SEBI Proposes Measures to Strengthen the Framework for ‘ESG Rating Providers’
- Blog|News|Company Law|
- < 1 minute
- By Chetan Kulasri
- |
- Last Updated on 15 February, 2025
Latest from Taxmann
Consultation Paper; Dated: 13.02.2025
SEBI has released a Consultation Paper seeking public comments on the proposals to strengthen ‘ESG Rating Providers’ (ERPs). ESG stands for environmental, social and governance. SEBI has proposed the circumstances under which ERPs can withdraw ratings under the Subscriber-Pays business model and an Issuer-Pays business model. Under the Subscriber-Pays business model, an ERP can withdraw a rating if there are no subscribers for the rating on the date of withdrawal.
Click Here To Read The Full Updates
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
CA | CS | CMA
