Gujarat Gas Limited Receives ESG Rating from SES ESG Research Pvt. Ltd

Gandhinagar, March 4, 2026: Gujarat Gas Limited (GGL), a Government of Gujarat undertaking and part of the GSPC Group, has been assigned an ESG Rating of 71.7 by SES ESG Research Pvt. Ltd. based on FY 2024–25 data.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Score Details

According to the rating report:

• ISIN: INE844O01030

• ESG Score 2024: 71.8

• ESG Score 2025: 71.7

• Change: -0.1

The rating reflects the company’s performance across Environmental, Social, and Governance (ESG) parameters as assessed by the rating agency.

Independent Evaluation

Gujarat Gas clarified that it did not engage SES ESG Research for the evaluation or issuance of the ESG rating.

The report was prepared independently using publicly available information and was intimated to the company through an email from BSE Limited on March 4, 2026.

SES ESG Research is registered with SEBI as a Category II ESG Rating Provider (ERP) under the ‘Subscriber Pay’ model and is a wholly owned subsidiary of Stakeholders Empowerment Services (SES).

What This Means for Investors

An ESG rating of 71.7 places Gujarat Gas in a relatively strong position in terms of sustainability practices, governance standards, and social responsibility metrics.

For investors increasingly focusing on ESG compliance and long-term sustainability metrics, such ratings play an important role in:

• Institutional investment decisions

• ESG-focused fund inclusion

• Risk assessment and governance evaluation

As India’s city gas distribution sector continues to expand, ESG benchmarks are becoming a critical differentiator for listed energy companies.