Adani Enterp. 2504.20↑10.85(0.44%)
Adani Ports 735.60↓-3.25(-0.44%)
Apollo Hospitals 4811.50↑189.55(4.10%)
Asian Paints 3229.90↑36.95(1.16%)
Axis Bank 927.10↑12.25(1.34%)
B P C L 366.25↑2.75(0.76%)
Bajaj Auto 4649.80↑82.65(1.81%)
Bajaj Finance 7043.80↑53.95(0.77%)
Bajaj Finserv 1456.50↑5.45(0.38%)
Bharti Airtel 825.70↓-24.20(-2.85%)
Britannia Inds. 4615.25↓-41.80(-0.90%)
Cipla 960.00↑6.95(0.73%)
Coal India 229.85↓-11.40(-4.73%)
Divi's Lab. 3542.55↑98.95(2.87%)
Dr Reddy's Labs 4537.15↑36.10(0.80%)
Eicher Motors 3729.80↑57.85(1.58%)
Grasim Inds 1707.00↓-11.35(-0.66%)
H D F C 2654.35↑13.95(0.53%)
HCL Technologies 1143.65↓-1.45(-0.13%)
HDFC Bank 1610.05↓-0.80(-0.05%)
HDFC Life Insur. 585.75↓-6.60(-1.11%)
Hero Motocorp 2808.85↑48.95(1.77%)
Hind. Unilever 2698.60↑31.05(1.16%)
Hindalco Inds. 407.50↑1.60(0.39%)
ICICI Bank 948.45↓-0.70(-0.07%)
IndusInd Bank 1294.45↑7.85(0.61%)
Infosys 1322.10↑3.80(0.29%)
ITC 440.60↓-4.90(-1.10%)
JSW Steel 695.25↓-1.05(-0.15%)
Kotak Mah. Bank 1941.45↓-72.90(-3.62%)
Larsen & Toubro 2213.90↑8.25(0.37%)
M & M 1329.55↑10.55(0.80%)
Maruti Suzuki 9354.45↓-13.25(-0.14%)
Nestle India 21787.05↑113.95(0.53%)
NTPC 173.00↓-0.85(-0.49%)
O N G C 154.05↓-0.85(-0.55%)
Power Grid Corpn 233.05↓-0.80(-0.34%)
Reliance Industr 2474.20↑4.30(0.17%)
SBI Life Insuran 1217.65↓-17.35(-1.40%)
St Bk of India 585.10↑5.25(0.91%)
Sun Pharma.Inds. 982.50↑7.15(0.73%)
Tata Consumer 800.50↑1.85(0.23%)
Tata Motors 530.10↑3.80(0.72%)
Tata Steel 106.15↑0.35(0.33%)
TCS 3332.60↑43.10(1.31%)
Tech Mahindra 1124.75↑9.20(0.82%)
Titan Company 2820.50↓-2.75(-0.10%)
UltraTech Cem. 7884.00↑13.95(0.18%)
UPL 681.45↓-3.65(-0.53%)
Wipro 407.25↑3.60(0.89%)

Sebi plans to make registration mandatory for ESG rating providers

Sebi proposes framework for ESG scoring parameters and rating providers in fresh consultation paper

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3 min read Last Updated : Feb 23 2023 | 6:31 PM IST

The Securities and Exchange Board of India (Sebi) is planning to make the registration for environmental, social, and governance (ESG) rating providers, or ERPs, mandatory under a new regulatory framework that will also look to address norms related to disclosures, methodology for ESG scoring, and developing a parallel approach for ESG rating suitable to emerging markets.

In a fresh consultation paper, the capital markets regulator has proposed a framework for ESG scoring parameters and rating providers.

Presently, ERPs are not subject to any regulatory oversight but continue to provide services for the securities market — a risk Sebi has identified towards investor protection, capital allocation, greenwashing, and risk pricing.