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August 22, 2022

Esma calls for greater clarity over EU ESG benchmark rules

The timing of an EU ESG benchmark label should be assessed to ensure alignment with other sustainable finance legislation, says financial markets watchdog.

The European Securities and Markets Authority has expressed its support for the creation of an ESG benchmark to improve consumer and investor protection in the EU but warned about the need for alignment with the green taxonomy and the Sustainable Finance Disclosures Regulation.

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