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.
Source: Getty Images
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.