Update18 Sep 2026

Kalpataru Projects International Receives ESG Rating of 62 from Niche Ninety Nine

Kalpataru Projects Receives Independent ESG Rating of 62

Niche Ninety Nine assigned Kalpataru Projects International an ESG rating of 62 on 18 September 2026. The rating was issued by Niche Ninety Nine Capability and Certifications, a SEBI-registered ESG provider. Kalpataru stated it did not engage Niche, and the rating was assigned independently.

About the Rating

Niche Ninety Nine distinguishes itself by adopting a "from India, for India, in Indian context" approach, meticulously tailoring its methodology to reflect the nation's specific regulatory framework, including SEBI guidelines and business realities. The firm conducts independent assessments based on publicly available information without direct engagement from rated companies.

ESG ratings have become increasingly material to investor capital allocation and risk assessment, particularly as disclosure frameworks like India's Business Responsibility and Sustainability Reporting (BRSR) expand transparency requirements across listed entities.

Company Profile

Established in 1981, Kalpataru Projects International is a global engineering and construction company with industry leading capabilities in energy and infrastructure projects. The company has executed 250+ projects across 5 continents, operates in 75 countries and maintains live projects in 30+ countries.

Sustainability Commitments

Kalpataru's ESG strategy encompasses multiple operational areas. The company received the 'Best Zero Carbon Emission Initiative of the Year 2024' from UBS Forums for Transmission & Distribution Division for comprehensive initiatives in GHG inventorization, carbon neutral strategy and roadmap towards achieving it.

The company is implementing a comprehensive ban on single-use plastics within the organization. Kalpataru actively promotes the recycling and reuse of construction and demolition waste, embracing sustainable practices to minimize environmental impact. Under its CSR project SAVIOUR, the company focused on creating dense green cover using the Miyawaki technique, planting 9000 saplings representing 71 different species across a 4000 square meter area and installing a solar pump for watering plants.

Kalpataru's ESG approach is rooted in its vision and values, emphasizing commitment to responsible and sustainable business operations. The strategy is built on pillars of robust governance, ethical conduct, and strong commitment to environmental and social stewardship.

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