Azure Power Global Limited
Industry Group: Utilities
Country/Region: India
Identifier: OTC:AZREF
Azure Power Global Ltd produces and sells solar power in India. It is engaged in the development, construction, ownership, operation, maintenance, and management of solar power plants and the generation of solar energy. The company generates revenue from a mix of Indian central and state government utilities and commercial entities. Out of total operational capacity, approximately 90% of the company's plants are in high irradiation zones like Rajasthan, Gujarat, Maharashtra, and Andhra Pradesh. The Company has a single operating and reporting segment: Sale of power.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 154 out of 647
Universe
Global Universe 6038 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Azure Power Global Limited |
22.7
Medium
|
154 out of 647 |
Investment Energy Resources Ltd. |
28.3
Medium
|
281 out of 647 |
Labrador-Island Link Funding Trust |
28.3
Medium
|
281 out of 647 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Azure Power Global Limited's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Azure Power Global Limited's Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Azure Power Global Limited's ESG Risk Rating in the last three years
Highest Controversy Level