SEBI Relaxes on Timeline for Review of ESG Rating on BRSR Publication
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- Last Updated on 22 January, 2025
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Circular no. SEBI/HO/DDHS/DDHS-PoD-3/P/CIR/2025/007; Dated: 17.01.2025
Under the extant norms, ESG Rating Providers (ERPs) will carry out a review of the ESG ratings upon the occurrence of or announcement/ news of such material developments immediately, but not later than 10 days of occurrence of the said event. Considering the challenges faced in ESG ratings for a large pool of listed companies, SEBI has specified that review of ESG rating pursuant to publication of BRSR shall be carried out immediately, but not later than 45 days of the publication of the BRSR.
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