Gujarat Mineral Development Corporation (GMDC) has been assigned an ESG rating of 77.7 by CareEdge ESG Ratings Ltd. The rating, which followed an independent assessment, places GMDC in the “Leadership” category for ESG risk management. The evaluation considered governance systems, policy frameworks, and disclosures, reflecting GMDC’s commitment to sustainability and responsible business practices. The assessment included field visits and discussions with senior management.
ESG Rating Assigned
Gujarat Mineral Development Corporation (GMDC) has received an ESG rating of 77.7 (CareEdge-ESG 1) from CareEdge ESG Ratings Ltd., after an independent evaluation. This rating highlights GMDC’s dedication to environmental, social, and governance factors.
Assessment Details
The ESG evaluation involved a combination of on-ground assessments and management engagement, featuring site visits to GMDC’s operational facilities and discussions with senior management held between November 19–21, 2025. The rating was determined based on GMDC’s disclosures and publicly available information.
Leadership in ESG Management
According to the rating agency, the assigned score positions GMDC in the “Leadership” category for ESG risk management. This reflects GMDC’s approach to governance systems, policy frameworks, disclosures, and various performance indicators that were assessed during the rating process.
Commitment to Sustainability
The ESG rating is part of GMDC’s structured advancement under the Environmental, Social, Governance Framework, reinforcing the company’s emphasis on transparency, responsible business operations, and the creation of long-term value for stakeholders, in accordance with evolving sustainability and disclosure standards.
MD-GMDC’s Statement
Sh. Roopwant Singh, IAS, MD-GMDC, commented that the ESG rating reflects GMDC’s commitment to responsible growth, anchored in strong governance, environmental stewardship, and social responsibility. He further emphasized the focus on inclusive progress and support for development that positively impacts lives as a public sector enterprise.
Source: BSE
