ESG ratings

'Lighter, temporary and optional registration regime' for smaller providers, but stricter aggregation rules absent from final text.

Japan's financial regulator says it wants more from some providers as 10 firms sign up to UK voluntary code.

Technical trilogue document notes tentative agreement on small provider exemptions, but multiple providers proposal still faces opposition.

Progress made in trilogue discussions especially on smaller provider regime, but disputes remain on disaggregation and conflicts of interest.

The latest developments in sustainable finance: ECB could consider lower interest rate for green lending, says Schnabel; EU managers showed high support for key ESG resolutions in 2023.

Part 3 of RI's Scope 3 Series: Machine learning and disclosures of prediction error for estimates could help improve Scope 3 data usability for investors.

The latest developments in sustainable finance: UK launches voluntary code of conduct; Lack of ‘strong language’ on fossil fuels at COP28 ‘poses risk to progress’, say investors.

Measures to encourage demand for smaller providers have also survived a key parliamentary vote.

Spanish presidency puts forward carve-out for smaller providers, removal of 'based on costs' in compromise text to be discussed Wednesday.

The latest developments in sustainable finance: FRC publishes materiality guidance; French NGOs push for new fossil fuel exclusion in SRI label.