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Rachel Reeves to bring in legislation to regulate ESG rating agencies - reports
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As part of a commitment to follow through with her predecessor Jeremy Hunt's plans to clampdown on the sustainable ratings industry, Reeves will introduce the bill next year, according to a report by the FT. Spring Budget 24: Treasury confirms regulation of ESG ratings In his Spring Budget earlier this year, the previous chancellor committed to regulating the sector in order to provide greater due diligence and transparency on how to create the environmental, social and governance criteria that are used to assess companies. In rating ESG of organisations, there are a plethora of a...
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