Sebi Tweaks ERPs Framework
As per SEBI, ERPs must disclose on their website the financial sector regulator or authority under which they conduct ESG ratings for each product
As per SEBI, ERPs must disclose on their website the financial sector regulator or authority under which they conduct ESG ratings for each product
The NSE conducted a surprise inspection of the Gensol EV plant in Chakan, Pune, revealing no manufacturing activity and only 2-3 laborers present
SEBI updates, which include disclosing green credits both at the entity and the value chain level, enhance the transparency, comparability, and reliability of ESG disclosures by Indian companies.
In a new consultation paper, SEBI has invited proposals that cover ERPs following a subscriber-pays model and an issuer-pays business model
Environment, Social & Governance or ESG is not merely about ticking boxes; it’s about building a fundamental base for the transformation towards sustainable business practices
SEBI has extended the ESG disclosure deadline for value chain partners of listed companies to FY26, allowing more time for compliance with BRSR requirements.
The trend is in contrast to DEI reports by market analysis and advisory companies, despite the lack of consolidated data on the issue
Recent surveys reveal market regulator’s questionnaire format lapses and the corporate sector’s use of BRSR loopholes for their benefit
The current BRSR questionnaire format leads to incomplete submissions, hindering the creation of a reporting structure
SEBI has outlined ESG provisions for the value chain, including upstream and downstream partners and reporting of KPIs in BRSR Core
After reviewing the BRSR submissions for FY2022–2023, NSE found many discrepancies in the disclosures provided by the listed companies
The approval makes the ICRA subsidiary one of India’s few organizations offering comprehensive risk-monitoring solutions for ESG ratings