We need consistent and robust corporate disclosure on environmental, social, and corporate governance factors. Want to know more about how machine-readable sustainability data will be prepared, reported and analyzed in practice?
As demand for Environmental, Social and Governance (ESG) data continues to grow amongst investors globally the Sustainability Accounting Standards Board (SASB) has begun work on an XBRL taxonomy designed to represent its set of 77 industry standards.
In a recent article, published by MSN, a call to action by the Investment Company Institute (ICI) is a new position for the Institute and the $34 trillion industry it represents.
Climate and ESG-related issues will shape financial markets and investing for generations. A strong, global framework that guides companies on what—and how—to disclose on climate, social issues, and governance can help ensure financial market participants have the most pertinent, up-to-date, and clearest information to help efficiently allocate capital. This, in turn, will help fuel economic growth and build wealth for workers and families. Only U.S. leadership can make this happen. Investment Company Institute December 2020
We must do better. The Securities and Exchange Commission (SEC), for example, has the expertise in disclosure and the authority to lead work on a streamlined global disclosure reporting standard for ESG and climate-related risks. The rest of the Biden administration should support the work of the SEC and encourage adoption of these standards at home and abroad. Investment Company Institute December 2020
Sign up to XBRL US’ webinar to find out more about the SASB standards, its XBRL taxonomy, and how the process of preparing, extracting and analyzing machine-readable ESG data will work in practice.
idaciti with join other industry leaders to demo how the sustainability data can be mashed up with corporate financial data and clearly show the impact of environmental and governance issues on public company financial performance.
Register here for the webinar – 11:30am ET, 15 December, free to attend.