A Bloomberg survey shows Europeans are more in favor of enhanced environmental regulations than Americans, while Asians want more rules — period.
Financial market participants are asking for more regulations and better supervision to help rein in exaggerated ESG claims.
A
Bloomberg News survey of ESG-related issues found that 53% of 550
Terminal users want more rules to help them tackle environmental issues.
The picture varies across regions, with Europeans more in favor of
extra regulations than Americans, while both regions gave green issues
priority over social or governance matters. In Asia, where efforts to
regulate ESG are trailing those in Europe and the US, a majority of
survey respondents wanted more rules across the board.
“Greenwashing is rife in the capital markets,”
said Luke Sussams, an analyst at Jefferies International Ltd. in London.
Regulations address such risks, but “rigorous monitoring is the only
way to really constrain greenwashing.”
Majority Want More E Rules in ESG
Environmental issues mentioned most prominently in Bloomberg survey
Source: Bloomberg
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