The ESG Yearbook provides an annual summary of the pivotal regulatory and policy developments in the field of Environmental, Social, and Governance (ESG) across different regions. It serves as a key resource for stakeholders looking to understand the evolving landscape of ESG standards and practices globally.
Regulatory Developments
Asia:
The Securities and Exchange Board of India (SEBI) introduced a new consultation paper aiming to regulate ESG rating providers, enhancing transparency and standardization across ESG metrics.
North America:
New York’s Fashion Sustainability and Social Accountability Act proposed stringent regulations on the fashion industry to reduce its carbon footprint and enhance supply chain transparency.
Europe:
The European Banking Authority published draft technical standards on ESG risks, setting out disclosure requirements for banks to improve transparency and accountability.
Increased emphasis on climate-related financial disclosures, with several countries and regions updating or introducing new reporting standards.
The growing integration of ESG factors into the broader risk management frameworks within financial institutions.
Summarize the year’s developments and reaffirm the global commitment towards enhanced sustainability practices and better governance.
In case of any queries or further assistance please feel free to get in touch with The ESG Advisory Desk at Dhir & Dhir Associates. You can contact Sonal Verma, Partner – ESG Advisory, Dhir & Dhir Associates, sonal.verma@dhirassociates.com or reach out to him at +91 9987367094