Not-for-profit industry body ISITC Europe CIC (ISITC) and solutions provider Broadridge have established a new industry forum to focus upon the ESG-related challenges and opportunities facing the industry.
To be known as the ISITC Europe ESG Forum, the forum aims to bring clarity on the topic of ESG and is open to all practitioners, from company secretaries of issuers through to investing institutions, retail brokers and regulators.
ESG is set to remain a highly prominent topic, creating industry debate around standards for reporting, ratings criteria and costs to comply, says ISITC.
Increased discussion is required now if the efforts invested to date are to achieve the results and benefits that are forecast, it adds.
Gary Wright, director of ISITC Europe CIC, says: “Through its sponsorship of this forum, Broadridge is supporting key industry stakeholders to collaborate and enable a common understanding of issues surrounding the implementation of ESG from a range of market-centric perspectives.
“Through collaboration, the issues can be defined clearly, and progress measured accurately, for the benefit of not only investors but society in general.”
Demi Derem, general manager of international investor communication solutions at Broadridge, comments: “Broadridge is deeply committed to driving innovation and efficiency in corporate governance and helping to ensure that the needs of issuers, intermediaries and investors are met.
“We are laser-focused on the impact that ESG-related regulation and market sentiment are having upon the industry and value the opportunity to work with a recognised industry body such as ISITC to positively influence market harmonisation and drive the interoperability agenda.”
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