News.

Submit News Item

London Stock Exchange Responds To ‘Investor Demand’ Launching ESG Reporting Guidance

Monday, February 13, 2017

The London Stock Exchange Group (LSEG) has issued guidance, through its Global Sustainable Investment Centre, which sets out recommendations for “good practice” in Environmental, Social and Governance (ESG) reporting. The global guide brought calls today from a member of the World Bank Group for other stock exchanges around the world to follow the bourse’s example and lead.

The guide responds to “demand from investors” for a more consistent approach to such reporting that now forms a core part of the investment decision process and to enable investors to make more informed investment decisions.

ESG investing is certainly gaining traction. Just take figures contained in the U.S. SIF Foundation’s 2016 Report on Sustainable and Responsible Investing (SRI) Trends in the United States. This revealed that more than one out of every five dollars under professional management in the United States – $8.72 trillion (trn) or more – was invested according to SRI strategies, an investment discipline that considers ESG criteria to generate long-term competitive financial returns and positive societal impact.

Having been sent to over 2,700 companies that have securities listed on LSEG’s UK and Italian markets with a combined market capitalization of more than £5trn (c.$6.3trn), their 60-page guide is available on-line to issuers and investors globally.

Source: Forbes (link opens in a new window)

Categories
Impact Assessment, Investing
Tags
ESG, impact measurement
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
No Thanks
Thank you for signing up to receive the NextBillion Notes newsletter.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.
×
×