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<h1>SEBI Introduces Robust ESG Debt Securities Framework to Enhance Transparency and Prevent Purpose-Washing in Financial Markets</h1> SEBI issued a comprehensive framework for Environment, Social and Governance (ESG) debt securities, establishing guidelines for social bonds, sustainability bonds, and sustainability-linked bonds. The circular defines different types of ESG debt securities, mandates specific disclosure requirements, and outlines responsibilities for issuers to prevent purpose-washing. The framework aims to promote transparency, standardize ESG debt issuance, and ensure alignment with recognized international standards, with implementation effective from June 05, 2025.