ESG factors now part of lending decision by top banks globally: Crisil CEO

ESG will play an even bigger role in decision making both on the issue side as well as the investor side in the longer-term, says Ashu Suyash

Last month rating CRISIL launched its environmental, social and governance (ESG) scores for India’s top 225 companies across 18 sectors. The scores are based on information available in public domain including from third-party providers. Ashu Suyash, managing director and CEO, CRISIL tells Krishna Kant why ESG score is the best measure of the sustainability of the businesses in the long-term. 

We are all familiar with businesses’ financial scores. But why should we worry about a company’s ESG score as well?

The last one and half year has been tough for businesses and the society at large across the globe. The