SustainAbility, an ERM Group company, was appointed on December 24, 2019 by the European Commission’s Directorate-General for Financial Stability, Financial Services and Capital Markets (DG-FISMA) to conduct a study on Sustainability Ratings and Research.
This work will provide an overview of the sustainability-related products and services market. The Research Project will also establish an inventory and classification of sustainability products and services. Additionally it will assess the use and quality of sustainability-related products and services and provide best practices and recommendations.
The London-based think-tank SustainAbility has partnered with SRI-CONNECT and Institutional Investor to support the European Commission’s Action Plan for a greener and cleaner economy.
The study is a key element of the Sustainable Finance Strategy (which is part of the wider European Green Deal) the European Commission has announced for 2020. It will also provide insights for the revision of the Non-Financial Reporting Directive including, if necessary, regulatory safeguards.