Policymakers Across the World Turn Their Attention to Sustainable Finance
By: Nadia Humphreys, Business Manager for Sustainable Finance solutions
Originally posted on bloomberg.com.
As climate change continues to make headlines, sustainable investing – once a niche investment strategy – is now setting the agenda.
Investment firms increasingly realize they need to include environmental, social and governance (ESG) data in their decision-making processes, to manage risks and identify opportunities in a changing world. However, the lack of reliable and consistent ESG data is a key challenge, and most firms face a steep learning curve to understand ESG issues and make sense of the new information they are facing.
The mounting sense of urgency on climate risk is also prompting governments and regulators across the globe to take more forceful action and impose stricter rules. As a result, investment firms across the board are under additional pressure to review their investment strategies, and put in place compliance and risk management processes.
Keeping track of all the different emerging policy proposals and their potential impact on corporates and the financial industry is not an easy task. With this in mind, we’ve outlined a few of the most recent initiatives around the world.
Click here to read the full story on bloomberg.com.