Companies should align reporting with SASB and TCFD.
The green economy is worth $4 trillion or 6% of the market capitalisation of all global listed companies.
The initiative involves over 500 global investors with more than $47 trillion in assets.
The proposed board that would exist alongside the IASB under the IFRS Foundation.
UBS said it is the first major global financial institution to make this recommendation.
The majority of banks have established board level oversight on sustainable finance.
Managing Climate Risk in the U.S. Financial System is the first from a U.S. government entity.
The bonds broaden the universe of issuers who can begin to transition towards sustainability.
Financial Markets Law Committee has responded to the Sustainable Finance Disclosure Regulation consultation.
