Acuité Group has launched ESG Risk Assessments & Insights so as to assess a company’s ESG performance and assign a score. ESG Risk AI will provide ESG rankings of the highest 1000 Indian listed firms, by evaluating their performance on Environment, Social, and Governance parameters in addition to their reporting transparency. Its evaluation strategy consists of identification of related dangers, estimation of materiality and polarity of the dangers, and analysis of threat administration framework.
This analysis can be summarized as a score and introduced to buyers in a score report with particulars on performance on every parameter.
The company can even constantly monitor the performance of those firms and replace the rankings as required. ESG rankings can be subscribed by institutional buyers and lenders and feed into their decision-making strategy of constructing a transactional relationship with a company.