In search of a global ESG risk and reporting framework
Lacking clear and consistent metrics for evaluating climate-related impacts, development banks are turning toward technology to improve overall ESG reporting and reduce related financial risks.
![Image of laptop with cover slide for "In search of a global ESG risk and reporting framework" white paper](/sites/default/files/styles/small_hq/public/image/2022-12/resource-in-search-of-a-global-esg-risk-and-reporting-framework.png?itok=D8-ZCRlR)
Default Finastra
The financial industry widely recognizes that climate issues impact financial performance. What remains inconsistent with the demand for ESG investing is the large variety of industry-driven reporting standards in use today.
Over the last few decades, a multitude of initiatives have emerged to govern reporting. Each has its own methodologies and scoring measurements, and each sets different standards by which companies measure ESG-related risks and compliance.
Read this white paper to find out more about these divergent standards and what changes we can expect to see in the coming years.