On 14 December 2023, the Data and Ratings Working Group (DRWG) published a voluntary Code of Conduct for ESG ratings and data products providers. The DRWG is an industry working group mandated by the FCA to develop a voluntary Code of Conduct for ESG data and rating providers. The Code of Conduct is grounded in the International Organization of Securities Commissions’ recommendations for ESG data and ratings. The DRWG has also published a feedback statement summarising the comments it received on its earlier consultation. The Code of Conduct will be owned and maintained and a signatories list will be available on ICMA’s website.