HPCL ESG Rating Updated; Company Disagrees with Assessment

Hindustan Petroleum Corporation Ltd (HPCL) has been informed of an updated ESG rating by ESG Risk Assessments & Insights Limited. However, HPCL believes the revised rating does not adequately reflect its sustainability initiatives and disclosures in its Integrated Annual Report and Business Responsibility & Sustainability Report. The company clarified that it did not engage the rating agency and the report was prepared independently. Investors can view the rating at the provided link.