On 26 July 2021, the Board of the International Organization of Securities Commissions (IOSCO) asked for feedback on a set of proposed recommendations regarding Environmental, Social and Governance (ESG) Ratings and Data Providers.

The IOSCO Consultation Report on Environmental, Social and Governance (ESG) Ratings and Data Providers (PDF 577.11KB) (Consultation Report) aims at assisting IOSCO members in understanding the implications of the activities of ESG ratings and data providers and in establishing frameworks to mitigate risks stemming from these activities. In doing so, it proposes a set of recommendations to mitigate these risks and address some of the challenges faced by users of products and services from ESG ratings and data providers, and the companies that are the subject of these ESG ratings and data products.