ESMA, to ensure a consistent level of ESG issues transparency for investors, on 30 March 2020 began applying Guidelines for how and when CRAs’ considerations of ESG factors are disclosed in credit rating press releases.
ESMA is also currently conducting a Call for Evidence on the market structure of ESG rating providers in the EU. Its purpose is to develop a picture of the size, structure, resourcing, revenues and product offerings of the different ESG rating providers operating in the EU.
Further information:
Solveig Kleiveland
Senior Communications Officer