“Gujarat International Finance Tec-City (GIFT City) is emerging as a crucial global finance hub, attracting various financial and technology firms with its unique blend of regulatory advantages, tax...
Published On: 02/03/2023
Practice Area: Corporate & Commercial, Private Equity, Venture Capital and Fund Investment, Government & Regulatory
Authors:
Anindya Ghosh
Ravin Abhyankar
Regulators, investors and businesses are progressively aligning on the need to devise a robust regulatory framework detailing environmental, social and governance related norms and processes. In an attempt to streamline the three emerging spheres of ESG disclosures, ESG ratings and ESG investing, the Securities and Exchange Board of India released a consultation paper on 'ESG disclosures, ratings and investing', on February 20, 2023. INDUSLAW's Anindya Ghosh, Aishwaria Ramanan and Ravin Abhyankar summarize the key proposals under the aforementioned consultation paper and provide their views on developing a comprehensive ESG framework.
