Sustainable finance : Consultation Paper on the Technical Standards under the Regulation on the transparency and integrity of Environmental, Social and Governance (ESG) rating activities

Consultation Paper 2 May 2025 ESMA84-2037069784-2276 Technical Standards under the Regulation on the transparency and integrity of Environmental, Social and Governance (ESG) rating activities Responding to this paper ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex III. Comments are most helpful if they: • Follow the predefined format and structure; • respond to the question stated; • indicate the specific question to which the comment relates; • contain a clear rationale; and • describe any alternatives ESMA should consider. ESMA will consider all comments received by 20 June 2025. All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input - Consultations’. Respondents are expected to use the response forms made available on the ESMA website. Publication of responses All contributions received will be published following the close of the consultation, unless you request otherwise. Please clearly and prominently indicate in your submission any part you do not wish to be publicly disclosed. A standard confidentiality statement in an email message will not be treated as a request for non-disclosure. A confidential response may be requested from us in accordance with ESMA’s rules on access to documents. We may consult you if we receive such a request. Any decision we make not to disclose the...