Khalid Azizuddin
The provider is popular among users seeking a double materiality approach to sustainability analysis.
The body and the Japanese government have started talks over verification of future issuances.
It comes after China proposed a 'unified national system' for ESG disclosures.
Stricter language around the limits of member collaboration has also been introduced.
Market regulator SEBI said it made the changes to ease compliance and reduce costs.
It comes as financial regulator the FSA weighs up changes to the stewardship code.
The group also said it was 'concerned' about financial sector exclusions in the EU’s CSDDD.
The tool could be used to comply with climate-related disclosure requirements aligned with ISSB and internal decision-making.
US bankers also flag challenges around data timing mismatches and 'black box' climate modelling.
The company has been removed from a list of companies associated with the manufacture of cluster munitions by ESG ratings providers.