Market regulator Sebi plans simplified BRSR, ESG rating regulations

Buch calls for independence of emerging economies in ESG matters, carbon credit pricing

The Securities and Exchange Board of India (Sebi) plans to simplify the framework around the Business Responsibility and Sustainability Report (BRSR), and also provide a road-map for environmental, social, and corporate governance (ESG) auditing and rating.

These changes would be based on the recommendations made by a committee formed by the capital markets regulator on ESG regulations, said Sebi Chairperson Madhabi Puri Buch.

Speaking at a seminar organised by National Productivity Council, Buch noted at international forums, Sebi has been discussing that emerging economies like India should have an independent view on ESG matters, apart from global standards.