The situation improves somewhat if one looks at the separate scores for each individual letter of the ESG acronym. Yet, measurement error can be substantial even when focusing on a single indicator. Consider for instance carbon emissions, a crucial one.
This legislation, not only empowers the Reserve Bank of India to authorise, monitor and supervise various players and infrastructural arrangements in place for payment and settlement systems, but also eliminates certain ambiguities that existed in adherence to processes and procedures related to payment and settlement activities.