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Successful ESG practices hinge on harmonization of standards globally

The global ESG landscape is developing, changing, and frequently still up for debate. This manifests in a variety of concurrent ESG regulations, principles, initiatives and reporting standards. However, a harmonization of at least some of these standards is essential for a unified approach to combat climate change and to establish common environmental, social and governance priorities among companies, investors, and other stakeholders.

In a recent whitepaper, I examine the need for international sustainability standards and the importance of the 26th UN Climate Change Conference of the Parties (COP26) in making this happen.

“Our clients are increasingly asking us to support them on their ESG needs. One of the key issues they face is the lack of global convergence on ESG regulations, principles, initiatives and reporting standards. Lawmakers must support their goals by providing a framework within which they can operate.”

Tags

esg, cop26

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