Corporate Actions

BASF India receives "Leader" ESG rating and AAA debt rating from CRISIL for Rs 1000 Crore

16-Oct-26   17:30 Hrs IST

BASF India Ltd announced initial ESG ratings from NSE Sustainability Ratings & Analytics Limited, assigning a score of 74 for the FY2026 ESG Rating, with previous ratings of 72 for FY2025, and categorizing the company as a "Leader" demonstrating exceptional ESG maturity. The ratings, which assess management of ESG issues, reflect environmental scores of 72 (with a revision driven by GHG emissions, renewable energy usage, and waste recycling), a social score of 76 (influenced by a lost time incident rate higher than peers), and a governance score of 73; a Core ESG Rating was also assigned, comprising an environment score of 79, a Social Score of 63, and a Governance Score of 39. Additionally, CRISIL has assigned a stable AAA rating to BASF India Ltd’s long-term debt of Rs 1000 Crore, while NSE Sustainability Ratings & Analytics also provided ratings categorizing companies as "Leader," "Aspiring," "Adequate," "Moderate," and "Lagging" based on ESG maturity, all based on publicly disclosed information.

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