New Delhi: NHPC Limited has informed the stock exchanges that Niche Ninety Nine Capability and Certifications (OPC) Private Limited has independently assigned an ESG rating of 64 to the company.
NHPC clarified that it did not engage the agency for the ESG assessment. The rating was independently prepared by the agency based on information about NHPC available in the public domain.
NHPC ESG Rating Based on Publicly Available Information
The ESG rating assigned to NHPC is based on information available in the public domain. The company has clarified that the assessment was not commissioned or directly engaged by NHPC.
The rating covers the company’s performance and disclosures related to environmental, social and governance (ESG) parameters, as assessed by the third-party agency.
Key details include:
- Company: NHPC Limited
- ESG Rating: 64
- Rating Agency: Niche Ninety Nine Capability and Certifications (OPC) Private Limited
- Basis of Assessment: Publicly available information
- Agency Engagement: Not engaged by NHPC
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ESG Rating Available on NSE Website
NHPC said the ESG rating is available on the website of the National Stock Exchange of India Limited (NSE).
The disclosure provides investors and other stakeholders with information regarding the ESG assessment carried out by the external agency.
NHPC Makes Disclosure Under SEBI Regulations
NHPC made the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company informed the exchanges about the ESG rating and clarified the basis on which the assessment was prepared.
The disclosure serves as a formal communication to investors and stakeholders regarding the ESG rating assigned to NHPC by the external agency.
About NHPC Limited
NHPC Limited is a Central Public Sector Enterprise under the Ministry of Power, Government of India. The company is primarily engaged in the development and generation of hydropower and has expanded its portfolio into solar and wind energy, contributing to India’s renewable energy and energy security goals.
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