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EFAMA Supports Move Towards Global Reporting Standards

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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.

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