Lupin ESG rating falls to 70 in FY26 on lower social, governance scores
- Lupin Limited's NSE Sustainability ESG rating declined to 70 in FY26 from 71 in FY25
- The overall score drop is driven by a one-point decline in both Social and Governance scores
- NSE Sustainability independently assessed the company using publicly available information
- Disclosure made under Regulation 30 of SEBI LODR Regulations, 2015

*this image is generated using AI for illustrative purposes only.
Lupin Limited received an Environmental, Social and Governance (ESG) rating of 70 for FY26 from NSE Sustainability Ratings and Analytics Limited. This marks a marginal decline from the rating of 71 assigned in the previous fiscal year.
The one-point drop in the overall score is attributed to a decrease in both the Social and Governance sub-scores by one point each. The company disclosed this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Rating methodology and independence
NSE Sustainability independently prepared the report using publicly available information about the company. Lupin did not engage NSE Sustainability for this specific ESG rating exercise, ensuring the assessment remained an independent evaluation based on public disclosures.
| Metric | FY26 Rating | FY25 Rating | Change |
|---|---|---|---|
| Overall ESG Score | 70 | 71 | -1 |
| Social Score Impact | Lower | Higher | -1 point |
| Governance Score Impact | Lower | Higher | -1 point |
What the Numbers Show
The data indicates that the decline in Lupin's overall ESG standing was not driven by environmental factors, but specifically by a uniform reduction in Social and Governance metrics. The equal one-point deduction in both categories suggests a balanced erosion in non-environmental pillars rather than a singular compliance or social issue.
Historical Stock Returns for Lupin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.97% | +1.28% | -4.92% | -16.13% | +1.09% | 0.0% |
How might the decline in Social and Governance sub-scores influence Lupin's eligibility for ESG-focused institutional investment funds?
What specific governance reforms or social initiatives is Lupin planning to implement to reverse the downward trend in its FY27 ESG rating?
Could the independent nature of NSE's assessment trigger increased scrutiny from regulators regarding Lupin's public disclosure practices?


































