Mumbai, June 6 -- NSE Sustainability Ratings and Analytics, a defunct subsidiary of the stock exchange NSE, has launched ESG ratings services for listed companies.

It marks a significant milestone in advancing sustainable business practices in India.

NSE Sustainability focuses on assessing Environmental, Social, and Governance (ESG) performance, providing stakeholders with vital information to make informed decisions.

The company NSE Sustainability said in a statement Friday it received its certificate of registration from the Securities and Exchange Board of India (SEBI) to operate as a Category I ESG Rating Provider (ERP).

As a wholly owned subsidiary of NSE Indices Limited, which is, in turn, a wholly owned subsidiary of the Nation...