Asset Managers Fear ESG Data Disclosure Gap
Investment firms need data to meet upcoming regulatory requirements. But corporates aren't making this data available in high enough quantity or quality.
Starting in March 2021, asset managers in the EU will have to publicly disclose information related to the sustainability impacts of their products and of the companies in their portfolios so investors can make informed decisions about environmental, social, and governance (ESG) investing. To meet the so-called disclosure regulation requirements and other data-heavy ESG rules coming out of the EU, these investment firms will need reliable, comparable data from the corporates in their portfolios
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