Muthoot Microfin has bagged a landmark ESG score of 72.2 and has been rated CareEdge-ESG 1, the highest tier in the ESG rating framework issued by CARE ESG Ratings Limited, a SEBI-licensed ESG rating agency.
This score places the company among the top ESG leaders in India’s financial services sector, signalling its commitment to ethical governance, community-centric finance, and sustainable growth.
The company has outperformed industry medians across all three Environmental, Social, and Governance (ESG) pillars, earning it a ‘Leadership’ designation for best-in-class practices, disclosures, and performance. It also marks the highest ESG score ever given by CARE for the microfinance industry, setting a benchmark in responsible financial services.
Muthoot Microfin’s ESG excellence is evident in its 100 per cent women borrower base, industry-best grievance redressal mechanisms, net-zero emissions target by 2040, ISO-certified data protocols, and gender equity-focused HR practices such as ‘Pink Hiring’ and the ‘HER Initiative’.
With a governance score of 78.9 (compared to an industry median of 64.5), a social score of 72.1 (versus the industry median of 56.5), and an environmental score of 54.6 (placing it in the top quartile), the company has demonstrated sector-leading performance.
Sadaf Sayeed, CEO, Muthoot Microfin, said, “At Muthoot Microfin, ESG isn’t an afterthought—it is the foundation of how we deliver impact at scale. This top-tier ESG rating reflects our dedication to empowering communities, building resilience, and ensuring that our growth uplifts lives meaningfully.” He added that the company’s sustainability strategy reinforces long-term operational success and stakeholder trust.
Backed by a 138-year-old legacy of the Muthoot Pappachan Group, Muthoot Microfin serves over 3.42 million active customers through 1,651 branches across 20 states and 379 districts, with a gross loan portfolio of Rs 12,404.9 crore as of 31st December, 2024.
It is also listed on the S&P BSE Financial Services Index and continues to drive financial inclusion for rural and underserved women entrepreneurs across India.
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