Environmental, Social, and Governance (ESG) Framework
at Svasti Microfinance

Svasti, since its inception, has been committed to providing high-quality financial services to low-income households.
Over the years, Svasti has committed to and adhered to various elements of responsible finance, social performance, and corporate governance.
Most of the standards globally recognized as Environmental, Social, and Governance (ESG) frameworks were already integrated into Svasti’s business operations. A testament to this has been various external ratings received by Svasti over the years.
Given the evolution of the ESG framework globally and within India, Svasti understands the need to consolidate its work on these elements into a formal ESG Policy.
Svasti also recognizes the importance of adopting ESG Frameworks as a form of risk mitigation and as a framework that can help the organization stay focused on sustainable growth while ensuring customers’ and employees’ well-being.
You can view the various ratings and certifications Svasti has received over the years, on our performance page, or via the images below.
ESG Policy Framework
at Svasti Microfinance

Environmental Performance
Svasti recognizes and acknowledges the need to integrate environmental performance in its business strategy and systems.

Social
Performance
Svasti adopted responsible finance practices including building customer centric processes and responsible employee engagement.

Corporate Governance
Corporate governance is at the core of Svasti’s functioning. Svasti adopted good corporate governance practices based on the international best practices.

ESG Reporting at Svasti
Reporting on ESG framework and results will be presented to the Svasti Board every year using the SPI Online tool developed by CERISE. Svasti will also seek third-party evaluation of its performance on environmental and social ratings, sustainability ratings (by the Agents for Impact), client protection certification, and code of conduct assessment.