The Sustainability Accounting Standards Board (SASB) and the International Integrated Reporting Council (IIRC) are to merge into one organization by mid-2021 with the aim of offering investors and companies a comprehensive corporate reporting framework to drive global sustainability performance.
The newly formed Value Reporting Foundation, to be headquartered in London and San Francisco, will advance initiatives by ...
ESG Monthly archive
Improved long-term returns and risk mitigation are the key motivators behind ESG integration, with social seen as the most difficult element to analyze and integrate, according to a series of snap polls held at the recent Truvalue Labs ESG Investing Forum.
Almost two thirds (72 percent) of respondents say social is the most difficult to analyze and integrate, while less than a fifth (18 percent) say environmental and just 10 percent say governance is the most diffic...
More than two thirds of investors want executive pay tied to ESG initiatives, a move that would pressure boards to achieve social and other key targets, according to the global Edelman Trust Barometer Special Report: Institutional Investors. Sixty-nine percent of stakeholders say they want to see a link between remuneration and ESG, a 17-point jump over 2019.
‘This is probably one of the biggest percentage-point...
SEC member Allison Herren Lee has suggested the agency should help create standards for banks to release information about the climate-change risks that associated with their decisions to finance companies and their activities.
In remarks earlier this month, Lee noted the growing consensus that climate change may present a systemic risk to financial markets. There is a need for complete, accurate and reliable information in order to assess that risk, she said, start...
Investor demand is pushing forward the adoption of recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), according to its latest status report – with both support for the recommendations and implementation rising on 2019.
‘To date, more than 1,500 organizations have expressed their support for the TCFD recommendations,’ notes a statement from the task force, a figure it says...