PensionsEurope input to EC consultation on ESG ratings

PensionsEurope e.g.:

welcomes the consultation, shares many of the Commission’s concerns, and welcomes the Commission’s further work to improve the ratings and the functioning of the market;

stresses that the current main challenges for pension funds are related to ESG data, as there is clearly a lack of reliable and accurate ESG data, which pension funds need to report under the SFDR;

proposes to adopt a holistic and coordinated regulatory approach to both financial and non-financial (ESG) data in the EU, as well as establishing a proper regulatory framework for data providers (see pages 12-13 of our input in more detail): ensuring coherence in the EU legislation on data providers’ services on financial data, facilitating direct access to data, and implementing new transparency and accountability requirements for data providers’ activities.

PensionsEurope input to EC consultation on ESG ratings
This website makes use of cookies to facilitate your future access to our website. By using this website you agree to our Privacy Statement.
Read more