A-Team Insight Data Standards & Taxonomy The latest content from across the platform
FCA Criticism of Funds’ SDR Approach Stirs Controversy
The UK regulator has criticised fund managers for failing to abide by interim guidance on ESG disclosures just days before it’s expected to announce details of a formal regulation. But the comments have been met with frustration and caution within the ESG data and technology community, with one practitioner arguing that the Financial Conduct Authority…
Webinar Review: How to Develop a Reporting Framework for ESG Disclosure Regulation
Financial institutions have been handed a golden opportunity to grow their business and add value for their customers from an unlikely source – ESG regulators. While banks and investors are under pressure to comply with a slew of new sustainability rules, the process is providing them with a treasure trove of data that can be…
Author of Greenwashing Survey Says Data is Needed to Stem the Scourge
A surge in greenwashing in the past year revealed by a new survey has highlighted the need for better data and metrics to help investors nurture the companies and project that will bring about net-zero and other sustainability goals, the report’s author has said. This year’s edition of ESG data science provider RepRisk’s annual greenwashing…
Recorded Webinar: How to develop a reporting framework for ESG disclosure regulation
ESG reporting is a challenge and additional burden for many financial institutions as regulations continue to evolve, ESG data management is complex, and global standards remain elusive. Helpful solutions include reporting frameworks that support the collection, understanding, and management of ESG data for disclosure. This webinar will provide practical guidance on how to build a…
Webinar Preview: How to Develop a Reporting Framework for ESG Disclosure Regulation
The surge of new regulations covering the disclosure of ESG data has been accompanied by deepening confusion over how financial institutions and corporates should prepare for an evolving regulatory landscape. As these are new requirements, organisations are having to interpret for themselves how they can comply. There is a risk of misinterpretation and the potential…
Auditing Body Proposes ESG Data Standards to Match Those for Financial Reports
Data assurance services are forecast to be in huge demand as ESG reporting regulations expand and overseers seek to strengthen confidence in the information used by financial institutions and other stakeholders. Big accounting firms and smaller assurance providers alike are girding for new rules that will require companies to have their regulatory data audited in…
New Law May Have Quietly Improved ESG Data Outlook for UK Investors
A little-noticed insertion into the biggest shakeup of UK financial law in generations is expected to bring greater clarity to the way ESG data will be reported and government’s role in green finance. The Financial Services and Markets Act (2023) – known as the FSMB, its initials when the law was a bill awaiting royal…
ISSB Assumption of TCFD Brings a Global Reporting Code a Huge Step Closer
The set of climate reporting recommendations that are regarded as the go-to guideline for national regulators, companies and financial institutions alike has become the latest major piece added to an emerging global sustainability disclosure framework. From next year, companies that align with the Taskforce for Climate-related Financial Disclosures (TCFD) will be monitored by, and required…
ISSB Rules Hailed for Bringing Data Clarity, Comparability
The first fruits of the International Sustainability Standards Board’s (ISSB’s) 18 months of work hammering out a set reporting rules that could be applied globally has been welcomed by participants in the financial data and technology industries. The body’s first two sets of disclosure standards, described as “ground-breaking” by the board’s chair Emmanuel Faber, have…
Debut ISSB Standards May Usher New Era of More, Better ESG Data
Next week, the International Sustainability Standards Board (ISSB) is due to release the first of its proposals for non-financial disclosures, an event that could usher a new era for ESG data and reporting. The ISSB’s creation by the IFRS Foundation at COP26 in Glasgow, Scotland, two years ago offered the promise of a global framework…