K. Paul Thomas, MD & CEO, ESAF Small Finance Bank, receives the certification for the latest CareEdge ESG rating from Nikunj Dube, Chief Rating Officer, CareEdge ESG Ratings. George K. John, Executive Director, ESAF; Bosco Joseph, Executive Vice President, ESAF; Sandhya Suresh, Head of Sustainable Banking, ESAF, is also present.
The improved score marks a significant improvement from last year’s 68.1 and reflects the Bank’s strong environmental, social and governance performance. CareEdge has highlighted ESAF SFB’s ESG status as a “leadership position with best-in-class disclosures,” recognizing the bank’s robust policies, transparency in reporting and effective management of ESG risks.
CareEdge noted that the Bank showed exceptional performance in the Social pillar, with a score of 82.6 – well above the industry average. ESAF’s community development programs, emphasis on priority sector lending and women-focused financial inclusion model were recognized as key strengths, a press release said.
K. Paul Thomas, MD & CEO of ESAF Small Finance Bank, said: “This improved ESG rating reflects our commitment to responsible banking and inclusive development. At ESAF, sustainability is an integral part of our mission, and this recognition strengthens our resolve to create long-term impact for the communities we serve.”
The ESG rating of 75.4 places ESAF Small Finance Bank among the best performing institutions under the SEBI-regulated ESG framework, strengthening its role as a purpose-driven financial institution focused on transparency, sustainability and social progress.
Published on November 26, 2025
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