Parliament Parliament Q&A
SEBI defines purpose-washing, registers 19 ESG rating providers
Dr. Sambit Patra asked the Finance Ministry about actions to promote ESG principles, regulatory mechanisms for BRSR violations, measures against 'purpose washing', and regulation of ESG rating agencies.
Asked and answered by: Dr. Sambit Patra (asked), Finance Ministry (answered)
What the government said
- SEBI prescribed ESG disclosures based on NGRBCs under BRSR
- BRSR mandatory for top 1000 listed companies from FY 2022-23
- SEBI designated Stock Exchanges as first-level regulators for monitoring
- SEBI defined purpose-washing for ESG debt securities
- SEBI requires independent third-party reviewers for ESG debt securities
- 19 ESG Rating Providers registered with SEBI
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The original document
Parliament of India — Questions & Answers (Lok Sabha, starred)
Question to govt · Ref. LS Q214 (Session 8) · 3 Aug 2026
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