Global guidelines on corporate climate reporting must fall in line with those in Europe and the US or investors could be hit by fragmented and inconsistent information, the European Central Bank and IMF have warned. Financial institutions globally are looking to establish standards for corporate climate reporting in a bid to stamp out ‘greenwashing’, with Frankfurt-based International Sustainability Standards Board (ISSB) proposing global “baseline” measures. But the European Union and the US Securities and Exchange Commission…
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