As the interest in environmental, governance and social factors has surged over the last decade, so too has the number of firms purporting to offer the most advanced and in-depth ratings on such issues.
The speed of this growth and the differences in the methodologies of these ratings can be problematic, and as such the UK government is taking steps to bring this sector into the regulatory regime. This is a positive first step, but with the consultation recently closing, we now await what the final rules for the industry will look like. From the consultation, there is a clear emphasis that regulation is going to focus on the transparency of the methodology used by these ratings firms, rather than creating a uniform approach. Investment Week reveals winners of Sustainable Investment A...
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