EU, Policy and Regulation

EU moves to regulate ESG ratings

European Commission building hq
The EU’s proposal calls on rating providers to disclose which of the ‘E’, ‘S’ or ‘G’ factors are being taken into account and the weighting of them when awarding a rating (Photo: Dimitrisvetsikas1969/Pixabay)

The European Fund and Asset Management Association welcomes the European Commission’s proposal to oversee ESG rating activities but calls for more action on data to avoid greenwashing

The EU could become the first jurisdiction to regulate environmental, social and governance ratings after a vote in the European parliament, but ...

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