ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles By Kasturi Das

Navigating ESG Disclosure and Ratings’ Conundrum

The Securities and Exchange Board of India’s proposal on the India-specific parameters for incorporation in environment, social and governance disclosures is analysed in view of recent developments on the ESG disclosure and ratings globally. The paper has tried to understand whether SEBI’s proposal provides an avenue for eliminating the confusion and restoring the lost trust in disclosure and ratings in a meaningful way.

Towards a Trade Regime that Works for the Paris Agreement

Achieving the goals of the Paris Agreement on climate change requires support from the international trade system. The ways in which international trade policy could support climate policy, including legal changes at the World Trade Organization, procedural changes in institutions and practices, and use of plurilateral and regional trade agreements, are examined here. While it may be difficult to agree upon the legal changes, the procedural changes and plurilateral and regional agreements offer a clear way forward in the short to medium term.

Dispute Settlement in Bilateral Investment Agreements

The investor-state dispute settlement provisions, which are generally part of bilateral investment promotion and protection agreements, are increasingly being called into question by governments of various nations, especially those in developing countries. In the recent past, multinational corporations have begun using international arbitration clauses in the ISDS to challenge governments in countries where they invest and operate, thereby challenging national public policy decisions. With the global tide going against ISDS provisions, can India find a more opportune moment than now to take a call on this important issue