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    <description>Eligibility for an ESG rating provider certificate requires incorporation as a company, ESG rating as main object, submission of a securities-market focused business plan with breakeven and loss projections, a declaration limiting activities to specified ESG rating services, maintenance of positive liquid net worth, necessary infrastructure and qualified personnel, appointment of a compliance officer, fit-and-proper status, no adverse three year regulatory history, and Board-determined additional criteria; Category I and Category II registrations carry distinct higher and lower financial and specialist staffing requirements respectively.</description>
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      <description>Eligibility for an ESG rating provider certificate requires incorporation as a company, ESG rating as main object, submission of a securities-market focused business plan with breakeven and loss projections, a declaration limiting activities to specified ESG rating services, maintenance of positive liquid net worth, necessary infrastructure and qualified personnel, appointment of a compliance officer, fit-and-proper status, no adverse three year regulatory history, and Board-determined additional criteria; Category I and Category II registrations carry distinct higher and lower financial and specialist staffing requirements respectively.</description>
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