In Short : “An ICRA subsidiary receives SEBI approval to offer ESG (Environmental, Social, and Governance) ratings, marking a significant step towards promoting sustainable investing and corporate responsibility in India’s financial markets.” In Detail : ICRA stock inched up 0.24% on the NSE The credit rating agency ICRA Ltd announced that SEBI has granted its […]
ESG ratings space needs regulatory intervention – EQ Mag Pro
IEEFA considers ESG ratings to be instrumental, but their lack of comparability, clarity and alignment could create divergence and confusion among investors. Regulatory intervention is a crucial step for developing market confidence and protecting investors. The relevance of ESG ratings will otherwise remain uncertain. Market supports interventions to safeguard healthy, sustainable finance The pressure is […]
SEBI brings in a new set of norms for ESG ratings in compliance with the global standards, stay tuned for sustainability! – EQ Mag Pro
As per a recent revelation, Securities and Exchange Board of India (SEBI) introduced a fresh consultation paper containing the disclosure norms for ESG (environment sustainability and governance) involved mutual fund schemes. The security regulator is even looking forward to its disclosure provided in the rating press release which is undertaken by credit rating agencies. Its […]
