Tag Archive for ‘KLD’
Citing the “continued confusion, uneven quality and opacity” of proliferating ratings for corporate sustainability programs, a new non-profit initiative has been launched to develop a generally-accepted “framework” for sustainability ratings worldwide.
When do you know that ESG (or factoring environmental, social, and governance issues into investment and corporate decisions) has gone mainstream? One signal would be the agenda of last week’s meeting of the Securities and Exchanhe Commission’s Investor Advisory Committee, which included items such as “ESG Disclosure Work Plan” and “Proxy Voting Transparency.”
Information on issues related to the environment, society and governance – what’s known in the investment community as “ESG”- is becoming an increasingly important commodity as institutional investors seek data to drive their portfolio decision-making. The most recent news in that regard is Thomson Reuters’ acquisition of Swiss environmental, social responsibility and governance data provider ASSET4.