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
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
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
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.
IiAS Sustain – Policies
General nature of compensation arrangements with rated entities
Policy for request for review/appeal by Issuer against the rating being assigned to its securities
Guidelines on what constitutes non-cooperation, in case of ERPs following an issuer-pays business model
Gift Policy
Confidentiality Policy
Policy on Outsourcing of Activities
Disclosure on Managing Conflict of Interest
IiAS Policies & Disclosures
IiAS Advisory's regulatory policies and disclosures are published on the IiAS website. Click below to view them.
Frequently Asked Questions
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.
Subscribe. Never miss an update.
Get the latest insights and updates from IiAS directly in your inbox. Subscribe to our newsletter for regular updates on ESG ratings, governance insights, and sustainability trends.