SEBI Issues Clarifications for ESG Rating Providers on Withdrawals | Disclosures | Governance

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  • By Chetan Kulasri
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  • Last Updated on 1 May, 2025

ESG Rating Providers

Circular NO. SEBI/HO/DDHS-POD-2/P/CIR/2025/59, Dated: 29.04.2025

SEBI has issued clarificatory and procedural changes to support ESG Rating Providers (ERPs). Key updates include relaxation in ESG rating withdrawal norms based on business models, disclosure of Rating rationale on the website of ERP & stock exchange, internal audit and governance requirements for ERPs, and expanded eligibility for auditors.

Click Here To Read The Full Circular

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