Growing number of firms using external ESG data providers to supplement in-house views.
Asset owners and managers must integrate climate risk within risk management frameworks.
Investors flag concerns over company data, call for ESG ratings comparability.
As governments, institutions and companies come to terms with understanding and tackling climate change, mandatory reporting of risks could well become the norm.
Index, research and data provider MSCI has launched a tool to help investors assess their exposure and alignment to the seventeen United Nations Sustainable Development Goals (SDGs).
A new NGFS workstream being created will identify missing data items needed for effective climate-related and environmental risk analysis.
FTSE Russell, ISS ESG, MSCI and Sustainalytics have collaborated with TDCC to launch a new ESG Dashboard that provides consolidated access to ESG ratings.
The new indexes will allocate higher weightings to stocks with lower carbon emissions. MSCI is in talks on the creation of investment products based on the new indexes.
The availability of ESG ratings will help investors and allow listed companies to benchmark themselves against their peers in terms ESG performance, Bursa Malaysia says.
The new Climate Guidance will help enhance reporting quality by addressing the lack of decision-useful material climate information for investors.
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