Tag:ESG Benchmarks

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Europe: UK Government Proposes To Regulate ESG Ratings Providers
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Europe: UK’s FCA Issues Stern Warning to ESG Benchmark Administrators for Lack of Rigour

Europe: UK’s FCA Issues Stern Warning to ESG Benchmark Administrators for Lack of Rigour

By Zainab Kuku

The FCA did not hold back in its most recent comments to ESG benchmark administrators, in an indication of its increasingly adversarial approach to ‘greenwashing’. It described the quality of disclosures of ESG factors considered in benchmark methodologies as ‘poor’, and aimed clear warning shots at administrators who fail to comply with the FCA’s feedback. 

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