BETTER FINANCE’s response to the European Commission consultation on ESG ratings and sustainability factors - BETTER FINANCE

• Posted By Arnaud Houdmont
• |October 20, 2023
• |

BETTER FINANCE’s response to the European Commission consultation on ESG ratings and sustainability factors

This consultation, divided in two parts, addresses first the functioning of the ESG ratings market, its potential shortcomings, and the need for EU intervention. Second, it aims to inform the Commission on possible shortcomings in relation to the consideration of sustainability factors in credit ratings; on disclosures made by Credit Rating Agencies; and on the need for EU intervention.