EcoRatings gets SEBI license for ESG Ratings, Legal News, ET LegalWorld


EcoRatings Fintech Solutions Pvt. Ltd, a subsidiary company of EcoRatings Software Solutions, receives SEBI license as a provider of environmental, social, and governance (ESG) ratings.

The license will grant EcoRatings to provide ESG ratings to financial securities- both listed and about to be listed, as well as to the issuer companies.

ESG ratings enable investors to identify and mitigate potential risks linked to environmental, social, and governance factors, thereby reducing the likelihood of adverse impacts on their investments.

ESG ratings are essential for corporations, offering a range of strategic benefits.

They enable access to green loans with lower interest rates, create competitive pricing advantages that drive revenue growth, and increase eligibility for government incentives focused on sustainability.

Strong ESG ratings also enhance brand differentiation in a crowded marketplace and open opportunities to expand export share in key international markets such as the US and EU, where ESG performance plays a critical role in market access and growth.

Uniquely positioned, EcoRatings leverages a fully AI-driven technology approach to calculate ESG ratings, making it likely the only company in India with this capability.Aqeel Ahmed, Director EcoRatings

He adds, “The recent SEBI registration marks a significant advancement for the corporate and financial services sectors, enabling clients to access transparent and precise ESG ratings for their organizations as well as their listed/about-to-be listed financial securities.”EcoRatings is a Gen AI-powered platform dedicated to building a Unified Knowledge Platform for ESG (Environmental, Social, and Governance) requirements.

  • Published On Nov 20, 2024 at 04:02 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETLegalWorld App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *