Lack of transparency hindering ESG ratings: ESMA
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Lack of transparency hindering ESG ratings: ESMA

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A lack of transparency on methodologies and data sources is compromising the reliability of ESG rating companies’ final ratings and their comparability, according to the European Securities and Markets Authority (ESMA).

In a letter sent to the European Commission yesterday, ESMA summarised the findings from its call for evidence on the market structure for ESG rating providers in the EU.

The

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