New Delhi: MOIL Limited, a public sector mining company, has received an Environmental, Social and Governance (ESG) score of 56, classified as “Adequate,” from Crisil ESG Ratings & Analytics Limited. The latest assessment reflects an improvement in the company’s overall ESG rating, primarily driven by an increase in its environmental score.
According to a regulatory disclosure submitted to the BSE and NSE on October 12, 2026, the rating was issued by Crisil ESG Ratings & Analytics Limited, a SEBI-registered Category I ESG rating provider. MOIL informed the stock exchanges about the development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements.
MOIL Limited ESG Rating Improves to Crisil ESG 56
According to the rating report, MOIL’s ESG score has reached 56, placing the company in the Adequate category. The improvement is mainly attributed to better performance in the Environmental (E) component of its ESG assessment.
Environmental, Social and Governance ratings evaluate a company’s performance across environmental responsibility, social practices and corporate governance. These assessments help stakeholders understand how companies address sustainability-related issues and associated risks.
Key details of MOIL’s latest ESG rating include:
- Company: MOIL Limited
- Rating agency: Crisil ESG Ratings & Analytics Limited
- ESG score: 56
- Classification: Adequate
- Primary factor behind improvement: Higher Environmental (E) score
- Disclosure date: October 12, 2026
- Regulatory provision: Regulation 30
- Stock exchanges: BSE and NSE
The latest rating highlights the improvement in MOIL’s environmental assessment, which contributed to its overall ESG score.
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Environmental Score Drives Improvement in MOIL’s ESG Rating
The improvement in MOIL’s Environmental, Social and Governance rating has been attributed primarily to an increase in its environmental score, as stated in the rating report.
For mining companies, environmental assessments can cover areas such as resource management, energy consumption, emissions, waste management and environmental compliance. However, the available disclosure identifies the improvement in the Environmental component as the principal reason for MOIL’s higher rating without specifying the individual factors responsible for the increase.
The Adequate classification provides an overall indication of the company’s assessed ESG performance under Crisil’s rating framework.
MOIL Clarifies ESG Rating Was Independently Prepared
MOIL Limited clarified in its regulatory filing that it had not appointed Crisil ESG Ratings & Analytics Limited to conduct the rating exercise.
According to the disclosure, the rating agency independently prepared the assessment using information and data available in the public domain. The clarification establishes that the evaluation was conducted independently rather than through a rating assignment initiated by the company.
The company formally communicated the rating outcome to the stock exchanges in compliance with its disclosure obligations.
About MOIL Limited
MOIL Limited is a central public sector enterprise under the Ministry of Steel, Government of India. Formerly known as Manganese Ore (India) Limited, it is a major producer of manganese ore in India. The company supplies manganese ore for applications in the steel and ferroalloy industries and plays an important role in supporting the country’s mineral and industrial sectors.
Read also: MOIL Hikes Manganese Ore Prices 5% for October; EMD Price Remains at ₹1.80 Lakh/Tonne
