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Katie Keir
One of the next big developments on the environmental, social and governance (ESG) scene will be the May release of the CFA Institute’s draft standards for ESG investment products.
The CFA Institute isn’t aiming to reinvent the wheel or set definitive global standards, said Brian Minns, vice-president of sustainable finance at Montreal-based Addenda Capital and member of the CFA Institute’s ESG technical committee.
Minns spoke during a panel on emerging ESG standards at the the Responsible Investment Association’s Feb. 25 symposium on proxies, policies and taxonomies. He said the CFA Institute is aiming to “weave together the different bits and pieces that we’re seeing develop around the world” in an effort to provide clarity around ESG standards.