Increased pressure from investors and stakeholders for regulators to streamline ESG disclosure standards is starting to bear fruit.
As 2020 draws to a close, it is clear that standard-setters have made significant progress in harmonising environmental, social, and governance (ESG) disclosure frameworks. The launch of new initiatives in recent months shows that stakeholders recognise both the value of streamlining ESG disclosures and the importance of consolidating such disclosures as soon as possible. Organisations are also keenly monitoring developments. For example, the Basel Committee on Banking Supervision is actively tracking the initiatives outlined below in an effort to leverage its work and facilitate information-sharing across parallel initiatives. Continue Reading