Brigade Enterprises Receives Independent ESG Rating of 69.4 (Grade B) from SES ESG Research for FY2024-25
Brigade Enterprises Assigned Grade B ESG Rating by SES Research
Brigade Enterprises Limited received an independent ESG rating of 69.4 with grade B and Medium risk category from SES ESG Research Private Limited for FY 2024-25. The company disclosed this development to stock exchanges on March 30, 2026, in compliance with SEBI listing regulations.
Nature of the Assessment
The SEBI-registered rating provider conducted the assessment without company engagement, based solely on public disclosures and available data. Brigade Enterprises clarified that it did not engage SES ESG for this rating process, emphasizing the independent nature of the assessment.
SES ESG has received the 'Certificate of Registration as a Category 2 ESG Rating Provider' (ERP) w.e.f. 25th April, 2024 (Registration Number: IN/ERP/Category-II/0002) from Securities and Exchange Board of India (SEBI). The model has over 400 questions and is based on both legal / mandatory and voluntary frameworks / global best practices. SES uses data available only in public domain for its reports and analysis.
Rating Scale and Context
The 69.4 score places Brigade in the Medium risk category with a Grade B designation. Reports provide scores and analysis of overall ESG score and each of E, S and G factors, prepared annually based on yearly disclosure reports such as annual report / BRSR / ESG additional disclosures.
Brigade Enterprises' ESG Footprint
Founded in 1986 and based in Bangalore, the company has completed over 275 projects across residential, commercial, retail, hospitality, and education spaces. Brigade has delivered more than 80 million square feet of construction and is known for its quality, timely delivery, and customer trust.
The company operates across multiple cities in South India. Chennai is identified as Brigade's second-largest market after Bengaluru. In recent months, Brigade has expanded its portfolio: Brigade officially announced the launch of Brigade Lumina through a regulatory filing, a net-zero carbon residential development in Northwest Bengaluru with an estimated revenue potential of over ₹700 crores, filed on March 26, 2026, on 4.11 acres on Tumkur Main Road. Brigade announced 'Brigade Stellaris', a new premium residential project in Chennai, set to be developed on a 5.19-acre land parcel, with an estimated Gross Development Value (GDV) of ₹1,700 Crores.
Regulatory Disclosure
The intimation was made pursuant to Regulation 30 of SEBI Listing Regulations, read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The complete rating report has been published by SES ESG and is available through their official channels. Brigade Enterprises has also hosted this information on its corporate website for stakeholder access and transparency.