UK Regulates ESG Ratings Providers
UK has mandated FCA regulation for ESG ratings providers to boost market transparency, prevent greenwashing, and manage conflicts of interest
UK has mandated FCA regulation for ESG ratings providers to boost market transparency, prevent greenwashing, and manage conflicts of interest
Last fiscal, more than 1,000 businesses incorporated and 30 jurisdictions are nearing incorporating the ISSB standards into their legal or regulatory frameworks
In 2023, 85% of FIs used ESG ratings to identify climate-related opportunities, managing over $4 trillion in assets.
The Institute of Chartered Accountants India (ICAI) along with 12 other entities have come together to form a Sustainability Standards Advisory Forum