EcoRatings Fintech Solutions, a branch of EcoRatings Software Solutions, has secured a SEBI license to provide ESG ratings. With this approval, the company can now deliver ESG ratings for listed and upcoming financial securities, as well as the issuing companies.
This move will help EcoRatings empower investors to identify and reduce risks associated with environmental, social, and governance factors. As a result, investors can safeguard their investments from potential negative impacts.
ESG ratings offer crucial advantages to companies striving for sustainable growth. They facilitate access to green loans with lower interest rates and provide competitive pricing that boosts revenue. Moreover, these ratings enhance a company’s chances of securing government incentives for sustainability initiatives.
With strong ESG ratings, businesses can stand out in the market, grow their export opportunities, and gain easier access to markets like the US and EU, where sustainability measures are highly valued.
Commenting on this Aqeel Ahmed, Director EcoRatings said, “EcoRatings is an established leader in providing ESG ratings for products and services. Uniquely positioned, EcoRatings leverages a fully AI-driven technology approach to calculate ESG ratings, making it likely the only company in India with this capability. The recent SEBI registration marks a significant advancement for the corporate and financial services sectors, enabling clients to access transparent and precise ESG ratings for their organizations as well as their listed and about-to-be listed financial securities. ESG ratings are becoming vital tools for assessing and managing risks across stakeholder groups. Companies can utilize ESG ratings to attract value-driven investments, aligning their strategies with the growing emphasis on sustainability in today’s business landscape.”
EcoRatings integrates top global and local ESG frameworks into its rating system. This approach helps businesses evaluate and improve their ESG performance effectively. By adopting these ratings, companies can align with global ESG standards, showcasing their commitment to sustainable practices. This alignment not only strengthens their brand reputation but also provides a competitive edge in both domestic and international markets.
