ESMA consults on guidelines for endorsement of non-EU ESG ratings
ESMA has launched a public consultation on draft guidelines concerning the endorsement of ESG ratings issued outside the European Union, under the ESG Ratings Regulation.
— esma
Firms and intermediaries relying on non-EU ESG ratings should closely monitor the evolution of these guidelines. The implementation of a structured endorsement regime will impose specific procedural and informational standards on EU-accredited rating providers, with potential impacts on the accessibility and legal validity of such ratings for regulatory compliance and ESG disclosures.