Regulators Defend ESG Data Requirements

Disclosures will protect end investors and increase the amount of data on ESG, supervisory authorities said at a public hearing.

Regulation

Regulators defended requirements that financial firms source detailed data on the environmental and social impact of investment decisions for mandatory disclosures, during a public hearing held on July 2.

“The European Supervisory Authorities (ESA) are aware that the data constraint is one of the biggest challenges when it comes to sustainability-related information to end investors, especially in the case of principal adverse impact on investment decisions,” said Grainne McEvoy, director of

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