Lack of ESG standards is an obstacle to sustainable investing in Brazil

Brazilian traders are more and more eager on adopting Atmosphere, Social, and Governance points as funding standards for his or her portfolios, however a examine revealed by Brazil’s Securities Fee (CVM) concludes that the dearth of comparable requirements has been delaying ESG implementation within the nation. 

The 96-page lengthy compendium consists of an in depth assessment of ESG-related laws by worldwide benchmarks — reminiscent of these of the UK and European Union — outcomes of a survey amongst traders and the conclusions of conferences with listed firms. 

“We famous that the dearth of standardization, comparability, format, measurements, and difficulties in integrating ESG data…