supplementing Regulation 2024/3005 of the European Parliament and of the Council with regard to regulatory technical standards specifying the measures and safeguards to be implemented by ESG rating providers to separate their ESG rating activities from their other activities

This regulation sets rules for providers of ESG (Environmental, Social, and Governance) ratings. It requires them to separate their rating services from other business activities to avoid conflicts of interest and ensure the independence and reliability of their ratings.

This affects companies that provide ESG ratings and the investors who rely on them. It aims to enhance transparency and trust in the financial markets concerning sustainability information.