April 15: Muthoot Microfin Limited has announced a significant milestone in its sustainability journey, with its ESG rating upgraded to CareEdge-ESG 1+ (Score: 80.8) by CareEdge ESG Ratings. The upgrade has been disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This rating places Muthoot Microfin in a leadership position in managing Environmental, Social, and Governance (ESG) risks, supported by best-in-class disclosures, robust policies, and strong performance metrics. Notably, this is the highest ESG rating awarded to a Non-Banking Financial Company (NBFC) by CareEdge ESG Ratings.
The Company’s ESG score has improved significantly from 72.2 (CareEdge-ESG 1) to 80.8 (CareEdge-ESG 1+), reflecting comprehensive progress across environmental, social, and governance parameters.
The upgrade highlights Muthoot Microfin’s continued commitment to strengthening sustainable and responsible business practices. It also reinforces the company’s focus on integrating ESG principles into its core operations and long-term strategy.
With this recognition, Muthoot Microfin further solidifies its position as a responsible financial institution driving inclusive growth while maintaining high standards of governance and sustainability.
