Sebi Initiates Overhaul of ESG Rating Regulations
The Securities and Exchange Board of India (Sebi) has formed a working group to review the regulatory framework for ESG Rating Providers (ERPs). Comprised of industry experts and stakeholders, the group aims to enhance transparency and reliability. It will also align Indian practices with global standards.
- Country:
- India
The Securities and Exchange Board of India (Sebi) announced on Wednesday the formation of a working group tasked with evaluating the regulatory framework governing ESG Rating Providers (ERPs).
The initiative aims to incorporate feedback from market participants, addressing concerns about transparency and reliability in ESG ratings.
Experts from various sectors, including issuers, investors, ERPs, and academia, will assess international regulatory developments to align with global best practices for India's market landscape.
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