IOSCO Statement On ESG Disclosures

The regulator encourages issuers to consider the materiality of ESG matters.

Global spending on ESG indices has grown at annual rate of 37%.

Reports on taxonomy, carbon benchmarks and green bonds are due by June 2019.

The rules are part of the action plan on financing sustainable growth issued in May 2018.

The firm has launched green real estate indexes and will introduce ESG indexes in fixed income.

415 investors with $32 trillion in assets have signed the statement to governments.

Retail SRI assets in Europe have grown from 3.4% in 2014 to 30%.

Nearly half of fund managers voted based on the gender diversity of a company.

The fund manager argues that ESG is related to fundamental drivers of risk and return.