The International Organization of Securities Commissions (IOSCO) plans to publish its first regulatory guidance for raters of corporate environmental, social, and governance (ESG) performance. It is doing this to stem growing concerns among asset managers about overstated green credentials. This announcement is in line with the IOSCO Board Priorities – Work Program 2021 – 2022, where IOSCO stated that it will contribute to the goal of improving the completeness, consistency, and comparability of sustainability reporting by delivering respective reports on sustainability-related disclosures for asset managers (including greenwashing) and issuers, ESG ratings, and ESG data providers. The IOSCO board has identified