FIA EPTA welcomes the opportunity to respond to the European Commission consultation on the functioning of the ESG ratings market in the European Union and on the consideration of ESG factors in credit ratings FIA EPTA members believe regulation is needed to build credible and meaningful ESG ratings. Investors need the ESG ratings for their investment decisions, as ESG investments are growing, the demand for ESG ratings will only grow. FIA EPTA members believe that through regulation, more transparency and harmonisation can be released which is needed to make meaningful investment decisions and for the trust in the data.
