Companies disclosing ESG data report nearly 15% increase in scores

The regulatory push towards environmental, social, and governance (ESG) reporting is yielding results with increase in ESG scores and a significant improvement in compliance and disclosure as seen in an analysis of top 1,000 listed companies over the last three financial years. 

According to a report by CareEdge Research, ESG reporting by Indian corporates has improved by 160 per cent. 

Sebi’s push has resulted in a jump in the number of companies putting up ESG data from 127 in FY20 to 330 companies in FY22. 

“Even as the aggregate score for the top 1,000 listed companies still hovers in the ‘Average’ grade category,