ISS adds service for ESG standards

ISS adds service for ESG standards
ISS ESG Labels & Standards Solutions aims to help asset managers keep track of standards.
FEB 15, 2022

Institutional Shareholders Services (ISS) is adding a service for asset managers and owners to help them meet the different requirements of numerous ESG standards and labels.

ISS ESG Labels & Standards Solutions was slated to launch in early February, according to an announcement the firm made in late January. Coverage of the various global ESG standards will roll out “on a region-specific basis” and will include “AMF, GreenFin, AFG, Nordic Swan, UNGC, Label SRI, Label Relance and Towards Sustainability (Febelfin),” the company stated. Following that, it will provide further coverage for Germanic and APAC labels and standards, according to the announcement.

The service would help asset managers keep track of the myriad standards, which vary considerably in their requirements, ISS stated.

“These standards come in many different forms including the integration of global principles, reporting and disclosure frameworks, as well as product specific labels or awards which can often take a combined approach,” the release noted.

“Keeping track of the varying requirements of ESG labels and standards globally is an ongoing challenge for investors,” head of ISS ESG Maximilian Horster said in the announcement.

“The one-stop fully integrated ISS ESG Labels & Standards Solutions tailored to different geographic markets provides consolidated functionality for up-to-date review, verification, disclosure and reporting.”

Best Places to Work firms go a step further

Latest News

Workers trust their employer's financial advisors, but most still doubt they can retire
Workers trust their employer's financial advisors, but most still doubt they can retire

NFP data shows an engagement gap is holding back retirement readiness despite high trust.

Advisor moves: LPL attracts billion-dollar breakaways from JPMorgan, Buell Securities
Advisor moves: LPL attracts billion-dollar breakaways from JPMorgan, Buell Securities

Alan Feutz leaves the wirehouse in Illinois, while a team of five make a break from their Connecticut firm.

Trump teleprompter operator placed on unpaid leave amid probe into alleged Kalshi bets
Trump teleprompter operator placed on unpaid leave amid probe into alleged Kalshi bets

“The White House has extremely strict ethical guidelines with respect to issues like this,” said Press Secretary Karoline Leavitt.

GPB, the priest and a get out of jail card
GPB, the priest and a get out of jail card

Just how much does it cost for a financial advice exec to stay out of prison?

St. Louis pension fund sues FS/KKR advisor over alleged excessive fees
St. Louis pension fund sues FS/KKR advisor over alleged excessive fees

The advisor both prices FSK's private loans and gets paid on those prices, the suit claims

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income