Sustainable Development and ESG
The scope of sustainable development is broader than ESG. It is a blueprint for achieving global development and involves resource balance within and between generations. The United Nations has published 17 Sustainable Development Goals to encourage activities.
Both sustainable development and ESG involve environmental and social aspects, but ESG has been directly related to enterprises and is a standard for measuring financial, environmental and social performance. Sustainable development favors all global stakeholders.
Sustainable Disclosures
Sustainable disclosure is a core concern for global regulators in ESG development. Currently, IFRS S1 and IFRS S2 issued by the International Sustainable Development Standards Committee have become the basis for designating sustainable information disclosure policies in multiple jurisdictions worldwide.
Sustainable disclosure is primarily based on climate change, as climate change is a material issue in environmental factors. Subsequent regulators will formulate policies for areas such as biodiversity, water and supply chain.
International Chamber of Commerce Releases Principles for Sustainable Trade
International Chamber of Commerce (ICC) releases its third edition of Principles for Sustainable Trade
Morgan Stanley Releases 2024 H1 Global Sustainable Fund Report
The Morgan Stanley Institute for Sustainable Investing releases 2024 H1 Global Sustainable Fund Report
Bloomberg Releases Global Ocean Conservation Report
Bloomberg released the global ocean conservation report to analyze the differences between ocean conservation and goals by COP15
Canada Plans to Introduce Sustainable Investment Taxonomy
Canada plans to introduce a sustainable investment taxonomy to identify green and transition economic activities
International Capital Market Association Releases Sustainable Commercial Paper Report
The International Capital Market Association releases a report on sustainable commercial paper
International Renewable Energy Agency Releases 2024 Renewable Energy Report
International Renewable Energy Agency releases 2024 Renewable Energy Report
Introduction to European ESG Regulation: Sustainable Finance Disclosure Regulation (SFDR)
his article introduces one of the ESG regulations in Europe, the Sustainable Finance Disclosure Regulation
WWF Releases Nature-related Risks for Systemically Important Banks Report
The World Wildlife Fund releases a report on the nature-related risks for systemically important banks