Net inflows into ESG ETFs listed globally is significantly greater than at this point in 2019.
Securities services clients can see how holdings are performing using independent ESG criteria.
The Alternative Investment Management Association said hedge funds can protect against climate risk.
There was 3.5x increase in TCFD-based investor reporting.
The fund association wants improved ESG data and non-financial reporting.
The UN Sustainable Stock Exchanges initiative will develop global reporting guidance for issuers.
Investors are increasingly using ESG factors to make decisions.
There is still no convergence on ESG standards and formats adopted by the exchanges industry.
Social factors are seen as having a critical and positive impact on long-term value creation.
