Rating process and monitoring of ESG rating
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....ymbols 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 rating products or services. (d) promptly disclose t....
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....s 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 issuers covered by its ESG rating products while ensuring that the same does not compromise the o....
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....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 addendum to the ESG rating report with its remarks, for circulation to all its subscribers, as considered appropriate by the ESG rating....