Global regulators to introduce first oversight of ESG raters

A global securities watchdog plans to publish its first regulatory guidance for raters of corporate environmental, social and governance (ESG) performance in July to stem growing concern among asset managers about overstated green credentials. The concern over so-called greenwashing has grown as more investments are channelled into climate-friendly funds, giving rise to a burgeoning market […]

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Singapore wants global standards for green financing

Booming green finance markets need to be subject to stronger global regulation to ensure the best results for investors and the planet, Singapore’s Minister for Sustainability and the Environment Grace Fu told Reuters. Companies are under increasing pressure to reduce carbon emissions and burnish their sustainability credentials, fuelling a flurry of investment in financial instruments, […]

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