GOVERN MENTS GOVERN MENTS GOVERN MENTS - ESG | Why should

Production of reports at Canada West Foundation is a team effort and the thanks of the authors go to the staff whose contributions enhanced the quality of the report and brought the text to life on the page. [...] It brings together many of the current major ESG reporting standards, including the Climate Disclosure Standards Board (CDSB, an initiative of CDP) and the Value Reporting Foundation, which houses the Integrated Reporting Framework and the SASB Standards; and also draws on the work of the Task Force on Climate-related Financial Disclosures. [...] Canada West Foundation ESG: Why should governments care and what can governments do? 23 rna ove ncg cial | so nment o | 08 Build a solid and coherent foundation of environmental, social and governance policy and regulations One of the fundamental roles of government is to enact policy, legislation and regulations that protect the safety and wellbeing of people and the environment—whether it pertai. [...] As governments enact new policies and regulations, improve existing ones, and improve monitoring, oversight and enforcement, the ESG performance of companies in the jurisdiction may improve by providing a “floor.” (The may relates to the fact that the design and implementation of a regulation greatly affects the extent to which it achieves its objectives.) It may also help the government produce a. [...] This frequently takes the form of mandatory or voluntary disclosure standards regarding the focus of the fund; what ESG metrics are considered; the degree to which ESG is used in decision making; and the policies and procedures used to curate the portfolio.