FCA warns misleading benchmarks could create 'trust deficit'

Elliot Gulliver-Needham
clock • 2 min read
FCA warns misleading benchmarks could create 'trust deficit'

Some benchmark constructors “have not accurately described the economic reality” of their product, FCA warns

A Financial Conduct Authority director has revealed the regulator is concerned about ESG benchmarks, arguing their misleading construction has the potential to impact the transition to a net zero economy....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

FSC and Mirova team up to channel funds into 'critical line of defence against climate change'

FSC and Mirova team up to channel funds into 'critical line of defence against climate change'

Forest Stewardship Council and B Corp asset manager announce new partnership to better align investments with responsible forest management

Stuart Stone
clock 29 April 2025 • 2 min read
RLAM adopts 'sustainability focus' label across £11bn investment portfolio range

RLAM adopts 'sustainability focus' label across £11bn investment portfolio range

Royal London Asset Management said the label would give 'reassurance to clients regarding he high standards of sustainability practices embedded in our funds'

Cristian Angeloni
clock 25 April 2025 • 1 min read
Net Zero Banking Alliance: Triodos Bank exits group in protest at weakening of 1.5C guidelines

Net Zero Banking Alliance: Triodos Bank exits group in protest at weakening of 1.5C guidelines

Ethical bank slams NZBA's decision to offer members more leeway in how they meet climate goals

Michael Holder
clock 15 April 2025 • 6 min read