More than ever before, society is demanding that Environmental, Social and Governance requirements are embedded into investment processes. Likewise, practitioners of ESG are calling for more pertinent information for their decision-making in today’s global business environment, with increasingly complex financial and non-financial reporting requirements.
The global pandemic and financial crisis also have spurred professionals, in particular from institutional investors and financial/business analysts, to want to know more about ESG and to gain further insights toward mainstreaming the relevant variables into their businesses.
The International Association for Sustainable Economy (IASE) embraces this need for change and establishes a strong basis for a single global ESG certification, both for the private and the public sectors, whilst promoting a robust taxonomy.
The IASE has released its Invitation to Comment (ITC) during the month of August on the outline for ISF & ISB Certifications in the Public Interest: “The Basic ESG Certification”.
Building upon the IASE’s efforts to develop its syllabus for the Certifications on International Sustainable Finance “ISF” and International Sustainable Business “ISB” for 2020-21, this ITC highlights the board’s mandate and discussions on the topics of professional ESG preparedness, qualifications, quality at entry and assurance. It also flags potential standard-setting activities the IASE could take to enhance the ESG challenge.