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The proposed recommendations attempt to mitigate risks and
address some of the challenges faced by users of products and
services from ESG ratings and data providers, and the companies
that are the subject of these ESG ratings and data
products.
IOSCO stated that its goal is to help IOSCO members in
understanding the implications of the activities of ESG ratings and
data providers and in establishing frameworks to mitigate risks
stemming from these activities.
IOSCO highlighted that the lack of transparency on current
methodologies and uneven coverage could lead to inconsistencies in
IOSCO Consults On ESG Ratings And Data Providers
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Polio this week as of 07 July 2021 - Pakistan
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