Karur Vysya Bank (KVB) has been assigned an updated Environmental, Social, and Governance (ESG) score of 70 for the Financial Year 2024-25 by ESGRisk.ai, a SEBI-registered provider. This is an increase from the previously communicated score of 66 for the same period. The bank confirmed that the score was independently determined based solely on publicly available disclosures, as the bank has not formally engaged the rating agency.
New ESG Rating Assignment
Karur Vysya Bank (KVB) issued an update regarding its ESG performance rating for the ongoing Financial Year 2024-25. The bank received communication on March 19, 2026, from ESGRisk.ai, a registered ESG Rating Provider (ERP) under Category I.
The newly assigned ESG score for the bank for FY 2024-25 is 70, which is based on the provider’s annual review guidelines.
Comparison with Prior Disclosure
This new score supersedes a previous score communicated to the exchanges. The bank had earlier intimated an ESG score of 66 for the same Financial Year 2024-25 via a reference dated October 16, 2025.
Rating Methodology Clarification
KVB explicitly informed stakeholders that the Bank has not engaged M/s. ESG Risk Assessments & Insights Limited (ESGRisk.ai) for this assessment. The score determination was conducted independently by the rating agency using the public disclosures and other publicly available information related to the Bank’s performance.
Source: BSE
