SEBI has given approval to CARE Ratings Ltd's subsidiary CARE ESG Ratings to provide environmental, social, and governance (ESG) ratings.

Banking & Finance

SEBI has given approval to CARE Ratings Ltd's subsidiary CARE ESG Ratings to provide environmental, social, and governance (ESG) ratings. Such ratings will enable the issuers to discern steps for the betterment of their sustainability performance. Having received the registration under the SEBI (Credit Rating Agencies) Regulations on May 2, 2024, CARE ESG Ratings Ltd will commence its ESG rating activity. Investors and stakeholders have adopted new perspectives on ESG-based reporting, and performance, both domestically and internationally.


      In 2023, SEBI amended its regulations pertaining to credit rating agencies, whereby ERPs can be allowed to register with the regulator under the CRA (Credit Rating Agencies) norms.

     

     

 

     


Securities and Exchange Board of India (SEBI)

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