In the wake of rapidly advancing ESG reporting and disclosure standards, there’s still a sense of uncertainty about the possibility of globally applicable measures.
In a recent webinar by RegTech firm Regnology, a panel of experts scrutinised the evolution of ESG standards and taxonomies.
During this talk, the panel – which comprised Wells Fargo strategy director and EU taxonomy lead Michelle Auger, Kieger AG’s head of sustainable business strategy Panagiota Balfousia, PRMIA’s ESG working group co-chair and UK SteerCo member Navin Rauniar, and Regnology SVP of product management Bodo Windmöller – explored how the standards and taxonomies were being employed and why its vital for financial institutions to be prepared for upcoming changes.
The discussion also delved into technology-based solutions that could help businesses keep pace with the current trends, along with practical compliance, standards selection, and taxonomy implementation advice.
The European Union is leading in ESG investments and regulations, surpassing Asia-Pacific and North America, which prompts the question of whether EU’s standards and taxonomies will eventually be accepted in the global capital markets.
Interested participants are encouraged to register for the webinar to gain insights into the current scenario of ESG standards and taxonomies, the continuing progress across various jurisdictions, and the management of diverse standards and taxonomies.
It also highlights the effects on banking data and processes, and explore helpful technologies, solutions, and services. The benefits of appropriate practices and potential penalties of mistakes are also examined.
The session was moderated by Sarah Underwood, editor of the A-Team Group.
You can listen to the webinar here.
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