CRISIL announces launch of CRISIL Foundation

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Mar 6, 2013 - CRISIL, a global analytical company providing ratings, research, risk ... guided by the principle of “do
March 06, 2013 Mumbai

CRISIL announces launch of CRISIL Foundation Financial awareness, environment conservation to be Foundation’s focus areas CRISIL, a global analytical company providing ratings, research, risk, and policy advisory services, today announced the launch of the CRISIL Foundation, a platform for achieving its twin goals of increasing financial awareness and conservation of the environment. The CRISIL Foundation was launched by Harold McGraw III, Chairman, President and Chief Executive Officer, The McGraw-Hill Companies. CRISIL’s majority shareholder is Standard & Poor’s. Standard & Poor’s, a part of The McGraw-Hill Companies (NYSE: MHP), is the world’s foremost provider of credit ratings. CRISIL’s Corporate Social Responsibility agenda and initiatives that the Foundation will undertake will be guided by the principle of “doing good with what CRISIL is good at”. Over the years, the company has undertaken a number of activities aimed at giving back to society. For example, CRISIL works with Rashtriya Gramin Vikas Nidhi (RGVN), a non-profit organisation, to run ‘Pragati’, a series of personal finance awareness workshops for rural women and youth in North-East India. Under the Pragati umbrella, CRISIL will also organise ‘Shiksha Shanivar’, where it will impart life skills to underprivileged school girls in Rajasthan, in partnership with non-governmental organisation EducateGirls. However, the need was felt for an overarching platform that would help CRISIL achieve its goals in a more structured and strategic way. That platform is the CRISIL Foundation. Launching the foundation, Harold McGraw III, Chairman, President and Chief Executive Officer, The McGraw-Hill Companies, said, “The launch of the CRISIL Foundation reaffirms our commitment to good corporate citizenship in every community around the globe where we do business. It is demonstrated through our environmental stewardship and our commitment to providing the essential financial skills and know-how that build better lives, stronger communities and stable economies. For more than 125 years, McGraw-Hill’s commitment has not wavered and with the launch of the CRISIL Foundation continues to grow stronger.” Roopa Kudva, Managing Director and CEO, CRISIL, said, “In its first year, the CRISIL Foundation will partner with EducateGirls and RGVN respectively to positively impact the lives of 50,000 girls in 4,000 Rajasthan schools, and 3,500 women and youth in Assam, Tripura and Sikkim under Pragati.” CRISIL Foundation’s agenda of promoting financial awareness is aligned with its corporate mission of “making markets function better”. The goal of conservation of the environment is aligned with CRISIL’s strong belief in greener ways of doing business. As part of its green initiatives, the company’s headquarters, CRISIL House, has acquired a LEED Platinum certification, one of the very few such structures in the country. CRISIL has also consciously reduced its Data Centre footprint leading to savings in power, and puts great emphasis on conservation of paper. For information, please contact: Mitu Samar Director, Communications and Brand Management CRISIL Phone: (Direct): +91-22-3342 1838 Board: +91-22-3342 3000 Extn: 1838 Mobile: +91-98200 61934 Fax: +91-22-3342 3001 Email: [email protected]

March 06, 2013

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Tanuja Abhinandan Communications and Brand Management CRISIL Limited

Phone: (Direct): +91-22-3342 1818 Board: +91-22-3342 3000 Extn: 1818 Mobile: +91-98192 48980 Fax: +91-22-3342 3001 Email: [email protected] About CRISIL Limited, a Standard & Poor's Company (www.crisil.com) CRISIL is a global analytical company providing ratings, research, and risk and policy advisory services. We are India’s leading ratings agency. We are also the foremost provider of high-end research to the world’s largest banks and leading corporations. Our majority shareholder is Standard & Poor's (S&P). Standard & Poor's, a part of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of credit ratings. CRISIL PRIVACY NOTICE CRISIL respects your privacy. We use your contact information, such as your name, address, and email id, to fulfill your request and service your account and to provide you with additional information from CRISIL and other parts of The McGraw-Hill Companies, Inc. you may find of interest. For further information, or to let us know your preferences with respect to receiving marketing materials, please visit www.crisil.com/privacy. You can view McGraw-Hill's Customer Privacy Policy at http://www.mcgraw-hill.com/site/tools/privacy/privacy_english. Last updated: April 30, 2012 Disclaimer This Press Release is transmitted to you for the sole purpose of dissemination through your newspaper / magazine / agency. The Press release may be used by you in full or in part without changing the meaning or context thereof but with due credit to CRISIL. However, CRISIL alone has the sole right of distribution of its Press Releases for consideration or otherwise through any media including websites, portals etc.

March 06, 2013

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