Archive

  • ESG ratings regulation could cover transition plan assessment products, says FCA

    04 October 2024

    The UK's planned regulation of ESG ratings providers could cover forward-looking ratings such as those in the burgeoning market for climate transition plan assessments, the FCA has suggested.

  • FCA sees 'huge amount' of applications for sustainability labels after slow start

    02 October 2024

    There has been a "huge amount" of applications to use UK sustainability labels for funds ahead of a deadline this week, according to the Financial Conduct Authority (FCA).

  • UK to introduce law regulating ESG ratings

    08 August 2024

    The UK will introduce law to regulate ESG ratings next year, in a move it says will help drive investment into sustainable companies.

  • FCA confirms start date for anti-greenwashing rule

    23 April 2024

    Financial services companies in the UK will be bound by anti-greenwashing rules from June, the Financial Conduct Authority (FCA) confirmed as it issued further guidance.

  • Regulating ESG ratings: Mission impossible?

    02 February 2024

    As regulators around the world seek to define good practice for ESG raters, they are discovering the complexities of doing so, writes Michael Hurley

  • IOSCO should oversee ESG data and ratings principles for regulators, S&P suggests

    31 January 2024

    The International Organisation for Securities Commissions (IOSCO) should develop a centralised set of principles for good conduct by ESG data and ratings providers, a senior executive at S&P has recommended.

  • ICMA publishes ESG ratings and data code of conduct

    14 December 2023

    The International Capital Market Association (ICMA) has published a voluntary 'code of conduct' for ESG ratings and data products.

  • Hong Kong to form ESG code of conduct working group

    01 November 2023

    A group is to be established to promote a "globally consistent" code of conduct for ESG ratings and data providers in Hong Kong.

  • Draft ESG data 'code of conduct' aims for international uptake

    05 July 2023

    The creators of a draft voluntary code of conduct for ESG ratings and data providers have hailed it as a "world-first" for its attempt to set internationally consistent standards for the rapidly growing market.

  • FCA raises concerns of 'greenwashing' in sustainability-linked loans

    30 June 2023

    The UK Financial Conduct Authority (FCA) has warned that the sustainability-linked loan (SLL) market is "not achieving its potential," and faces growing accusations of 'greenwashing' amid concerns of weak incentives, conflicts of interest, and misalignment with public climate goals.