New Delhi – EcoRatings Fintech Solutions Pvt. Ltd, a subsidiary company of EcoRatings Software Solutions,gets SEBI license as a provider of environmental, social, and governance (ESG) ratings. With this license, EcoRatings will be able to provide ESG ratings to financial securities- both listed and about-to-be listed, as well as to the issuer companies.
ESG ratings enableinvestors to identify and mitigate potential risks linked to environmental, social, and governance factors, thereby reducing the likelihood of adverse impacts on their investments.
ESG ratings are essential for corporations, offering a range of strategic benefits. They enable access to green loans with lower interest rates, create competitive pricing advantages that drive revenue growth, and increase eligibility for government incentives focused on sustainability. Strong ESG ratings also enhance brand differentiation in a crowded marketplace and open opportunities to expand export share in key international markets such as the US and EU, where ESG performance plays a critical role in market access and growth.
Commenting on this Aqeel Ahmed, Director EcoRatings said “EcoRatings is an established leader in providing ESG ratings for products and services. Uniquely positioned, EcoRatings leverages a fully AI-driven technology approach to calculate ESG ratings, making it likely the only company in India with this capability. The recent SEBI registration marks a significant advancement for the corporate and financial services sectors, enabling clients to access transparent and precise ESG ratings for their organizations as well as their listed/about-to-be listed financial securities. ESG ratings are becoming vital tools for assessing and managing risks across stakeholder groups. Companies can utilize ESG ratings to attract value-driven investments, aligning their strategies with the growing emphasis on sustainability in today’s business landscape.”
EcoRatings’ comprehensive rating system integrates leading international and national ESG frameworks—to help companies assess and enhance their Environmental, Social, and Governance (ESG) performance. By adopting our comprehensive ESG ratings, businesses can ensure alignment with globally recognized ESG standards. This alignment helps organizations demonstrate their commitment to sustainable practices while achieving a competitive edge in both domestic and international markets.
About EcoRatings Software Solutions:
EcoRatings is the world’s pioneering Gen AI-powered platform dedicated to building a Unified Knowledge Platform for ESG (Environmental, Social, and Governance) requirements. The platform consists of a LLM with a RAG architecture in an enterprise environment, is a one-stop shop for achieving sustainability goals. The company was founded in 2023 by a trio of three visionary founders- Aditi Balbir, Aqeel Ahmed, and Shruti Anand. The company made its grand global debut at COP28 in Dubai last year.
The USP of the EcoRatings’ solution is the integration of the Gen Al model with the company’s ERPs to streamline disparate datasets and offer real-time decision making. This is known as the RAG architecture that processes contextually relevant data from internal and external sources and generates answers to questions like “How are we doing against our CO2 reduction plan?” in an easy to understand chat interface.
Companies can track their risks and opportunities, Scope 3 emissions, conduct need gap analysis, perform competitive mapping and make informed decisions for formulating critical strategies, ensuring regulatory compliance, generating carbon credits, and more, resulting in streamlined research efforts, reduced costs, and optimized resource allocation – all in a geography, industry and framework agnostic approach that allows for immense global scalability.
