SEBI’s 5 June 2025 Circular: A Turning Point for ESG Debt in India

The Indian financial markets are witnessing a pivotal shift in how sustainability is integrated into corporate financing. On 5 June 2025, the Securities and Exchange Board of India (SEBI) released a comprehensive circular (SEBI/HO/DDHS/DDHS-POD-1/P/CIR/2025/84), establishing a regulatory framework for ESG Debt Securities. This circular significantly widens the scope of India’s sustainable finance instruments beyond green […]