Two significant announcements this past week on ESG standards

  1. IFRS Foundation announces the creation of the International Sustainability Standards Board (ISSB). The Value Reporting Foundation (SASB) and CDSB will be folded into the new organization by June 2022.

https://www.ifrs.org/news-and-events/news/2021/11/ifrs-foundation-announces-issb-consolidation-with-cdsb-vrf-publication-of-prototypes/

2. CFA Institute announces final ESG Investment Product Disclosure Standards

https://www.cfainstitute.org/en/ethics-standards/codes/esg-standards

Author: Christopher K. Merker, Ph.D., CFA

Christopher K. Merker, PhD, CFA, is a director with Private Asset Management at Robert W. Baird & Co. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught the course “Sustainable Finance” since 2009. Executive director of Fund Governance Analytics (FGA), an ESG research partnership with Marquette University, he is a member of the CFA Institute ESG Working Group, an international committee currently exploring ESG standards, publishes the blog, Sustainable Finance, which covers current topics around governance and sustainability in investing, and is co-author of the book, The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.