“Both the UK and EU frameworks are based on the recommendations published by the International Organization of Securities Commissions (IOSCO), which are intended to enable international interoperability in this space.”

[COMMENTARY] Some standardization of metrics is desirable for comparison purposes between ESG raters and for international comparisons, as we have with finance metrics like return on equity, price-earnings ratios, etc. However, I withhold judgment about the utility of government intervention until I see how it works for investors.
UK Introduces Its First Regulatory Regime for ESG Ratings Providers, by Joanna Broadwith, Ruth Knox, and Arun Srivastava, February 9, 2026, JD Supra, UK.