Britain takes first step to regulate company ESG raters.
“Providers of environment, social and governance (ESG) ratings on companies will be asked to apply a voluntary best practice code as a first step to regulating the sector, Britain’s Financial Conduct Authority said on Tuesday.”
[COMMENTARY] With the maturation and the rising importance of ESG it’s to be expected that some regulation of ESG raters will occur. My sincere hope though is that it doesn’t stifle differing perspectives concerning the evaluation of companies rated.
Britain takes first step to regulate company ESG rater, by Reuters, November 22, 2022, UK.