World’s Largest Investors Launch Effort to Engage Global Stock Exchanges on Sustainability Reporting Standard for Companies
Sustainability advocacy group Ceres, in collaboration with BlackRock and other major institutional investors, have announced an initiative to engage global stock exchanges via the World Federation of Exchanges (WFE) on a possible uniform reporting standard for sustainability reporting by all exchange members. The launch includes specific recommendations for integrating environmental and social disclosure requirements into listing rules for companies listed on U.S. and global stock exchanges. The proposal was developed by Ceres’ Investor Network on Climate Risk (INCR) and its member-driven Investor Initiative for Sustainable Exchanges. Over 100 institutional investors from six continents helped shape the listing standards proposal. The …
