The CFA Institute has published its Global ESG Disclosure Standards for Investment Products.
The CFA says the voluntary standards are designed to enable investors, consultants, advisors, and distributors to better understand, compare, and evaluate ESG investment products. They apply to all types of investment vehicles, asset classes, and ESG approaches.
Margaret Franklin, CFA, President and CEO, CFA Institute, comments:
“We’re proud to release the first edition of the Standards after a multi-stage development process to ensure the result is additive, has impact, and is meaningful to the industry. The complexities of the ESG investing landscape remain vast. We must identify ways to mitigate greenwashing and preserve the integrity of the information being shared about ESG investment products to make them more understandable and comparable to the end investor. The release of the Standards marks one step in the broader efforts to make that a reality — and we believe an important one.”