Who We Are

IiAS Sustainability Solutions Limited (IiAS Sustain) is an ESG Rating Provider dedicated to delivering high-quality ESG ratings, benchmarks, data, and insights on companies’ environmental, social, and governance disclosures and practices. IiAS Sustain is registered with the Securities and Exchange Board of India (SEBI) as a Category II ESG Rating Provider (ERP) and is a wholly owned subsidiary of Institutional Investor Advisory Services India Limited (IiAS).

IiAS Sustain’s objective is to enable investors, companies, and regulators to integrate ESG considerations into decision-making through transparent, data-driven, and independent evaluations. Our ESG ratings and benchmarks are designed to provide comparability across companies and sectors, while our analytical opinions help stakeholders interpret ESG disclosures in the context of best practices, regulatory requirements, and global standards.

By combining IiAS’ deep expertise in corporate governance with rigorous ESG frameworks, IiAS Sustain is uniquely positioned to support the Indian market in strengthening accountability, improving disclosure quality, and advancing the sustainability agenda.

SEBI Registration: INH000000024 (Registration Category-II/0006) 

Governance & Research

Independent opinions, research, and data on corporate governance and ESG issues.

Technology Platforms

Cloud-based platforms like SMART and ADRIAN for stewardship and data analysis.

ESG Integration

Guiding hedge funds, AIFs, and PE Funds in their ESG assessments and investment decisions.

Our People

Board of Directors

Amit Tandon

Amit Tandon

Founder and Managing Director

Led Fitch Ratings in India & Sri Lanka; prior leadership roles at ICICI Securities across capital markets, M&A, and advisory businesses.

Dr. Shubhada Rao

Dr. Shubhada Rao

Independent, Non-Executive Director

Founder of QuantEco; ex-Chief Economist at YES Bank. Renowned for forward-looking economic commentary. Gold medalist and PhD in Economics, University of Mumbai.

Hetal Dalal

Hetal Dalal

President and Chief Operating Officer

Prior to joining IiAS, Hetal Dalal was Director, Ratings Business Development at CRISIL Limited. She held leadership roles across several business verticals during her stint at CRISIL. Her experience spans analytics, operations, and business development. Hetal holds an MMS (Finance) degree from NMIMS and is a Chartered Accountant.

Policies

IiAS Voting Recommendations' Methodology and Process

A brief note outlining the method and process that IiAS’ analysts follow in arriving at voting recommendations.

Securities Trading Policy

IiAS is a proxy advisory firm dedicated to providing market participants with data, research and opinions on corporate governance issues. Our voting advisory reports recommend how investors should vote on shareholder resolutions – these do not carry any buy or sell recommendations.

Anti-Money Laundering Policy

As per SEBI AML guidelines, IiAS has adopted this AML Policy, commensurate with its business and clients.

Website Privacy Policy

In general, this Website may be visited without revealing information about yourself. Some features may require limited personal information.

Policy on dealing with Complaints and Grievances received from Market Participants

The process to be followed in dealing with complaints and grievances received from market participants.

Review and Oversight Committee

The Review and Oversight Committee (ROC) has been constituted to oversee the voting recommendations published by IiAS.

Policy on Communication with Investors, Companies, Media and Regulators

The basis of IiAS’ communication with such stakeholders, with specific context to its voting advisory and engagement services.

Policy on Prevention of Sexual Harassment

IiAS is an equal employment opportunity company and is committed to creating a healthy working environment.

Code of Conduct

Guidelines for business conduct required of IiAS’ personnel.

Nomination and Remuneration Policy

Guide on appointment, remuneration, removal and evaluation of performance of Directors, KMP and employees.

Investor Charter in respect of Research Analyst (RA)

Investor Charter in respect of Research Analyst (RA) with reference to SEBI Circular dated 13 December 2021.

Management of Conflicts of Interest Policy

Preserving research integrity and preventing conflicts of interest related to IiAS’ voting advisory services.

Disclosures

IiAS Securities Holding Statement

IiAS may, from time to time, own nominal shares in companies that form a part of its coverage list for its voting advisory services. Holdings are generally one equity share per listed company under coverage; quantities may vary due to corporate actions. The holdings are updated at regular intervals.

Appointment Letter for Independent Directors

Letter of appointment issued to independent directors.

IiAS Shareholders

Our shareholders include: Aditya Birla Sunlife AMC Limited, Axis Bank, Fitch Group Inc., HDFC Bank, ICICI Prudential Life Insurance, Kotak Mahindra Bank, RBL Bank, Tata Investment Corporation, UTI Asset Management and Yes Bank. In addition, the following individuals own equity shares in the company: Amit Tandon, Anil Singhvi, Deven Sharma, Hetal Dalal, and R Jayakumar.

Annual Return

Annual return required pursuant to sub-section (1) of section 92 of Companies Act, 2013 and sub-rule (1) of rule 11 of the Companies (Management and Administration) Rules, 2014.

Disclosure relating to complaints received

Investors complaints data disclosed monthly under SEBI circular no. SEBI/HO/IMD/IMD-II CIS/P/CIR/2021/0685.

Terms & Conditions

Terms of Use

These terms govern your use of our website and services. By accessing or using our platform, you agree to be bound by these terms and conditions.

Privacy Policy

We are committed to protecting your privacy. This policy explains how we collect, use, and safeguard your personal information when you use our services.

Data Protection

We implement appropriate security measures to protect your personal data against unauthorized access, alteration, disclosure, or destruction.

Service Limitations

Our ESG ratings and recommendations are provided for informational purposes. Investment decisions should be made based on your own analysis and professional advice.

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