Crisil has upgraded Maruti Suzuki’s ESG rating from 61 to 63 for fiscal year 2024-25, maintaining a ‘Strong’ category. The core ESG rating remains unchanged at 57. This upgrade reflects Crisil’s assessment based on publicly available data. Maruti Suzuki clarifies they did not engage Crisil for this rating.
ESG Rating Upgrade
Maruti Suzuki India Limited’s ESG (Environmental, Social, and Governance) rating has been upgraded by Crisil ESG Ratings & Analytics Limited for fiscal year 2024-25. The rating has moved from 61 to 63, while retaining a ‘Strong’ rating category.
Rating Details
The upgraded rating of 63 (‘Strong’ category) applies specifically to FY 2024-25. The Crisil core ESG rating for the Company remains at 57.
Independent Assessment
Maruti Suzuki emphasizes that the rating is based on publicly available information and was independently prepared by CRISIL. The company clarifies that it did not engage CRISIL for an ESG rating.
Source: BSE
