MUMBAI, India, Jan. 9 -- Intellectual Property India has published a patent application (202531131316 A) filed by Kalinga Institute Of Industrial Technology, Bhubaneswar, Orissa, on Dec. 24, 2025, for 'triple bottom line sustainability assessment framework and method for financial services industry evaluation.'
Inventor(s) include Mandal, Nirmal K; Patnaik, Srilata; Gochhayat, Jyotiranjan; and Parida, Prasanta.
The application for the patent was published on Jan. 9, under issue no. 02/2026.
According to the abstract released by the Intellectual Property India: "The present disclosure provides a Triple Bottom Line Sustainability Assessment Framework (TBLSAF) system for calculating a sustainability index for financial services institutions, comprising: a Profit dimension module configured to evaluate financial performance indicators including ESG-linked assets, cost-income ratio, fraud prevention rate, and return on equity; a People dimension module configured to evaluate social responsibility indicators including complaint resolution rate, employee ethics violations, gender pay gap, and financial literacy reach; a Planet dimension module configured to evaluate environmental indicators including green bond portfolio percentage, financed emissions intensity, and renewable energy usage; a normalization module configured to convert indicator measurements to a standardized scoring scale; an aggregation module configured to calculate an overall sustainability index through weighted aggregation; and a classification module configured to classify the institution into a performance tier based on the sustainability index."
Disclaimer: Curated by HT Syndication.
