Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
SEBI Issues Framework for Listing of Social, Sustainability, and
The Securities and Exchange Board of India (SEBI) has introduced a comprehensive framework for the listing of Social Bonds, Sustainability Bonds, and Sustainability-Linked Bonds as part of the broader category of ESG (Environmental, Social, and Governance) debt securities. This move is aimed at promoting sustainable finance and providing new avenues for raising capital for projects with positive social and environmental impacts. The framework outlines specific disclosure requirements, use of proceeds, and reporting standards for these bonds. By creating a regulated and transparent market for ESG-themed debt instruments, SEBI intends to attract both domestic and international investors who are increasingly focused on sustainable investing. This initiative is a significant step towards aligning India's capital markets with global sustainability goals and is expected to channel more funding into green and socially responsible projects, contributing to the country's overall sustainable development objectives.