mar-23
Procter & Gamble Health Limited	Pharmaceuticals	27	47	66	48	Adequate	Jun-22
Procter and Gamble Hygiene and Health Care Limited	FMCG	45	56	69	57	Adequate	Jun-23
PSP Projects Limited	Construction EPC	43	60	65	56	Adequate	Mar-23
PTC India Financial Services Limited	NBFC	55	50	52	52	Adequate	Mar-23
PTC India Limited	Financial Services (Others)	36	42	44	41	Below Average	Mar-22
Pune Solapur Expressways Private Limited	Transport Infra - Roads	24	26	41	32	Below Average	Mar-22
Punjab and Sind Bank	Banks	53	58	61	58	Adequate	Mar-23
Punjab Chemicals and Crop Protection Limited	Chemicals - Speciality Chemicals	25	56	68	50	Below Average	Mar-23
Punjab National Bank	Banks	49	64	62	58	Adequate	Mar-23
Puravankara Limited	Real Estate	27	38	64	44	Below Average	Mar-22
PVR INOX Limited	Media	47	47	61	52	Adequate	Mar-22
Quess Corp Limited	Staffing	44	51	69	56	Adequate	Mar-22
R Systems International Limited	IT	43	41	72	54	Adequate	Dec-22
Radiant Cash Management Services Private Limited	Logistics	23	33	58	40	Below Average	Mar-22
Radico Khaitan Limited	FMCG	42	46	64	52	Adequate	Mar-23
Rail Vikas Nigam Limited	Construction EPC	32	58	58	49	Below Average	Mar-23
Railtel Corporation of India Limited	Telecom	28	34	63	44	Below Average	Mar-22
Rain Industries Limited	Chemicals - Bulk & Polymers	26	56	72	52	Adequate	Dec-22
Rainbow Childrens Medicare Limited	Healthcare	46	61	71	60	Adequate	Mar-23
Rajesh Exports Limited	Consumer Retail	28	39	65	46	Adequate	Mar-22
Rajratan Global Wire Limited	Metals - Linked Products	26	37	68	46	Adequate	Mar-22
Rallis India Limited	Chemicals - Speciality Chemicals	42	60	73	59	Adequate	Mar-23
Ramco Industries Limited	Other Construction Material	33	55	65	51	Adequate	Mar-23
Ramco Systems Limited	IT	43	46	65	53	Adequate	Mar-23
Ramkrishna Forgings Limited	Auto Ancillary	25	39	70	47	Adequate	Mar-22
Ramky Infrastructure Limited	Construction EPC	25	57	65	49	Below Average	Mar-23
Rane Holdings Limited	Auto Ancillary	25	34	68	45	Below Average	Mar-22
Rashtriya Chemicals and Fertilizers Limited	Chemicals - Fertilizers	34	48	62	49	Below Average	Mar-23
Rategain Travel Technologies Limited	IT	38	42	61	48	Adequate	Mar-22
Ratnamani Metals and Tubes Limited	Metals - Linked Products	37	53	66	53	Adequate	Mar-23
RattanIndia Enterprises Limited	Internet	34	38	66	48	Adequate	Mar-22
Rattanindia Power Limited	Power Thermal	26	50	65	48	Below Average	Mar-23
Raymond Limited	Textile	25	40	68	46	Adequate	Mar-22
RBL Bank Limited	Banks	60	53	69	62	Strong	Mar-23
REC Limited	DFI-Listed	53	63	72	63	Strong	Mar-22
Redington Limited	Logistics	32	53	76	55	Adequate	Mar-22
Relaxo Footwears Limited	Consumer Retail	30	43	71	50	Adequate	Mar-22
Reliance Industrial Infrastructure Limited	Logistics	27	50	64	48	Below Average	Mar-23
Reliance Industries Limited	Diversified	41	46	68	53	Adequate	Mar-22
Reliance Infrastructure Limited	Power T&D	43	42	68	53	Adequate	Mar-23
Reliance Jio Infocomm Limited	Telecom	47	34	60	49	Adequate	Mar-22
Reliance Power Limited	Power Thermal	30	36	55	41	Below Average	Mar-23
Reliance Retail Ventures Limited	Multi-brand retail	33	35	51	41	Below Average	Mar-22
Religare Enterprises Limited	Holding company	40	38	55	45	Below Average	Mar-22
Renaissance Global Limited	Consumer Retail	31	44	66	48	Adequate	Mar-22
Repco Home Finance Limited	NBFC	46	60	69	59	Adequate	Mar-23
Responsive Industries Limited	Plywood Board	24	55	60	46	Below Average	Mar-23
Restaurant Brands Asia Limited	Food Retail	27	43	64	46	Adequate	Mar-22
RHI Magnesita India Limited	Industrials	30	36	74	49	Adequate	Mar-22
Rites Limited	Construction EPC	36	63	61	53	Adequate	Mar-23
Rolex Rings Limited	Auto Ancillary	26	34	67	44	Below Average	Mar-22
Rossari Biotech Limited	Chemicals - Speciality Chemicals	33	33	71	48	Below Average	Mar-23
Route Mobile Limited	IT	45	66	72	61	Strong	Mar-22
RPSG Ventures Limited	IT	36	52	69	53	Adequate	Mar-22
Rupa & Company Limited	Textile	22	39	67	44	Below Average	Mar-22
S Chand and Company Limited	Publishing	25	41	71	47	Adequate	Mar-22
S H Kelkar And Company Limited	FMCG	41	42	71	53	Adequate	Mar-23
S. P. Apparels Limited	Textile	26	39	64	45	Below Average	Mar-22
S.J.S. Enterprises Limited	Auto Ancillary	25	31	71	45	Below Average	Mar-22
Sadbhav Engineering Limited	Transport Infra - Roads	26	33	48	37	Below Average	Mar-22
Sadbhav Engineering Limited	Construction EPC	20	25	41	30	Weak	Mar-23
Sadbhav Infrastructure Project Limited	Construction EPC	20	29	53	35	Weak	Mar-23
Sagar Cements Limited	Cement	39	51	65	53	Adequate	Mar-23
Samvardhana Motherson International Limited	Auto Ancillary	41	49	67	53	Adequate	Mar-22
Sandhar Technologies Limited	Auto Ancillary	26	30	65	43	Below Average	Mar-22
Sangam (India) Limited	Textile	22	35	66	43	Below Average	Mar-22
Sanofi India Limited	Pharmaceuticals	63	58	69	64	Strong	Dec-21
Sansera Engineering Limited	Auto Ancillary	27	40	64	45	Below Average	Mar-22
Sapphire Foods India Limited	Food Retail	34	40	66	48	Adequate	Mar-22
Sarda Energy and Minerals Limited	Metals - Ferrous	30	54	62	49	Below Average	Mar-23
Saregama India Limited	Media	40	41	77	55	Adequate	Mar-22
Sasken Technologies Limited	IT	64	58	60	61	Strong	Mar-23
Satin Creditcare Network Limited	NBFC	58	62	68	63	Strong	Mar-23
Savita Oil Technologies Ltd	Lubricants	32	36	63	45	Below Average	Mar-22
SBI Cards and Payment Services Limited	NBFC	58	63	69	64	Strong	Mar-23
SBI Life Insurance Company Limited	Insurance	44	62	67	58	Adequate	Mar-23
Schaeffler India Limited	Auto Ancillary	40	34	74	52	Adequate	Dec-21
Schneider Electric Infrastructure Limited	Durables & Electricals	32	37	72	49	Adequate	Mar-22
Seamec Limited	Shipping	29	54	66	50	Below Average	Mar-23
SEL Manufacturing Company Limited	Textile	21	33	46	34	Below Average	Mar-22
Sequent Scientific Limited	Pharmaceuticals	28	46	66	48	Adequate	Mar-22
Seshasayee Paper and Boards Limited	Paper	40	54	67	54	Adequate	Mar-23
Shaily Engineering Plastics Limited	Industrials	29	36	70	47	Adequate	Mar-22
Shalby Limited	Healthcare	37	61	70	56	Adequate	Mar-23
Shankara Building Products Limited	Building material	26	50	71	50	Adequate	Mar-22
Shanthi Gears Limited	Auto Ancillary	25	36	69	45	Below Average	Mar-22
Sharda Cropchem Limited	Chemicals - Speciality Chemicals	23	43	63	44	Below Average	Mar-23
Sharda Motor Industries Limited	Auto Ancillary	24	35	71	46	Adequate	Mar-22
Sheela Foam Limited	Consumer Retail	32	46	64	48	Adequate	Mar-22
Shilpa Medicare Limited	Pharmaceuticals	27	47	60	45	Below Average	Mar-22
Shipping Corporation of India Limited	Shipping	27	55	59	47	Below Average	Mar-23
Shoppers Stop Limited	Multi-brand retail	39	55	64	53	Adequate	Mar-22
Shree Cement Limited	Cement	49	59	65	58	Adequate	Mar-23
Shree Renuka Sugars Limited	Sugar	33	39	60	45	Below Average	Mar-22
Shriram City Union Finance Limited	NBFC	52	53	73	60	Adequate	Mar-22
Shriram Finance Limited	NBFC	49	64	73	62	Strong	Mar-23
Shriram Properties Limited	Real Estate	25	34	67	44	Below Average	Mar-22
Shyam Metalics and Energy Limited	Metals - Ferrous	28	59	66	51	Adequate	Mar-23
Siemens Limited	Industrials	50	54	64	57	Adequate	Sep-22
Sikka Ports & Terminals Limited	Ports	16	34	54	36	Below Average	Mar-22
Simplex Infrastructures Limited	Construction EPC	20	29	56	37	Weak	Mar-23
SIS Limited	Staffing	38	64	71	58	Adequate	Mar-22
Siyaram Silk Mills Limited	Textile	21	39	61	42	Below Average	Mar-22
SJVN Limited	Power Renewable (Hydro, Nuclear)	45	63	59	55	Adequate	Mar-23
SKF India Limited	Industrials	46	42	67	54	Adequate	Mar-22
Small Industries Development Bank of India	DFI-Unlisted	57	48	56	54	Adequate	Mar-22
SMFG India Credit Company Limited	NBFC	48	46	62	53	Adequate	Mar-23
Sobha Limited	Real Estate	29	37	70	47	Adequate	Mar-22
Solar Industries India Limited	Chemicals - Speciality Chemicals	33	43	65	48	Below Average	Mar-23
Solara Active Pharma Sciences Limited	Pharmaceuticals	28	48	54	43	Below Average	Mar-22
Somany Ceramics Limited	Sanitary ware and Ceramics	43	59	62	54	Adequate	Mar-23
Sona BLW Precision Forgings Limited	Auto Ancillary	46	46	69	55	Adequate	Mar-22
Sonata Software Limited	IT	65	68	66	66	Strong	Mar-23
Sp Jammu Udhampur Highway Limited	Transport Infra - Roads	25	27	28	27	Weak	Mar-22
Spandana Sphoorty Financial Limited	NBFC	53	62	61	58	Adequate	Mar-23
SpiceJet Limited	Airlines	27	27	55	38	Below Average	Mar-22
SRF Limited	Chemicals - Speciality Chemicals	32	51	66	50	Below Average	Mar-23
Star Cement Limited	Cement	44	43	58	50	Below Average	Mar-23
Star Health and Allied Insurance Company Limited	Insurance	43	52	68	55	Adequate	Mar-23
State Bank of India	Banks	60	68	67	65	Strong	Mar-23
Steel Authority of India Limited	Metals - Ferrous	33	61	53	48	Below Average	Mar-23
Steel Strips Wheels Limited	Auto Ancillary	26	35	66	44	Below Average	Mar-22
Sterling And Wilson Renewable Energy Limited	Construction EPC	34	53	56	47	Below Average	Mar-23
Sterlite Technologies Limited	Telecom	48	47	67	55	Adequate	Mar-22
Stove Kraft Limited	Consumer Retail	33	47	77	54	Adequate	Mar-22
Strides Pharma Science Limited	Pharmaceuticals	35	46	61	48	Adequate	Mar-22
Stylam Industries Limited	Plywood Board	29	58	65	51	Adequate	Mar-23
Styrenix Performance Materials Limited	Chemicals - Bulk & Polymers	21	36	60	40	Below Average	Mar-22
Subex Limited	IT	46	59	68	58	Adequate	Mar-23
Subros Limited	Auto Ancillary	25	37	60	42	Below Average	Mar-22
Sudarshan Chemical Industries Limited	Chemicals - Speciality Chemicals	35	61	67	54	Adequate	Mar-23
Sumitomo Chemical India Limited	Chemicals - Speciality Chemicals	41	41	68	52	Adequate	Mar-23
Sun Pharma Advanced Research Co. Limited	Pharmaceuticals	24	46	70	48	Adequate	Mar-22
Sun Pharmaceutical Industries Limited	Pharmaceuticals	57	66	60	60	Adequate	Mar-22
Sun TV Network Limited	Media	36	40	63	48	Adequate	Mar-22
Sundaram Finance Limited	NBFC	46	58	72	60	Adequate	Mar-23
Sundaram Home Finance Limited	NBFC	46	40	63	52	Adequate	Mar-23
Sundram Fasteners Limited	Auto Ancillary	28	34	71	47	Adequate	Mar-22
Sunflag Iron and Steel Co.Limited	Metals - Ferrous	28	50	67	49	Below Average	Mar-23
Sunteck Realty Limited	Real Estate	36	35	65	47	Adequate	Mar-22
Suprajit Engineering Limited	Auto Ancillary	25	32	65	43	Below Average	Mar-22
Supreme Petrochem Limited	Chemicals - Bulk & Polymers	42	56	62	54	Adequate	Mar-23
Supriya Lifescience Limited	Pharmaceuticals	32	47	67	50	Adequate	Mar-22
Surya Roshni Limited	Metals - Linked Products	42	59	65	56	Adequate	Mar-23
Suryoday Small Finance Bank Limited	Banks	58	54	78	65	Strong	Mar-23
Suven Life Sciences Limited	Pharmaceuticals	24	45	66	46	Adequate	Mar-22
Suven Pharmaceuticals Limited	Pharmaceuticals	26	46	68	48	Adequate	Mar-22
Suzlon Energy Limited	Power Renewable (Solar, Wind)	40	41	67	51	Adequate	Mar-22
Swan Mills Limited	Oil & Gas - Gas	27	33	61	42	Below Average	Mar-22
Swaraj Engines Limited	Industrials	38	39	67	50	Adequate	Mar-22
Symphony Limited	Durables & Electricals	36	53	68	53	Adequate	Mar-22
Syngene International Limited	Pharmaceuticals	54	67	77	67	Strong	Mar-22
Syrma SGS Technology Limited	Durables & Electricals	28	27	62	41	Below Average	Mar-22

Company Name	Sector classification	Environment Score	Social Score	Governance Score	ESG Score	Category	Scoring period
Taj G V K Hotels and Resorts Limited	Hotels	35	49	60	48	Below Average	Mar-23
Talwandi Sabo Power Limited	Power Thermal	20	29	53	35	Below Average	Mar-22
Tamil Nadu Newsprint and Papers Limited	Paper	36	68	65	56	Adequate	Mar-23
Tanla Platforms Limited	IT	64	57	69	64	Strong	Mar-23
Tarsons Products Limited	Industrials	27	36	66	45	Below Average	Mar-22
Tata Capital Financial Services Limited	NBFC	49	45	63	53	Adequate	Mar-23
Tata Capital Housing Finance Limited	NBFC	46	42	68	54	Adequate	Mar-23
Tata Capital Limited	Holding company	50	43	67	55	Adequate	Mar-22
Tata Chemicals Limited	Commodity Chemicals	32	55	74	54	Adequate	Mar-23
Tata Coffee Limited	FMCG	36	44	73	52	Adequate	Mar-22
Tata Communications Limited	Telecom	61	45	66	59	Adequate	Mar-22
Tata Consultancy Services Limited	IT	78	73	72	75	Leadership	Mar-23
Tata Consumer Products Limited	FMCG	44	47	75	57	Adequate	Mar-23
Tata Elxsi Limited	IT	60	57	73	65	Strong	Mar-23
Tata Housing Development Company Limited	Real Estate	25	28	65	42	Below Average	Mar-22
Tata Investment Corporation Limited	Holding company	46	56	65	56	Adequate	Mar-22
Tata Metaliks Limited	Metals - Ferrous	38	59	68	55	Adequate	Mar-23
Tata Motors Finance Limited (Formerly Tata Motors Finance Solutions Limited)	NBFC	50	41	66	54	Adequate	Mar-22
Tata Motors Limited	Auto OEM	53	67	68	63	Strong	Mar-23
Tata Power Renewable Energy Limited	Power Renewable (Solar, Wind)	38	38	66	49	Adequate	Mar-22
Tata Projects Limited	Construction EPC	40	40	64	50	Below Average	Mar-23
Tata Realty and Infrastructure Limited	Real Estate	25	29	60	40	Below Average	Mar-22
Tata Sons Private Limited	Holding company	42	48	54	48	Adequate	Mar-22
Tata Steel Limited	Metals - Ferrous	38	61	68	56	Adequate	Mar-23
Tata Steel Long Products Limited	Metals - Ferrous	33	59	65	52	Adequate	Mar-23
Tata Teleservices (Maharashtra) Limited	Telecom	28	40	69	47	Adequate	Mar-22
Tata Teleservices Limited	Telecom	28	37	60	43	Below Average	Mar-22
Tatva Chintan Pharma Chem Limited	Chemicals - Speciality Chemicals	36	56	63	52	Adequate	Mar-23
TCI Express Limited	Logistics	42	42	68	52	Adequate	Mar-23
TCNS Clothing Co. Limited	Textile	21	37	66	43	Below Average	Mar-22
TD Power Systems Limited	Industrials	28	37	69	47	Adequate	Mar-22
TeamLease Services Limited	Staffing	36	51	79	57	Adequate	Mar-22
Tech Mahindra Limited	IT	78	75	76	76	Leadership	Mar-23
Techno Electric And Engineering Company Limited	Construction EPC	30	57	56	47	Below Average	Mar-23
Technocraft Industries India Limited	Metals - Linked Products	30	61	67	53	Adequate	Mar-23
Tega Industries Limited	Industrials	31	35	65	45	Below Average	Mar-22
Tejas Networks Limited	Telecom	28	43	69	48	Adequate	Mar-22
Texmaco Rail & Engineering Limited	Heavy Engineering	27	41	61	44	Below Average	Mar-22
Thangamayil Jewellery Limited	Consumer Retail	27	43	63	46	Adequate	Mar-22
The Andhra Sugars Limited	Commodity Chemicals	19	43	58	41	Below Average	Mar-23
The Anup Engineering Limited	Heavy Engineering	26	37	62	43	Below Average	Mar-22
The Bombay Burmah Trading Corporation Limited	Holding company	27	41	65	46	Adequate	Mar-22
The Bombay Dyeing and Manufacturing Company Limited	Textile	24	43	66	45	Below Average	Mar-22
The Federal Bank Limited	Banks	56	64	72	65	Strong	Mar-23
The Great Eastern Shipping Company Limited	Shipping	30	49	71	51	Adequate	Mar-23
The India Cements Limited	Cement	36	57	49	47	Below Average	Mar-23
The Indian Hotels Company Limited	Hotels	47	47	70	56	Adequate	Mar-23
The Indian Hume Pipe Company Limited	Industrials	27	37	57	41	Below Average	Mar-22
The Jammu and Kashmir Bank Limited	Banks	53	59	68	61	Strong	Mar-23
The Karnataka Bank Limited	Banks	57	59	74	64	Strong	Mar-23
The Karur Vysya Bank Limited	Banks	59	61	75	66	Strong	Mar-23
The KCP Limited	Cement	26	52	61	46	Below Average	Mar-23
The New India Assurance Company Limited	Insurance	37	67	61	54	Adequate	Mar-23
The Orissa Minerals Development Company Limited	Mining	12	38	59	37	Weak	Mar-23
The Ramco Cements Limited	Cement	47	50	62	54	Adequate	Mar-23
The Sandur Manganese And Iron Ores Limited	Mining	31	55	71	53	Adequate	Mar-23
The South Indian Bank Limited	Banks	51	62	74	63	Strong	Mar-23
The Supreme Industries Limited	Plastic Products - Pipes	52	54	69	59	Adequate	Mar-23
The Tata Power Company Limited	Power Thermal	36	61	70	56	Adequate	Mar-23
The Tinplate Company of India Limited	Metals - Ferrous	18	39	72	45	Below Average	Mar-22
Themis Medicare Limited	Pharmaceuticals	25	45	68	47	Adequate	Mar-22
Thermax Limited	Heavy Engineering	35	45	65	50	Adequate	Mar-22
Thirumalai Chemicals Limited	Commodity Chemicals	37	50	62	50	Below Average	Mar-23
Thomas Cook India Limited	Internet	35	65	66	55	Adequate	Mar-22
Thyrocare Technologies Limited	Healthcare	38	59	63	53	Adequate	Mar-23
Tide Water Oil Co. India Limited	Lubricants	25	36	62	42	Below Average	Mar-22
Time Technoplast Limited	Industrials	27	34	64	44	Below Average	Mar-22
Timken India Limited	Industrials	43	51	67	55	Adequate	Mar-22
Tips Industries Limited	Media	36	33	66	47	Adequate	Mar-22
Titagarh Rail Systems Limited	Heavy Engineering	28	37	64	45	Below Average	Mar-22
Titan Company Limited	Consumer Retail	41	54	72	57	Adequate	Mar-22
TMF Business Services Limited	NBFC	43	35	64	50	Below Average	Mar-23
TMF Holdings Limited	Holding company	49	40	67	54	Adequate	Mar-22
Torrent Pharmaceuticals Limited	Pharmaceuticals	55	71	67	64	Strong	Mar-22
Torrent Power Limited	Power T&D	43	61	66	57	Adequate	Mar-23
Transport Corporation of India Limited	Logistics	38	41	66	50	Below Average	Mar-23
Trent Limited	Multi-brand retail	46	63	68	59	Adequate	Mar-22
Trident Limited	Textile	28	42	70	48	Adequate	Mar-22
Triveni Engineering and Industries Limited	Sugar	29	40	64	46	Adequate	Mar-22
Triveni Turbine Limited	Industrials	29	37	63	45	Below Average	Mar-22
TruCap Finance Limited	NBFC	49	41	71	56	Adequate	Mar-23
Ttk Healthcare Limited	FMCG	46	49	68	55	Adequate	Mar-23
TTK Prestige Limited	Consumer Retail	32	46	66	49	Adequate	Mar-22
Tube Investments Of India Limited	Auto Ancillary	29	35	69	46	Adequate	Mar-22
TV Today Network Limited	Media	38	46	65	51	Adequate	Mar-22
Tv18 Broadcast Limited	Media	36	44	73	53	Adequate	Mar-22
TVS Holdings Limited	Auto Ancillary	27	40	62	44	Below Average	Mar-22
TVS Motor Company Limited	Auto OEM	47	54	70	58	Adequate	Mar-23
TVS Srichakra Limited	Tyre	26	45	61	45	Below Average	Mar-22
UCO Bank	Banks	52	62	63	59	Adequate	Mar-23
Udaipur Cement Works Limited	Cement	33	57	65	52	Adequate	Mar-23
Uflex Limited	Chemicals - Bulk & Polymers	20	34	70	43	Below Average	Mar-22
Ujjivan Financial Services Limited	Holding company	57	53	69	61	Strong	Mar-22
Ujjivan Small Finance Bank Limited	Banks	60	56	76	65	Strong	Mar-23
UltraTech Cement Limited	Cement	46	54	69	57	Adequate	Mar-23
Unichem Laboratories Limited	Pharmaceuticals	27	48	66	48	Adequate	Mar-22
Union Bank of India	Banks	51	64	65	60	Adequate	Mar-23
Uniparts India Limited	Industrials	27	31	61	42	Below Average	Mar-22
United Breweries Limited	FMCG	48	40	69	55	Adequate	Mar-23
United Spirits Limited	FMCG	62	43	75	62	Strong	Mar-23
Uno Minda Limited	Auto Ancillary	34	33	64	46	Adequate	Mar-22
UPL Limited	Chemicals - Speciality Chemicals	49	58	72	60	Adequate	Mar-23
Usha Martin Limited	Metals - Linked Products	26	58	67	50	Below Average	Mar-23
UTI Asset Management Company Limited	Financial Services (AMC)	59	57	78	66	Strong	Mar-22
V Mart Retail Limited	Multi-brand retail	45	61	74	61	Strong	Mar-22
V.S.T. Tillers Tractors Limited	Auto OEM	39	52	68	54	Adequate	Mar-23
VA Tech Wabag Limited	Water and Waste Management	30	38	61	44	Below Average	Mar-22
Vaibhav Global Limited	Consumer Retail	39	48	67	52	Adequate	Mar-22
Vakrangee Limited	IT	51	57	68	59	Adequate	Mar-23
Valiant Organics Limited	Chemicals - Speciality Chemicals	28	43	65	47	Below Average	Mar-23
Vardhman Special Steels Limited	Metals - Ferrous	36	62	66	55	Adequate	Mar-23
Vardhman Textiles Limited	Textile	28	45	63	46	Adequate	Mar-22
Varroc Engineering Limited	Auto Ancillary	26	34	58	41	Below Average	Mar-22
Varun Beverages Limited	FMCG	37	48	69	53	Adequate	Dec-22
Vedant Fashions Limited	Consumer Retail	27	42	67	47	Adequate	Mar-22
Vedanta Limited	Metals - Non-Ferrous	41	47	61	51	Adequate	Mar-23
Venkys India Limited	FMCG	38	49	58	49	Below Average	Mar-23
Vesuvius India Limited	Industrials	30	36	65	46	Adequate	Dec-21
V-Guard Industries Limited	Durables & Electricals	28	39	74	49	Adequate	Mar-22
Vijaya Diagnostic Centre Limited	Healthcare	38	58	64	53	Adequate	Mar-23
Vimta Labs Limited	Pharmaceuticals	24	41	65	45	Below Average	Mar-22
Vinati Organics Limited	Chemicals - Speciality Chemicals	46	50	70	56	Adequate	Mar-23
Vindhya Telelinks Limited	Industrials	30	33	62	44	Below Average	Mar-22
VIP Industries Limited	Consumer Retail	29	45	67	48	Adequate	Mar-22
Vodafone Idea Limited	Telecom	30	42	51	42	Below Average	Mar-22
Voltamp Transformers Limited	Industrials	27	34	62	43	Below Average	Mar-22
Voltas Limited	Durables & Electricals	53	54	71	61	Strong	Mar-22
VRL Logistics Limited	Logistics	37	43	67	51	Adequate	Mar-23
VST Industries Limited	FMCG	52	31	68	53	Adequate	Mar-23
Walwhan Renewable Energy Limited	Power Renewable (Solar, Wind)	38	34	59	46	Adequate	Mar-22
Welspun Corp Limited	Metals - Linked Products	39	58	70	56	Adequate	Mar-23
Welspun Enterprises Limited	Construction EPC	34	57	72	55	Adequate	Mar-23
Welspun India Limited	Textile	55	64	72	64	Strong	Mar-22
Wendt India Limited	Industrials	29	39	74	49	Adequate	Mar-22
West Coast Paper Mills Limited	Paper	42	52	61	52	Adequate	Mar-23
Westlife Foodworld Limited	Holding company	26	28	63	41	Below Average	Mar-22
Wheels India Limited	Auto Ancillary	28	33	69	46	Adequate	Mar-22
Whirlpool of India Limited	Durables & Electricals	32	42	69	49	Adequate	Mar-22
Wipro Limited	IT	77	69	75	74	Leadership	Mar-23
Wockhardt Limited	Pharmaceuticals	26	52	61	46	Adequate	Mar-22
Wonderla Holidays Limited	Hotels	38	55	72	56	Adequate	Mar-23
Wpil Limited	Industrials	27	35	70	46	Adequate	Mar-22
YES Bank Limited	Banks	63	58	68	64	Strong	Mar-23
Zee Entertainment Enterprises Limited	Media	37	42	55	46	Adequate	Mar-22
Zensar Technologies Limited	IT	71	68	69	69	Strong	Mar-23
ZF Commercial Vehicle Control Systems India Limited	Auto Ancillary	45	43	66	53	Adequate	Mar-22
Zomato Limited	Internet	50	40	78	59	Adequate	Mar-22
Zydus Lifesciences Limited	Pharmaceuticals	51	56	71	60	Adequate	Mar-22
Zydus Wellness Limited	FMCG	52	48	68	58	Adequate	Mar-23

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CRISIL ESG Scores

CRISIL’s ESG scores are designed to support financial institutions and corporates to measure and monitor inherent ESG risks across their financial exposures - both equity and debt.

In the assessment of companies for the fiscal year 2022 CRISIL has enhanced ESG assessment framework, details of which are available in the methodology document.

Range of score category till FY2022: 0-30 Weak, 31-45 Below average, 46-60 Adequate, 61-70 Strong, 71-100 Leadership

Range of score category from FY2023 onwards: 0-40 Weak, 41-50 Below average, 51-60 Adequate, 61-70 Strong, 71-100 Leadership

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