ESG, climate change and sustainable business continue to be an integral part of regulatory frameworks around the world, so it’s good to keep up with the latest trends. Here’s the word;
ISS ESG, the sustainable investment arm of Institutional Shareholder Services, today released the latest report in its Thought Leadership Collection series, 2023 Global Regulatory Update: Recent Developments and Key Themes in ESG-Related Regulations Globally. The timely new report is released as policymakers across the globe have introduced, or are contemplating, extensive new regulatory requirements in this space.
These requirements seek to define terms such as ‘ESG’ or ‘sustainable investment’; enhance transparency on the part of investment managers and financial institutions as to the ESG risks and opportunities to which they may be exposed; and ensure corporate issuers furnish additional information for investors to assess material ESG risks and opportunities.
“Evolving global regulatory initiatives present a complex, challenging landscape for financial market participants to navigate,” said Bonnie Saynay, Global Head of ESG Research at ISS ESG. “In this latest report, ISS ESG’s regulatory experts, climate specialists and global research team distill sustainable investment regulatory developments to date from across the globe into key themes and identify some of the practical implementation challenges.”