By Hazel Bradford
Source: Pensions & Investments

A draft code of conduct for providers of ESG ratings and data was released Wednesday by a U.K. industry working group seeking feedback.

Appointed by the Financial Conduct Authority in November to help with ESG oversight, the ESG Data and Ratings Working Group run by the International Capital Market Association and the International Regulatory Strategy Group released the proposed voluntary Code of Conduct for ESG Ratings and Data Product Providers for public comment until Oct. 5. A final code is expected by the end of the year.

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