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EU reaches agreement on new regulations for ESG ratings providers  

Wind turbines in the Sannio hills on February 07, 2024 in Fragneto Monforte, Italy
Photo: Ivan Romano/Getty Images

Agreement on the ESG Rating Activities Regulation clarifies new rules on separation of E, S and G factors, non-EU providers and conflicts of interest.

New EU rules on ESG Ratings have been provisionally agreed by the European Parliament and Council. The proposed ESG Rating Activities Regulation seeks to improve the credibility and transparency of ESG ratings by regulating ESG ratings providers.

Extension of transparency and integrity rules

An amendment to the SFDR (Sustainable Finance