ESG ratings

The latest developments in sustainable finance: UK launches voluntary code of conduct; Lack of ‘strong language’ on fossil fuels at COP28 ‘poses risk to progress’, say investors.

Measures to encourage demand for smaller providers have also survived a key parliamentary vote.

Spanish presidency puts forward carve-out for smaller providers, removal of 'based on costs' in compromise text to be discussed Wednesday.

The latest developments in sustainable finance: FRC publishes materiality guidance; French NGOs push for new fossil fuel exclusion in SRI label.

Industry groups call for controversy reports to be brought into scope of European Commission regulation of ratings providers.

MSCI says new rules would be 'extraordinary level of intrusion' into pricing mechanism, RepRisk flags risk of raising barriers to market entry.

The latest developments in sustainable finance: Korea asks FSA to delay ESG disclosures; OMERS launches climate action plan; Californian climate bill passed by Assembly.

Law professor and retired diplomat appointed by Morningstar after controversy over alleged anti-Israel bias.

Net Zero Financial Services Providers Alliance lags on target-setting frameworks, removes references to credit rating agencies from its website.

The latest developments in sustainable finance: NBIM welcomes European Commission's ESG ratings update; EDHEC warns EIOPA of consequences of climate risk on infrastructure.