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Why do Sebi’s ESG disclosure and assurance norms give India Inc the jitters?
Market watchdog Sebi’s notification on environmental, social, and governance (ESG) disclosures and assurance requirements for value chain partners of top 1,000 listed entities by market cap has stirred many businesses to take serious note of ESG performance parameters of their key suppliers and vendors.
In this Early impressions publication we have analysed the RBI (India’s central bank). The RBI strongly supports equality and fairness amongst lenders. This includes fairness in lending processes. This publication discusses our views on their recent notification to enhance this practice for retail/MSME borrowers.
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