GAIL India's ESG rating moves to "aspiring" category for FY25

GAIL (India) Limited has received an ESG rating of 66 for FY2025 from NSE Sustainability Ratings & Analytics Ltd, an increase from 64 in FY2024. This places the company in the "Aspiring" category, indicating a strong ESG commitment with steady progress. The overall ESG score of 66 is composed of an environment score of 56, a social score of 76, and a governance score of 71.

The company's environment score, with a 38% weightage, indicates areas for improvement, particularly regarding greenhouse gas emissions, carbon footprint from Scope 3 emissions, and renewable energy adoption, where it lags behind industry averages. Conversely, the social pillar, with a 30% weightage, shows strong performance with a low lost time incident rate and lower-than-average employee turnover. However, the report notes one fatality and underrepresentation of women.

The governance score, weighted at 32%, highlights the board's compliance with required independent director percentages, sufficient women on the board, and robust representation of independent directors in key committees like nomination and remuneration, audit, risk management, and CSR. The core ESG rating for FY2025 is 43, with an environment score of 46, a social score of 51, and a governance score of 34.