Sebi forms working group to review ESG Rating Providers regulatory framework

New Delhi: Markets regulator Sebi said it has formed a working group to undertake a review of the regulatory framework governing ESG Rating Providers (ERPs).

The decision has been taken based on feedback received from market participants and stakeholders regarding the existing regulatory framework.

The working group comprises representatives from issuers, investors/ ESG rating users, domestic ERPs, global ERPs, ESG analysts, legal experts and academia, the Securities and Exchange Board of India (Sebi) said in a statement.