Kirloskar Brothers Limited has formally clarified that it did not initiate or engage an external agency for its recent ESG rating. The rating was assigned independently by ESG Risk Assessments & Insights Limited and was brought to the company’s attention through a communication from the BSE on April 27, 2026. The company has made this disclosure to ensure transparency regarding the unsolicited nature of this external assessment.
Background on ESG Assessment
Following a communication received on April 27, 2026, Kirloskar Brothers Limited has confirmed that an ESG rating has been assigned to the organization by ESG Risk Assessments & Insights Limited. This rating is currently available for public viewing on the rating provider’s official website.
Company Stance on Rating Engagement
The management of Kirloskar Brothers Limited has explicitly stated that they did not engage the services of this ESG rating provider for the assessment. The rating was generated and submitted to the BSE by the agency independently, without prior involvement or authorization from the company. By issuing this disclosure, the firm aims to clarify its position regarding the unsolicited nature of the report and maintain transparency with its stakeholders.
Source: BSE
