ISGEC Heavy Engineering Limited has announced the receipt of an independent ESG rating from CFC Finlease Private Limited, dated March 19, 2026. The company clarified that it did not engage CFC Finlease for this evaluation. CFC Finlease, operating as a SEBI-licensed ESG Rating Provider, published the rating based on publicly available information. ISGEC achieved an ESG Rating of 54, reflecting the firm’s commitment to sustainable and responsible practices.
Disclosure of Unsolicited ESG Rating
ISGEC Heavy Engineering Limited has formally intimated the stock exchanges regarding the issuance of an ESG rating for the company. This information was received via email from CFC Finlease Private Limited on March 19, 2026. The disclosure is being made pursuant to existing regulatory requirements concerning the furnishing of information.
Rating Independence Clarification
The company explicitly clarified that it has not engaged CFC Finlease Private Limited to conduct this ESG rating. The evaluation was performed independently by CFC Finlease, utilizing information publicly available about ISGEC Heavy Engineering Limited.
Details of the ESG Evaluation
CFC Finlease Private Limited confirmed that, as a SEBI-licensed ESG Rating Provider (ERP), they have finalized their evaluation. They further stated that the ESG Rating for ISGEC Heavy Engineering Limited was published on the NSE and BSE websites on March 5, 2026.
The resulting assessment assigned ISGEC an ESG Rating of 54, which the ERP noted reflects the institution’s commitment to sustainable and responsible practices.
Compliance and Record Keeping
This intimation, along with the attached details from CFC Finlease, is being made available for public record and has also been posted on the company’s official website, www.isgec.com, for broader stakeholder access.
Source: BSE
