Oil fund calls Indian regulator to harmonize ESG rules with international standards

India has embarked on developing new ESG reporting guidelines for the top-1000 listed companies. Norway’s oil fund encourages sustainability to be reported in a consistent and comparable manner across markets.
Carine Smith Ihenacho, chief governance and compliance officer at NBIM, recently responded to the public consultation by the Indian regulatory body SEBI, located in Mumbai. | Photo: PR: NBIM and Pexels: Stijn Dijkstra.
Carine Smith Ihenacho, chief governance and compliance officer at NBIM, recently responded to the public consultation by the Indian regulatory body SEBI, located in Mumbai. | Photo: PR: NBIM and Pexels: Stijn Dijkstra.

Norges Bank Investment Management (NBIM) is calling for the Indian regulator to harmonize its ESG rules with international sustainability reporting standards.

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