Rating process and monitoring of ESG rating
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....c of new ESG rating instruments or symbols introduced by it; (c) ensure that the ESG rating suitably incorporates the environmental, social and governance aspects that are contextual to the Indian market, in such manner as may be specified by the Board from time to time: Provided that nothing contained above shall preclude the ESG rating provider from offering additional ESG rati....
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....sing transparent and defined methodologies; (g) have efficient systems to track material developments related to environmental, social and governance factors to ensure timely and accurate ESG ratings; (h) attempt to continually improve information gathering processes in respect of the issuers and securities rated by it; (i) respond to, and address issues flagged by issue....
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....eived from the rated entity within the specified timeline shall be included in the addendum to the ESG rating report by the ESG rating provider and if the rated entity or the issuer has a different viewpoint on the data or assumptions stated in the ESG rating report, the ESG rating provider, after taking into account the said viewpoint, shall either revise the ESG rating report or issue an addendu....
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