EFAMA Supports Move Towards Global Reporting Standards

Europe’s asset management industry has backed calls for globally aligned sustainability reporting standards. The call from the European Fund and Asset Management Association (EFAMA) came in a written response to a position paper from the European Financial Reporting Advisory Group (EFRAG) of private companies. It said that investors can only help bring about zero-emissions strategies if they have the sort of data and insights that can be obtained through common reporting standards.