One number. Audit-grade. Restatable.

One score out of 100, the same way for every listed company.

Carbon-only. Computed the same way for every listed company in India, so it's comparable like an exchange rating. Every mark has a rule and a public source.

Public filings only, scored the same way for everyone

The score is computed from public sources: SEBI BRSR and XBRL filings, BRSR Core assurance statements, the CDP and SBTi registries, and annual and integrated reports. Nothing is inferred from private data, and no number is generated by a model where a filing exists.

Points are grouped into three blocks. Disclosure and compliance covers whether a BRSR was filed, whether BRSR Core carries limited or reasonable assurance, and SBTi and CDP status. Emissions measurement covers reported Scope 1, Scope 2 and Scope 3, plus how many of the fifteen GHG Protocol Scope 3 categories are itemised. Claims defensibility asks whether public carbon claims are backed by assured data; making no claim is treated as neutral, not as a failure.

Thin disclosure is not the same as bad performance, and the score says so. Where a company has not been verified by Climes at the filing level, absences are reported as not identified in the sources reviewed. Scores map to five bands: Leader, Strong, Mid-pack, Lagging and Absent.

  • Whether a BRSR has been filed for the latest financial year, and whether BRSR Core carries limited or reasonable assurance
  • Scope 1 and Scope 2 emissions as reported, with the reporting year attached
  • Scope 3 emissions, and whether the figure is disclosed in the filing or estimated from an industry benchmark
  • How many of the fifteen GHG Protocol Scope 3 categories are actually itemised
  • SBTi status (committed or validated) and CDP participation
  • Whether public carbon claims are backed by assured data

Read the Carbon X-Ray methodology