Master Circular regulates Environmental, Social, and Governance ...
Master Circular regulates ESG Rating Providers. Specifies requirements, obligations. Board responsible for compliance.
Circulars SEBI
July 22, 2024
Master Circular regulates Environmental, Social, and Governance (ESG) Rating Providers (ERPs) under Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999. Specifies procedural/disclosure requirements and obligations for ERPs. Mandates ERPs comply with conditions, have necessary systems/infrastructure. Board of Directors responsible for compliance. Applicable immediately upon notification. Listed entity as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Monitoring through yearly internal audit. Issued under SEBI Act, 1992 to protect investors, promote securities market development/regulation.
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