SHREECEM NSE filing

Shree Cement's ESG Score Revised Up to 61 by CRISIL, Retains 'Strong' Rating

The RealCase readMedium impact Positive

Shree Cement's ESG score has been revised upwards to 61 by CRISIL, retaining its 'Strong' rating. The company also received a CRISIL Core ESG 66 rating. CRISIL recognized Shree Cement as a top performer in the cement sector.

Why it matters

An improved ESG rating can enhance investor confidence and potentially attract ESG-focused investments, impacting the company's long-term valuation and access to capital.

The market read

The upward revision of the ESG score and retention of a 'Strong' rating are positive indicators for the company's environmental, social, and governance performance.

Shree Cement Limited has received an updated ESG rating from CRISIL ESG Ratings & Analytics Limited.

CRISIL has assigned an overall ESG Score of 61 to the company, marking an upward revision of four points from its previous score of 57. The company has retained its 'Strong' rating category. Additionally, Shree Cement has been assigned a CRISIL Core ESG 66 rating based on BRSR Core parameters. CRISIL has also recognized the company as a top performer within the cement sector.

It is important to note that Shree Cement Limited did not engage CRISIL for this ESG rating; the rating was independently assigned by CRISIL based on publicly available data.

Filing to action

What to do with a filing like this

SHREE CEMENT LIMITED filed this with the NSE as a statutory disclosure, categorised under esg reports. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by SHREE CEMENT LIMITED. Read the original for the full detail.

View original filing