Britain focuses on conflicts of interest in its environmental, social, and governance rating rules.

The UK financial regulatory authority announced a plan on Monday to bring companies that provide environmental, social, and governance ratings under its regulatory umbrella, vowing to address conflicts of interest and increase transparency. The Financial Conduct Authority in the UK wants rating providers to disclose possible conflicts of interest, such as when they both assess a company's environmental, social, and governance credentials and make recommendations on how to improve them. The regulatory authority also wants providers to clearly outline which environmental, social, and governance factors they evaluate, and to publish details on how they handle complaints.