SEBI board approves balanced ESG framework, prescribes glide path for top 150 listed firms from FY242 min read 29 Mar 2023, 10:08 PM IST
Sebi's board approved the regulatory framework for ESG (Environmental, Social and Governance) Disclosures, Ratings and Investing and amendments to facilitate a balanced approach to ESG.
Market regulator Sebi's board approved a balanced framework for ESG (Environmental, Social and Governance) disclosures, ratings and investing. In a board meeting, the regulator said, to enhance the reliability of ESG disclosures, the BRSR (Business Responsibility and Sustainability Report) Core shall be introduced. For this, the regulator prescribed a glide path for top 150 listed firms in terms of market share from FY24. This path is likely to rise to top 1000 listed firms by FY27.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category