SIF 2023: FCA reveals 'crucial' ESG ratings code of conduct 'very close'

Mark Manning speaks at SIF

The FCA has revealed the draft code of conduct for ESG data and ratings agencies is due for imminent release.

Today (14 June), Mark Manning, responsible for sustainable finance and stewardship at the FCA, laid out the areas the regulator is prioritising across its portfolio of sustainable investing reforms at the Sustainable Investment Festival. Manning emphasised the "crucial" need for transparency within the ESG data and ratings market as reliance on providers continues to grow, echoing the sentiment of the European Commission's release earlier this week of its plans to regulate the sector on the continent.  SIF 2023: More rigorous approach will boost engagement effectiveness "The provid...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

Principal Asset Management launches Article 9 food and biodiversity fund
ESG

Principal Asset Management launches Article 9 food and biodiversity fund

Companies targeting UN SDGs

clock 10 July 2024 • 1 min read
Labour government lifts 'de facto' ban on new onshore wind farms
ESG

Labour government lifts 'de facto' ban on new onshore wind farms

First climate commitment to be upheld

Michael Holder
clock 08 July 2024 • 4 min read
Aspectus Group's Brad Starr: The industry's green infatuation is changing
ESG

Aspectus Group's Brad Starr: The industry's green infatuation is changing

Re-evaluating its stance

Brad Starr
clock 28 June 2024 • 3 min read
Trustpilot