OECD Calls for Better ESG Reporting

On September 29, 2020, the Organization for Economic Cooperation and Development (OIECD) released its latest business outlook report on the theme of sustainable and resilient capital.  While the appetite for environmental, social and governance (ESG) reporting has grown across the world, there is still much work to be done.  “Current market practices,” the report notes, “from ratings to disclosures and individual metrics, present a fragmented and inconsistent view of ESG risks and performance.”  Moreover: “If left unaddressed, challenges in ESG investing could undermine investor confidence in ESG scores, indices and portfolios.” For a link to this report, click here