On 29 April 2026, the European Securities and Markets Authority (ESMA) issued a consultation on draft guidelines on endorsement under the ESG Ratings Regulation.
The purpose of the draft guidelines is to ensure that ESG rating providers understand ESMA’s expectations in respect of the application of Article 11(1) of the ESG Ratings Regulation. They further seek to explain what information should be provided as part of an ESG Rating Provider’s request for authorisation to endorse ESG ratings and how this information should be provided as part of Annex IV of the draft technical standards issued under the ESG Ratings Regulation on the transparency and integrity of ESG rating activities.
Next steps
The deadline for comments on the consultation paper is 29 May 2026.
Further information on the outcome of the consultation and the adoption of the guidelines will be communicated before the end of July 2026.