EU proposes increased transparency for sustainable investments – McGuinness

The European Commission today proposed new rules which they say will increase transparency on the market for sustainable investments. The proposals concern providers of Environmental, Social and Governance ratings known as ESGs. ESG ratings generally assess the impact of environmental, social, and governance factors on a company and a company's impact on the outside world.

The Commission is proposing a regulation to improve the reliability and transparency of ESG rating agencies. The Commission says these new rules will enable investors to make better informed decisions regarding sustainable investments. Ireland’s EU Commissioner Mairead McGuinness, today explained more.   

Out words: and reliable

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