Rising confidence in ESG reporting, climate change concerns fuelled the growth
Corporate spending expectations up significantly from previous forecast
Government aims to instil confidence in ratings, drive growth, and deter greenwashing
Regulator issues report with recommendations for building safe, sound markets
Lack of standards inhibits consistent, comparable disclosure, regulators find
Few companies fully reporting voluntarily, mandatory standards scarce
Asset owners, managers need to evaluate for both climate, financial objectives, CFA Institute says
Global issuance still on track to meet US$950 billion full-year forecast
Regulator alleges firm overstated the extent of funds' ESG integration
Regulators' reviews lead to more enforcement, refiling action