The Financial Conduct Authority has introduced a "voluntary survey" for ESG ratings providers, in an effort to “help shape this important policy area”.
The survey will gather information to help the watchdog better understand the ESG ratings market, examining elements such as the business models and group structures used to provide these scores, how the ratings are constructed and distributed, as well as the policies and processes implemented by firms. The results will inform the FCA's cost benefit analysis (CBA), policy development and "help ensure that the future regulation is both proportionate and tailored to the needs of the market". "As part of this survey, we also want to understand how firms interact with the broader sustain...
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