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18 November 2022

Bloomberg: Capital Market Risks Trigger Calls for New Rules: ESG Survey


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

Note: In survey, 550 Terminal users were asked: How do you feel about regulation in each aspect of ESG?...

 more at Bloomberg



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