AXA executive: Insurers are key to standardising ESG reporting
A senior executive from AXA lays out reasons how insurers are helping drive standardisation of ESG reporting, as pressure mounts on companies to comply with increasingly strict regulations, especially climate-related ones.
The insurance industry is a key player in driving standardising reporting on environment, social and governance (ESG) issues, a senior executive from AXA told AsianInvestor.
Several asset owners have told AsianInvestor that while they nurse ambitions to implement ESG frameworks into portfolios and operations, the lack of standardisation about what is measured or what is reported as ESG-compliant has hampered those efforts.
Some institutions also don't have the expertise to crea…
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