By delivering transparent, data-driven assessments of corporate sustainability performance inspired by the ISSB framework, the ESG Performance Score is a next generation solution to meet increasingly complex market requirements. In this report, we present a practical method for enhancing the sustainability profile of a portfolio by adopting an ESG Performance Score weighted approach, using the S&P 500 Equal Weight Index…
ESG Policy Digest: September 2023
This month’s policy digest highlights notable sustainability-related policy developments in Europe and Asia-Pacific. At a global level, external assurance on sustainability reporting was addressed by the International Auditing and Assurance Standards Board (IAASB) in a new exposure draft for a proposed global sustainability assurance standard. On 17th August 2023, the EU took steps towards mandating importers of goods under the…
US NAIC Summer 2023 National Meeting Highlights: ESG
At the Summer 2023 National Meeting of the US National Association of Insurance Commissioners (“NAIC”), a number of sessions were focused on environmental, social and governance (“ESG”) initiatives, led by the Special (EX) Committee on Race and Insurance (the “R&I Committee”) and the Climate and Resiliency (EX) Task Force (“C&R Task Force”), both of which report to the NAIC Executive…
Eco-Friendly Land Art
Experiencing art need not be limited to visiting museums, marveling at impressive architecture, gazing at marble sculptures, or viewing street murals. Eco-friendly land art, also known as environmental or earth art, involves creating artistic installations or interventions in natural landscapes using organic materials found on site. This form of art emphasizes a harmonious relationship between the artwork and the environment,…
ESG vs. Wokery as NHS hospitals accused of erasing women
ESG vs. Wokery as NHS hospitals accused of erasing women In August 2023, various UK national newspapers picked up the story about how Stonewall and the LGBT Foundation are grading hospitals for their use (or perceived mis-use) of language which infers gender. Here at ESG PRO Limited we see this as a retrograde step which flies in the face of…
Humperdinck Jackman, MD of ESG PRO, debates Jacob Rees-Mogg on ESG, the NHS, and wokery live on GB NEWS
Humperdinck Jackman, MD of ESG PRO, debates ESG, the NHS, and wokery live on GB NEWS on 28 August 2023 Jacob Rees-Mogg: The one silver lining of the gloomy cloud of the Farage debanking scandal is exposed the extent to which the phenomenon of ESG, environmental, social, and governance, has influenced our institutions, both in the public, particularly the private…
Humperdinck Jackman, MD of ESG PRO, debates ESG with Nigel Farage live on GB NEWS
Humperdinck Jackman, MD of ESG PRO, debates ESG with Nigel Farage live on GB NEWS Nigel Farage: Now, we’ve been talking about the FCA. We’ve been talking about B-Corp. We’ve been talking about the agenda that has run through much of our corporate world that led directly to my de-banking by Coutts, part of the NatWest group. Well, I’m joined…
ISSB Publishes IFRS Sustainability Disclosure Taxonomy for Consultation
On 27 July 2023, the International Sustainability Standards Board (the “ISSB”) published the Proposed IFRS Sustainability Disclosure Taxonomy for public consultation. The IFRS Sustainability Disclosure Taxonomy, which follows the ISSB’s issuance of the IFRS sustainability disclosure standards (the “Standards”) (which we reported here), is a digital taxonomy designed to facilitate digital reporting of sustainability-related financial information and to improve accessibility…
European Commission adopts the European Sustainability Reporting Standards
On 31 July 2023, the European Commission adopted the European Sustainability Reporting Standards (“ESRS“). EU and non-EU entities subject to the new EU Corporate Sustainability Reporting Directive (“CSRD“) will be required to report against the ESRS, making the development of interest to entities preparing for reporting under the CSRD regime. Background The CSRD, which entered into force on 5 January…
Japan FSA Publishes Draft Guidelines on Impact Investment and Calls for Public Opinion
On 30 June 2023, the Working Group on Impact Investment (“Working Group”), which was established under the Expert Panel on Sustainable Finance of the Financial Services Agency of Japan (“FSA”), published a report (“Report”) (in English and Japanese) setting out domestic and international trends in impact investment and draft basic guidelines consisting of four key principles as discussed below (“Guidelines”). …