Jindal Steel Limited confirmed receipt of an intimation regarding a revision in its ESG score from 50 to 51 by ESG Risk Assessments & Insights Limited (ESG Risk.ai). The company explicitly stated that it did not engage this SEBI-registered provider for the rating or report. The disclosure was made solely for regulatory clarity, confirming the report appears to be independently generated using publicly available information.
Announcement Regarding ESG Rating Update
Jindal Steel Limited has formally communicated information received concerning an update to its Environmental, Social, and Governance (ESG) assessment. The company noted an intimation regarding a revision in its ESG score by ESG Risk Assessments & Insights Limited (“ESG Risk.ai”), a rating provider registered with the Securities and Exchange Board of India (SEBI).
Details of the Score Change
The notification indicated that the revised ESG score for Jindal Steel Limited moved from a previous rating of 50 to 51. This update was received by the company on Monday, March 23, 2026.
Company Clarification on Engagement
Jindal Steel Limited wishes to clarify that it has not engaged ESG Risk.ai for the purpose of obtaining this specific rating or report. The management further noted that the ESG rating or report seems to have been prepared independently by ESG Risk.ai, based solely on information readily available in the public domain.
Purpose of Disclosure
This communication is being made strictly for the purpose of ensuring regulatory clarity and maintaining public record regarding external assessments of the company’s ESG performance.
The disclosure was authorized and signed by Damodar Mittal, Wholetime Director, on March 23, 2026.
Source: BSE
