Dalmia Bharat Reaffirms Exceptional ESG Rating by ICRA

Dalmia Bharat Limited announced that ICRA ESG Ratings Limited has reaffirmed its [ICRA ESG] Combined Rating 80, Exceptional. The rating reflects Dalmia Bharat’s strong commitment to environmental, social, and governance practices. The company received formal communication from ICRA on January 19, 2026. This reaffirmation underscores Dalmia Bharat’s position as a leader in sustainable business practices.

ICRA Reaffirms Top ESG Rating

Dalmia Bharat Limited has received confirmation that its ESG rating has been reaffirmed by ICRA ESG Ratings Limited. The [ICRA ESG] Combined Rating remains at 80, which is categorized as Exceptional, the highest level awarded by ICRA. This rating signifies Dalmia Bharat’s adherence to high standards of environmental stewardship, social responsibility, and corporate governance.

Rating Breakdown

The [ICRA ESG] Combined Rating is composed of sub-ratings that measure different aspects of Dalmia Bharat’s ESG performance:

Impact Rating: 74 (Good)
Transition Rating: 85 (Accelerating)

Key Rating Factors

The ESG rating reflects the following scores for key parameters:

Environment: Impact – 66 (Good); Transition – 90 (Accelerating)
Social: Impact – 85 (Outstanding); Transition – 71 (Progressing)
Governance: Impact – 76 (Good); Transition – 90 (Accelerating)
Overall Governance: 83 (Exceptional)

Continued Commitment to Sustainability

This reaffirmation of the ‘Exceptional’ ESG rating highlights Dalmia Bharat’s consistent efforts to integrate sustainability into its core business strategy. The company remains dedicated to improving its ESG performance and contributing to a more sustainable future.

Source: BSE

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