Can an ESG Rating Provider provide ESG services?

QuestionsCategory: EnvironmentCan an ESG Rating Provider provide ESG services?
Sakshi Pawar asked 1 year ago
Summary
Can an ESG rating Provider provide ESG services?
Article Name
Can an ESG rating Provider provide ESG services?
Description
Explore SEBI's regulations on ESG consultancy and discover if ESG rating providers can provide ESG services. Gain insights now.
Author
Publisher Name
GreenSutra
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1 Answers
Best Answer
Team GreenSutra Staff answered 1 year ago

Basis the rules outlined by Securities and Exchange Board of India (SEBI) dated 23rd July 2023, an ERP also referred to as ESG Rating Provider should not provide ESG or related advisory and or consultancy services to ensure no-conflict scenarios.