Sustainalytics' ESG Risk Ratings measure company-level environmental, social, and governance (ESG) risk by combining the concepts of management and exposure to arrive at an overall quantitative rating which is expressed across a risk spectrum of severe, high, medium, low or negligible. By providing an absolute measure for assessing company ESG risk, Sustainalytics' Ratings are comparable for companies in different industries.
Commenting on this,Ranjit Gupta, CEO, Azure Power, said, "This ranking underscores Azure Power's commitment to sustainability. We look to further demonstrate our resolve to be the leader in the sustainability space by publishing a more comprehensive Sustainability Report by the end of August…At Azure, we are constantly striving to improve our sustainability practices and expect to realize even better ratings in the future."
