Investors Propose Data Disclosure Standard For Listing Companies on Stock Exchanges

摘要

A group of investors April 8 proposed a standard requiring companies to disclose environmental and social data in annual financial filings in order to be listed on global stock exchanges. A global sustainability listing standard would allow investors to compare companies on their environmental, social, and governance performance, Gwen Le Berre, vice president of corporate governance and responsible investment at BlackRock, said in a statement. BlackRock is one of the investment companies participating in the development of a sustainability listing standard. The other investors working on the standard are Rockefeller & Co., Boston Common Asset Management, Pax World Management, Domini Social Investments, F&C Management Ltd., British Columbia Investment Management Corp., and the AFL-CIO Office of Investment. The investors are part of the Ceres Investor Network on Climate Risk.