REC LtdREC Ltd - ESG Rating & Company Profile powered by AI

Industry Group:Diversified Financial Services

The analysis of REC Ltd is assembled by All Street Sevva using proprietary machine learning. The ESG score covers seventeen UN Sustainable Development Goals including: 'Gender Equality', 'Decent Work & Economic Growth' and 'Partnerships for the Goals'. The dashboard contains a Q&A section about REC Ltd.

REC Ltd in the Diversified Financial Services industry gained a UN SDG ESG Transparency Score of 7.6; made up of an environmental score of 8.0, social score of 8.0 and governance score of 6.9.

SDG Transparency Score for REC Ltd 
Low
0 - 3
Medium
4 - 6

7.6

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for REC Ltd 
8.0

Environmental

8.0

Social

6.9

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Wendel SE
8.3
High
2Bid Corporation Ltd
8.2
High
38Jelf Ltd
7.7
High
38Power Finance Corporation Ltd
7.7
High
44REC Ltd
7.6
High
44Guotai Junan Securities Vietnam Corp
7.6
High
44First Habib Bank Modaraba
7.6
High
.........
485Xerius Bioscience AG
0.0
Low
485Value Capital One Ltd
0.0
Low
.........
View the full peer group of 644 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

Does REC Ltd have an accelerator or VC vehicle to help deliver innovation?

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Does REC Ltd disclose current and historical energy intensity?

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Does REC Ltd report the average age of the workforce?

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Does REC Ltd reference operational or capital allocation in relation to climate change?

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Does REC Ltd disclose its ethnicity pay gap?

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Does REC Ltd disclose cybersecurity risks?

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Does REC Ltd offer flexible work?

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Does REC Ltd have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does REC Ltd disclose the number of employees in R&D functions?

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Does REC Ltd conduct supply chain audits?

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Does REC Ltd disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does REC Ltd conduct 360 degree staff reviews?

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Does REC Ltd disclose the individual responsible for D&I?

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Does REC Ltd disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does REC Ltd disclose current and / or historical scope 2 emissions?

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Does REC Ltd disclose water use targets?

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Does REC Ltd have careers partnerships with academic institutions?

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Did REC Ltd have a product recall in the last two years?

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Does REC Ltd disclose incidents of discrimination?

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Does REC Ltd allow for Work Councils/Collective Agreements to be formed?

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Has REC Ltd issued a profit warning in the past 24 months?

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Does REC Ltd disclose parental leave metrics?

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Does REC Ltd disclose climate scenario or pathway analysis?

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Does REC Ltd disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does REC Ltd disclose the pay ratio of women to men?

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Does REC Ltd support suppliers with sustainability related research and development?

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Does REC Ltd disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does REC Ltd reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is REC Ltd involved in embryonic stem cell research?

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Does REC Ltd disclose GHG and Air Emissions intensity?

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Does REC Ltd disclose its waste policy?

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Does REC Ltd report according to TCFD requirements?

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Does REC Ltd disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does REC Ltd disclose energy use targets?

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Does REC Ltd disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does REC Ltd have a policy relating to cyber security?

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Potential Risks for REC Ltd
These potential risks are based on the size, segment and geographies of the company.

REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. It primarily offers term-loan, medium-term loan, and short-terms loan. The company also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana for universal household electrification, Deen Dayal Upadhyaya Gram Jyoti Yojana, National Electricity Fund, Outage Management System, and 11kv Rural Feeder Monitoring Scheme, as well as acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited is a subsidiary of Power Finance Corporation Limited.

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