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IOSCO should oversee ESG data and ratings principles for regulators, S&P suggests
31 January 2024The 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.
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ICMA publishes ESG ratings and data code of conduct
14 December 2023The International Capital Market Association (ICMA) has published a voluntary 'code of conduct' for ESG ratings and data products.
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Hong Kong to form ESG code of conduct working group
01 November 2023A group is to be established to promote a "globally consistent" code of conduct for ESG ratings and data providers in Hong Kong.
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Draft ESG data 'code of conduct' aims for international uptake
05 July 2023The 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.
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FCA raises concerns of 'greenwashing' in sustainability-linked loans
30 June 2023The 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.
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UK's competition regulator 'very unlikely' to punish climate collaboration
01 March 2023The UK's competition regulator has said it is "very unlikely" to punish businesses working together to tackle sustainability issues including climate change.
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We will give you safe harbour on transition planning, says UK FCA's ESG head
28 February 2023Companies and financial institutions should not face the risk of legal action for collaborating to develop climate transition plans, according to the director of environment, social and governance issues at the UK Financial Conduct Authority (FCA).
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FCA considers regulation on closing 'say-do gap' for financial institutions
10 February 2023The UK FCA has said it will consider potential regulation to encourage financial institutions to contribute to positive sustainability outcomes.
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UK confirms plan to regulate ESG ratings providers
09 December 2022Providers of environmental, social and governance (ESG) ratings face being regulated in the UK under a plan put forward by the country's government which could make it the first country to do so.
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Assurance key to development of climate reporting, says FCA
10 October 2022Developing a framework for assurance of company disclosures will be important to the next stage of the UK's climate reporting regime, according to a senior regulator.