Vivriti Group makes its debut in participating in the S&P Global Corporate Sustainability Assessment (CSA) with a score of 44

Vivriti Group takes a pioneering step for Indian unlisted NBFCs by participating in the S&P Global Corporate Sustainability Assessment (CSA).

S&P Global Corporate Sustainability Assessment (CSA) is a global corporate sustainability performance benchmarking tool that evaluates a company’s performance based on the accuracy & relevancy of a company’s management of material ESG risks, impacts & opportunities supplemented by credible disclosures, media & stakeholder analysis, and modelling approaches. A consistent, rule-based methodology is applied to assess 1,000 data points that is converted into an S&P Global ESG Score measured on a scale of 0-100. The CSA cycle of FY22-23 saw a participation from over 9.4k companies across 62 industries worldwide.

Hindustan Zinc Ltd leads as the highest scorer from India at 86, while L&T Finance Holdings Ltd tops the chart in the Diversified Financial Services sector at 51. Vivriti achieved a score of 44, demonstrating a strong commitment to sustainable business while paving the way for other – NBFC’s to follow suit.

Smitha Jain Arora, Head Sustainability & Impact at Vivriti Group said, “At Vivriti, sustainability is at its core. We have taken a bottoms-up approach to integrate both ‘doing good’ through encompassing impact and ‘doing no harm’ through ESG into the very essence of our business ethos. Over the years we have strengthened our sustainability framework demonstrating our intentionality & amplifying our positive impact.  Participating in the S&P CSA for the first time has enabled us to benchmark ourselves on a global platform, marking the initial strides in our enduring sustainability journey.”

Vivriti’s participation signifies its dedication to responsible financial practices and sets a new benchmark for ESG performance in the Indian NBFC space.

You can view Vivriti’s S&P Global ESG score here.

About Vivriti Capital:

Vivriti Capital is a fintech NBFC that aims to bring necessary debt finance to hundreds of mid-market enterprises across India. Vivriti Capital over the last 6.5 years has built a highly successful franchise, with Rs 6,800 crores of portfolio, as well as 300+ clients across 35+ sectors and 20+ states. Vivriti’s combined portfolio has witnessed stellar metrics, with industry leading asset quality and return metrics. The Group has raised Rs 1,400 crores of equity since inception.

About Vivriti Asset Management:

Vivriti Asset Management (VAM) is a SEBI and IFSCA registered asset manager, investing in debt issued by mid-sized enterprises. It is part of Vivriti Group, which manages assets of over $1bn across its lending and asset management businesses.