Nearly a dozen entities have obtained or are in the process obtaining of regulatory licences for environmental, social, and governance (ESG) rating providers (ERPs), even as revenue streams appear limited due to the market remaining in its nascent stage.
So far, the Securities and Exchange Board of India (Sebi) has granted ERP registration to units owned by credit rating agencies ICRA, CRISIL, and CareEdge. Besides, SES ESG Research, an arm of the voting advisory firm Stakeholders Empowerment Services (SES), has also obtained a certificate of registration. Proxy advisory firm IIAS' ESG scoring subsidiary is also in the process of seeking registration.
Meanwhile, global majors MSCI ESG Ratings and London Stock Exchange Group are awaiting certification from the market regulator Sebi.
Bu hikaye Business Standard dergisinin May 17, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin May 17, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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