New Delhi, April 26 -- In a move aimed at promoting sustainable investment and corporate practices, the Securities and Exchange Board of India (SEBI) has granted approval to CRISIL ESG Ratings & Analytics Limited to provide environmental, social, and governance (ESG) ratings.
The approval comes at a pivotal time when ESG disclosures are improving and financial markets are increasingly recognising the importance of independent ESG assessments.
CRISIL ESG Ratings & Analytics, a wholly-owned subsidiary of CRISIL Ratings Limited, has been designated as a Category 1 provider of ESG ratings, the rating firm stated on Thursday.
According to Amish Mehta, Managing Director and CEO of CRISIL, The approval will support decision-making fo...