“As of 2 July 2026, the ESG Ratings Regulation (Regulation (EU) 2024/3005, the Regulation) will start to apply. Adopted in November 2024, the Regulation aims to improve the reliability and transparency of ESG ratings used in the European Union.”

[COMMENTARY] I suspect that other jurisdictions will also want to regulate ESG raters. However, the US will probably enact such legislation only when the Democrats resume control of the US federal political system, if and when that comes to pass. Also, I hope that in Europe the diversity of ESG rating methodologies continues, but that there is standardization of the ‘components’ that make up the ESG score.
ESG ratings and new EU supervision as of 2 July 2026, by Stibbe, June 29, 2026, Europe.