PNB Housing Finance Limited (PNBHFL) has been awarded an Environmental, Social, and Governance (ESG) score of 79.2, corresponding to an A+ rating by Resurgent ESG Services Private Limited. This score places PNBHFL among the leaders in adopting ESG practices, indicating minimal risk and a strong commitment to sustainable and inclusive growth.
The ESG rating for PNBHFL, one of India’s leading housing finance companies, was conducted using Resurgent ESG’s proprietary framework. This comprehensive assessment combines publicly available data with direct engagement to evaluate the company’s environmental and social impact, as well as the strength of its governance practices.
Resurgent ESG Services, a wholly owned subsidiary of Resurgent India Limited and a SEBI-registered ESG Rating Provider, highlighted the significance of ESG ratings in influencing investor confidence and brand credibility. Mr. Sanjeet Kumar, Director of Resurgent ESG Services, emphasised that strong ESG performance reflects prudent risk management and responsible lending practices, which are crucial for building resilient, future-ready institutions.
The rating methodology employed by Resurgent ESG goes beyond publicly available disclosures, incorporating both quantitative and qualitative factors. This approach provides investors and market participants with a reliable view of PNBHFL’s sustainability profile and future outlook.
Resurgent ESG Services specialises in ESG ratings across various industries, combining financial rigor with a focus on sustainable practices. As a subsidiary of Resurgent India Ltd., the company aims to deliver accurate and credible ESG ratings that offer a clear view of ESG performance based on robust data-driven criteria.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).