EU to strike down on greenwashing with new ESG assessment rules

Rating agencies that offer ESG assessments would risk getting fined if they, for example, sell advice or insurance alongside the assesments, according to a new proposal from the EU Commission.
Mairead McGuinness, European commissioner for financial stability, financial services and the capital markets union | Photo: Aurore Martignoni / European Union
Mairead McGuinness, European commissioner for financial stability, financial services and the capital markets union | Photo: Aurore Martignoni / European Union
By Mette Mandrup, translated by Daniel Pedersen

The EU Commission seeks to tighten up regulation on ESG rating providers. 

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