Indian Micro, Small and Medium Enterprises (MSMEs) together accounting for about 6.5 crore have been contributing approximately 30% percent to India’s gross domestic product and 45% share in exports, and employing 28 crore persons (PIB, July 2025). There have been many success stories of Indian MSMEs that have become global entities. Business entities are increasingly becoming conscious about environment, social and governance (ESG). ESG score has an impact on SMEs’ financial performance, stock price movement, risk profile, and liquidity. Various financial and database service providers have been computing ESG scores based on the published data that quantify the ESG components. The current MSME ESG Risk assessment tool aims to analyze ESG risks of listed Indian MSME companies that will enhance the knowledge of ESG risks for all stakeholders. The objective of the tool is to promote learning and enhance the skillset of the stakeholders by using a web/mobile-based tool that can assess ESG risks and enhance the financial performance of Indian SMEs.
MSME Risk Assessment Tool, Copyright Certificate SW-16621/2023, Dr. Asha Prasuna, Prof. Dr. SNV Siva Kumar