ESG Rating Update
Asian Paints Improves CRISIL ESG Rating to ‘Strong’ Category with ESG Score of 68
NSE
ASIANPAINT
BSE
500820
Asian Paints Limited has informed the stock exchanges that CRISIL ESG Ratings & Analytics Limited has independently assigned the company a ‘CRISIL ESG 68’ rating, placing it in the ‘Strong’ category, along with a ‘CRISIL Core ESG 72’ rating. The company stated that both ratings represent an improvement over the previous assessment year.
PRICE-SENSITIVE TRIGGER
Event: Improvement in CRISIL ESG Rating
Type: ESG Rating Update
Impact: Negative
Immediate Effect:Â The improved ESG assessment enhances Asian Paints’ sustainability profile and reflects stronger environmental, social and governance performance, which may support stakeholder confidence.
Financials:
Key Metrics:
- No financial metrics were disclosed as part of this announcement.
Highlight:
- CRISIL ESG Rating: 68 (Strong Category)
- CRISIL Core ESG Rating: 72
What Happened ?
Asian Paints announced that CRISIL ESG Ratings & Analytics Limited, a SEBI-registered Category I ESG rating provider, has independently assigned the company a CRISIL ESG 68 rating and a CRISIL Core ESG 72 rating.
According to the company, the latest assessment represents an improvement over the previous year’s ESG rating. The rating exercise was conducted independently by CRISIL using publicly available information without any engagement from Asian Paints.
key details
ESG Rating Details:
- ESG Rating assigned: CRISIL ESG 68
- ESG Category: Strong
- Core ESG Rating: CRISIL Core ESG 72
- Rating improved compared with the previous assessment year.
- Assessment conducted independently by CRISIL ESG Ratings & Analytics Limited.
- Evaluation based solely on publicly available information.
- The company confirmed it did not engage with CRISIL during the assessment process.
- Rating communication was received on July 10, 2026 at 6:26 PM IST, after market hours.
Note:
- The disclosure has been made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Risk Analysis
Summary:
- The ESG rating upgrade is a reputational development and does not have any immediate financial or operational implications. Maintaining strong sustainability and governance standards will remain important for future assessments.
Key Risks:
- ESG ratings are periodically reviewed by rating agencies.
- Future ratings will depend on continued ESG performance and governance standards.
- Any deterioration in ESG practices could affect future assessments.
Worst Case:
- A decline in environmental, social or governance performance could lead to lower ESG ratings in future reviews and impact stakeholder perception.
Risk Level: Low
Company Commentary
- CRISIL assigned the company a CRISIL ESG 68 rating in the Strong category.
- The company also received a CRISIL Core ESG 72 rating.
- Both ratings represent an improvement over the previous assessment year.
- The assessment was conducted independently by CRISIL.
- The evaluation was based entirely on publicly available information without company engagement.
Official Exchange Filing: Asian Paints Limited
