Sustainable development is an important part in ESG application
The European Union has adopted the Corporate Sustainability Due Diligence Directive (CSDDD), which requires companies to strengthen sustainable practices in the business sector and reduce the negative impact of their business activities on the environment and society
The United Nations Sustainable Development Goals (SDGs) are derived from the 2030 Agenda for Sustainable Development, consisting of 17 Sustainable Development Goals and 169 related goals, with the aim of eradicating poverty, protecting the planet, and ensuring prosperity and development
The IBM Institute for Business Value (IBV) conducted two ESG surveys. The first survey targeted over 20000 consumers in 34 countries, focusing on sustainable development and social responsibility, as well as the impact of these factors on investment and consumption decisions
The international climate change research institute CDP has released a global water report, which analyzes the water resource disclosures of over 3900 companies and analyzes the global water market of over 400 billion US dollars. This report was jointly launched by the Norwegian Sovereign Wealth Fund (Norges Bank Investment Management) and is also a midpoint period since the launch of the Global Water Action Decade in 1977
The World Business Council for Sustainable Development (WBCSD) releases the ESG social report, which aims to help companies understand the social aspects of ESG and provide methods to improve social performance
The World Economic Forum (WEF) releases a report on sustainable aquaculture, detailing the future development of blue food and providing solutions for global sustainable aquaculture industry
CBRE, an international real estate research institution, releases an ESG survey report of real estate industry. Through the survey of more than 500 industry experts, it shows the current development of ESG in the global real estate market and the challenges faced by implementing ESG strategy
Share Action issues a report on the consultation paper of the Financial Conduct Authority (FCA) on sustainable disclosure standards, and proposes amendments to the three types of sustainable investment labels
European Leveraged Finance Association (ELFA) replied to CP22_20 by UK Financial Conduct Authority (FCA). This consultation paper mainly discusses the Sustainability Disclosure Requirements (SDR) and Investment Labels
The Financial Conduct Authority (FCA) of the United Kingdom issued a discussion paper on sustainable governance for financial companies to solicit governance opinions related to sustainable development. FCA believes that the financial industry needs to play an important role in the process of net zero transition, and the sustainable governance of financial companies is becoming more important
The European Union recently announced the launch of the European Green Deal Industrial Plan to enhance the development of Europe’s net zero economy and support climate-neutral transition
The International Capital Market Association (ICMA) replied to the draft Sustainability Disclosure Requirements (SDR) issued by the Financial Conduct Authority (FCA), and advised on the three types of sustainable investment labels. ICMA believes that the proposal of SDR can help the financial industry to make greater contributions in the transformation of low-carbon economy, and the establishment of investment labels can facilitate the sustainable product development of asset management companies and help investors to select appropriate financial products
