News > India aims to expand scope of ESG debt as nation notches record

India aims to expand scope of ESG debt as nation notches record

The SEBI will consult on introducing social bonds, with sustainable and sustainability-linked bonds, to the current suite of environmental, social and governance debt. Plans also include adding eligible asset-backed securities and a requirement for independent external reviews of all ESG debt, according to a report. India’s issuance of ESG debt this year has touched $15.6 billion, surpassing a previous annual record in 2021, according to data.