New Delhi: NLC India Limited (NLCIL), a leading public sector undertaking in the energy sector, announced today through a regulatory filing that it has been assigned an Environmental, Social, and Governance (ESG) rating of “CRISIL ESG 49” by CRISIL ESG Ratings & Analytics Ltd. This rating reflects the company’s commitment to sustainability and responsible corporate governance.
Independent ESG Rating Assigned by CRISIL
The ESG rating was assigned independently by CRISIL ESG Ratings & Analytics Ltd, based solely on data available in the public domain. Importantly, NLCIL has clarified that it did not engage or commission CRISIL ESG Ratings & Analytics Ltd for this assessment. This independent evaluation underscores the transparency and credibility of the rating process.
The rating evaluates NLCIL’s performance across key areas including environmental management, social responsibility, and governance practices, highlighting the company’s efforts to integrate sustainable development into its core operations.
Read also: NLC India Limited Completes 10 Years of Renewable Energy (RE) Production
Significance of the ESG Rating for NLCIL
Achieving a rating such as “CRISIL ESG 49” is a positive indicator of NLCIL’s proactive approach towards environmental stewardship, social welfare, and sound governance. ESG ratings have become crucial benchmarks for investors, regulators, and stakeholders, reflecting how well companies manage risks and opportunities related to sustainability.
This independent recognition positions NLCIL as a responsible corporate entity dedicated to fostering long-term value creation for all its stakeholders while contributing positively to societal and environmental goals.
About NLC India Limited
NLC India Limited (NLCIL), formerly known as Neyveli Lignite Corporation Limited, is a Government of India public sector undertaking under the Ministry of Coal. Established in 1956 and headquartered in Neyveli, Tamil Nadu, NLCIL is one of India’s premier energy companies specializing in lignite mining and thermal power generation.
