Regulatory Disclosures

CARE ESG Grievance Redressal Mechanism1

CARE ESG Ratings Ltd.’s rating process flowchart :

The rating process takes about four to six weeks, depending on the complexity of the assignment and the flow of information from the client. Ratings are assigned by the Rating Committee.

 

 

Disclosures as per Master Circular for ESG Rating Providers SEBI/HO/DDHS/POD3/P/CIR/2024/45 dated May 16, 2024

  • 19.3.1.1 Rating summary sheet
  • 19.3.1.2 Details of new ESG ratings assigned during last year
  • 19.3.1.3 Movement of ESG rating of all outstanding listed entities/ securities during the last year
  • 19.3.1.4 History of ESG rating of all outstanding listed entities/ securities
  • 19.3.2.4 Average one-year rating transition rate over a 3-year period
  • 19.3.3.1 General nature of its compensation arrangements with the issuers
  • 19.3.3.2 Total receipt from ESG rating services and non-ESG rating services
  • 19.3.3.3 Issuer wise percentage share of non-ESG rating income of the ERP and its subsidiary to the total revenue of the ERP and its subsidiary from that issuer
    • FY2024-25: Not applicable
  • 19.3.3.4 Names of the rated issuers who along with their associates contribute 10% or more of total revenue of the ERP and its subsidiaries
  • 38.2.2 Common director or CEO or MD between CRA and the non-rating entity