Britain targets conflict-of-interest concerns in ESG rating rules

Reuters12-01

Britain targets conflict-of-interest concerns in ESG rating rules

LONDON, Dec 1 (Reuters) - Britain’s financial regulator on Monday set out plans to bring companies that provide environmental, social and governance $(ESG)$ ratings under its oversight, vowing to tackle conflict-of-interest concerns and improve transparency.

The Financial Conduct Authority wants ratings providers to disclose possible conflicts of interest such as when they are both assessing companies' ESG credentials and simultaneously advising them on how to improve. The regulator also wants providers to make clear which ESG factors they assess and to publish details of how they handle complaints.

The industry for ESG ratings, currently subject to a voluntary code of conduct, has boomed in recent years. But trust in the ratings has been varied, with many investors worried about opaque rating methodologies and about companies' green credentials being inflated.

Finance Minister Rachel Reeves wants to cement Britain as a world leader in sustainable finance, including by addressing the lack of transparency behind ESG ratings.

After a four-month consultation on the FCA's plans, the regulator said on Monday the rules would eventually come into force in June 2028.

(Reporting by Phoebe Seers; Editing by Tommy Reggiori Wilkes)

((thomas.wilkes@tr.com; +44 (0) 7769 955711;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2588038724?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-01 20:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2588038724","market":"fut","top_or_hot":-1,"title":"Britain targets conflict-of-interest concerns in ESG rating rules","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Britain targets conflict-of-interest concerns in ESG rating rules</title></head><body><p><span>LONDON, Dec 1 (Reuters)</span><span> - </span>Britain’s financial regulator on Monday set out plans to bring companies that provide environmental, social and governance <a href=\"https://laohu8.com/S/ESG\">$(ESG)$</a> ratings under its oversight, vowing to tackle conflict-of-interest concerns and improve transparency.</p><p>The Financial Conduct Authority wants ratings providers to disclose possible conflicts of interest such as when they are both assessing companies' ESG credentials and simultaneously advising them on how to improve. The regulator also wants providers to make clear which ESG factors they assess and to publish details of how they handle complaints.</p><p>The industry for ESG ratings, currently subject to a voluntary code of conduct, has boomed in recent years. But trust in the ratings has been varied, with many investors worried about opaque rating methodologies and about companies' green credentials being inflated. </p><p>Finance Minister Rachel Reeves wants to cement Britain as a world leader in sustainable finance, including by addressing the lack of transparency behind ESG ratings.</p><p>After a four-month consultation on the FCA's plans, the regulator said on Monday the rules would eventually come into force in June 2028.</p><p> (Reporting by Phoebe Seers; Editing by Tommy Reggiori Wilkes)</p><p> ((thomas.wilkes@tr.com; +44 (0) 7769 955711;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Britain targets conflict-of-interest concerns in ESG rating rules</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBritain targets conflict-of-interest concerns in ESG rating rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-01 20:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Britain targets conflict-of-interest concerns in ESG rating rules</title></head><body><p><span>LONDON, Dec 1 (Reuters)</span><span> - </span>Britain’s financial regulator on Monday set out plans to bring companies that provide environmental, social and governance <a href=\"https://laohu8.com/S/ESG\">$(ESG)$</a> ratings under its oversight, vowing to tackle conflict-of-interest concerns and improve transparency.</p><p>The Financial Conduct Authority wants ratings providers to disclose possible conflicts of interest such as when they are both assessing companies' ESG credentials and simultaneously advising them on how to improve. The regulator also wants providers to make clear which ESG factors they assess and to publish details of how they handle complaints.</p><p>The industry for ESG ratings, currently subject to a voluntary code of conduct, has boomed in recent years. But trust in the ratings has been varied, with many investors worried about opaque rating methodologies and about companies' green credentials being inflated. </p><p>Finance Minister Rachel Reeves wants to cement Britain as a world leader in sustainable finance, including by addressing the lack of transparency behind ESG ratings.</p><p>After a four-month consultation on the FCA's plans, the regulator said on Monday the rules would eventually come into force in June 2028.</p><p> (Reporting by Phoebe Seers; Editing by Tommy Reggiori Wilkes)</p><p> ((thomas.wilkes@tr.com; +44 (0) 7769 955711;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2023251221.USD","symbol_name":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251201:nL8N3X70TH:1","article_id":"2588038724","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588038724","pubTimestamp":1764590422,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Britain targets conflict-of-interest concerns in ESG rating rulesLONDON, Dec 1  - Britain’s financial regulator on Monday set out plans to bring companies that provide environmental, social and governance  ratings under its oversight, vowing to tackle conflict-of-interest concerns and improve transparency.The Financial Conduct Authority wants ratings providers to disclose possible conflicts of interest such as when they are both assessing companies' ESG credentials and simultaneously advising them on how to improve. The regulator also wants providers to make clear which ESG factors they assess and to publish details of how they handle complaints.The industry for ESG ratings, currently subject to a voluntary code of conduct, has boomed in recent years. But trust in the ratings has been varied, with many investors worried about opaque rating methodologies and about companies' green credentials being inflated. Finance Minister Rachel Reeves wants to cement Britain as a world leader in sus","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","SG9999001077.SGD":"United International Growth Fund SGD","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","BK4588":"碎股","SPGI":"标普全球","LU2114397693.USD":"BGF EUROPEAN EQUITY INCOME \"A\" (USDHDG) INC","IE00BKPKM643.USD":"NEUBERGER BERMAN EUROPEAN SUSTAINABLE EQUITY \"A\" (USDHDG) ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","BK4548":"巴美列捷福持仓","BK4112":"金融交易所和数据","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0526926950.USD":"贝莱德欧洲基金","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU1989763005.USD":"东方汇理教育基金A2 Acc","LU0985320562.USD":"NORDEA 1 GLOBAL STARS EQUITY \"BP\" (USD) ACC","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU1078025761.USD":"NINETY ONE GSF EUROPEAN EQUITY \"A\" (USDHDG) ACC","LU0171280430.USD":"BGF EUROPEAN \"A2\" (USD) ACC","BK5051":"金融交易所和数据","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","LU1153584641.USD":"BGF EUROPEAN EQUITY INCOME \"A2\" (USDHDG) ACC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU0887340254.USD":"abrdn SICAV I - EUROPEAN SUSTAINABLE EQUITY \"A\" (USD) ACC","LSEG.UK":"伦敦证券交易所","LU1019632923.USD":"Blackrock European Equity Income A6 USD-H","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","MSCI":"MSCI Inc","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","MORN":"晨星信息","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU1228905540.USD":"NINETY ONE GSF GLOBAL QUALITY DIVIDEND GROWTH \"A\" (USD) INC 2","BK4566":"资本集团","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","LU0171276677.USD":"BGF EUROPEAN SPECIAL SITUATIONS \"A2\" (USD) ACC","LU2091194634.USD":"BGF EUROPEAN EQUITY INCOME \"A2\" (USD) ACC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC"},"translate_title":"英国针对ESG评级规则中的利益冲突问题","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SPGI":0.9,"MSCI":0.9,"MORN":0.9,"LSEG.UK":0.9},"content_text":"Britain targets conflict-of-interest concerns in ESG rating rulesLONDON, Dec 1 (Reuters) - Britain’s financial regulator on Monday set out plans to bring companies that provide environmental, social and governance $(ESG)$ ratings under its oversight, vowing to tackle conflict-of-interest concerns and improve transparency.The Financial Conduct Authority wants ratings providers to disclose possible conflicts of interest such as when they are both assessing companies' ESG credentials and simultaneously advising them on how to improve. The regulator also wants providers to make clear which ESG factors they assess and to publish details of how they handle complaints.The industry for ESG ratings, currently subject to a voluntary code of conduct, has boomed in recent years. But trust in the ratings has been varied, with many investors worried about opaque rating methodologies and about companies' green credentials being inflated. Finance Minister Rachel Reeves wants to cement Britain as a world leader in sustainable finance, including by addressing the lack of transparency behind ESG ratings.After a four-month consultation on the FCA's plans, the regulator said on Monday the rules would eventually come into force in June 2028. (Reporting by Phoebe Seers; Editing by Tommy Reggiori Wilkes) ((thomas.wilkes@tr.com; +44 (0) 7769 955711;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588038724","isCrawlerRequest":true}