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ESG shift: Carbon rules, sustainability mandates make compliance a business priority, say experts

Emerging regulatory frameworks such as the European Union’s carbon tax regime and India’s proposed Carbon Credit Trading Scheme (CCTS) are transforming environmental, social and governance (ESG) practices from a voluntary reporting exercise into a key compliance and business priority for companies, industry experts said.They cautioned that companies lacking credible carbon data systems and traceable reporting…

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Sebi, NISM and IICA sign MoU to strengthen capital markets, focus shifts to governance and ESG

The National Institute of Securities Markets (NISM), established by the Securities and Exchange Board of India (Sebi), and the Indian Institute of Corporate Affairs (IICA) under the Ministry of Corporate Affairs have signed a Memorandum of Understanding (MoU) to strengthen corporate governance, ESG frameworks and capital markets in India.According to the Ministry of Corporate Affairs,…

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Sebi forms working group to review ESG Rating Providers regulatory framework

New Delhi, Markets regulator Sebi on Wednesday 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…

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