Azure Power Ranked Top 10 Global Renewable Energy Company for Sustainability by Sustainalytics

Azure Power, a leading solar power producer in India, was ranked as the 10th best renewable energy company, or in the top 16th percentile, of all global renewable power producers for sustainability by Sustainalytics. In addition, Azure Power ranked 21st, or in the top 5%, of 469 global utilities covered by Sustainalytics. Sustainalytics' ESG Risk Ratings measure company-level environmental, social, and governance (ESG) risk by combining the concepts of management and exposure to arrive at an overall quantitative rating which is expressed across a risk spectrum of severe, high, medium, low or negligible. By providing an absolute measure for assessing company ESG risk, Sustainalytics' Ratings are comparable for companies in different industries.