On 7 October 2022, the International Organisation of Securities Commissions (IOSCO) announced a  call for action on good sustainable finance practices for financial markets voluntary standard setting bodes and industry associates.

IOSCO is calling upon all voluntary standard setting bodies and industry associations operating in financial markets to promote good practices amongst their members to counter the risk of greenwashing related to asset managers and ESG rating and data providers. As part of this call for action, IOSCO will engage with voluntary standard setting bodies and industry associations to promote the adoption and implementation of the good practices stemming from the IOSCO recommendations amongst their members, as a baseline to address greenwashing and related investor protection concerns within the context of their domestic regulatory frameworks.