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. and executive-in-residence and co-director of the Marquette S-Lab. He is also founder and chair of the board of Water + Energy Forward, a green bank focused on market-based climate solutions. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught “Sustainable Finance” since 2009. He publishes Sustainable Finance and is co-author of The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.