European Parliament and Council in Agreement to Regulate ESG Rating Providers
In recent years, the corporate world has witnessed a notable paradigm shift, moving away from the traditional pursuit of growth and profit maximisation to embracing a more sustainable business model. This evolved approach acknowledges the significance of business profitability while integrating it with societal objectives related to sustainable development, including but not limited to, environmental conservation, human rights protection and good governance. The notion of sustainable development within the corporate landscape is intimately intertwined with the relatively recent notion of Environmental, Social and Governance (ESG) criteria. These criteria demand that companies not only mitigate their negative effects but also actively…
Klara Cachia and Christine Calleja26th March 2024