Bank of Maharashtra receives ESG Rating by Resurgent ESG Services Private Limited
Bank of Maharashtra, a leading public sector bank, has been evaluated through Resurgent ESG’s rigorous and comprehensive ESG assessment framework.
Bank of Maharashtra receives ESG Rating by Resurgent ESG Services Private Limited
New Delhi: State-owned Bank of Maharashtra has been assigned an ESG rating by Resurgent ESG Services Private Limited (Resurgent ESG), a wholly owned subsidiary of Resurgent India Limited and a SEBI-registered Category-II ESG Rating Provider (ERP).
The ESG score assigned to the Bank of Maharashtra for the FY 2024-2025 stands at 72.52, which corresponds to an ESG Rating of A+.
Bank of Maharashtra, a leading public sector bank, has been evaluated through Resurgent ESG’s rigorous and comprehensive ESG assessment framework.
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The rating reflects the bank’s current ESG profile, measuring the impact of its business activities on the environment and society, as well as the strength of its governance practices.
According to the press release stated, the rating will serve as a valuable tool for Bank of Maharashtra and its stakeholders, enabling informed decision-making and supporting the bank’s ongoing ESG journey.
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This approach ensures that the ratings consider both quantitative and qualitative factors, providing investors and market participants with a reliable view of the entity’s sustainability profile and future outlook.
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