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.
Eurosif Releases Sustainable Investment Regulatory Roadmap
European Sustainable Investment Forum (Eurosif) releases a sustainable investment regulatory roadmap
MSCI Releases 2024 European Sustainable Fund Report
MSCI releases 2024 European Sustainable Fund Report, aimed at analyzing the performance of European sustainable funds
Morningstar Releases 2024 Q3 Global Sustainable Fund Report
Morningstar releases 2024 Q3 Global Sustainable Fund Report, which aims to summarize sustainable fund development
UK Releases Consultation on Green Taxonomy
The HM Treasury releases a consultation on UK green taxonomy, aimed at soliciting market participants’ opinions on green taxonomy
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