Global ESG Disclosure Standards for Investment Products
The Global ESG Disclosure Standards for Investment Products are the first global voluntary standards for disclosing how an investment product considers ESG issues in its objectives, investment process, and stewardship activities.
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Relevant
Helps investors, consultants, advisors, and distributors better understand, compare, and evaluate investment products and diminishes the potential for “greenwashing.”
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Flexible
Designed to accommodate the full range of investment vehicles, asset classes, and ESG approaches offered in markets around the world.
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Complementary
Addresses current gaps in regulation and helps harmonize disclosure practices in different markets.
Standards and Interpretive Guidance
The following documents contain the specific requirements and recommendations for complying with the ESG Disclosure Standards.
Global ESG Disclosure Standards for Investment Products
Read the Standards (PDF).
Global ESG Disclosure Standards for Investment Products Errata – June 2022 (PDF).
Order the Global ESG Disclosure Standards for Investment Products on Amazon
Global ESG Disclosure Standards for Investment Products Handbook
Read the Handbook (PDF).
Global ESG Disclosure Standards for Investment Products Handbook Errata – June 2022 (PDF).
Order the Handbook, which includes the Standards, on Amazon.
Examination Procedures
Read the Examination Procedures (PDF)
These procedures enable independent examination of ESG Disclosure Statements. Order the Examination Procedures on Amazon.
Tools and Resources
The following documents were created to help investment managers understand and implement the Global ESG Disclosure Standards for Investment Products.
Guide to Creating a Policies and Procedures Manual
Learn how to create a Policies and Procedures manual to comply with the ESG Disclosure Standards.>
An optional template that standardizes the format of ESG Disclosure Statements for easier comparison of investment products.
View template instructions here (PDF).
Download and fill out the form here (DOC).
ESG Disclosure Standards Compliance Notification Form
Organizations that prepare and make available one or more ESG Disclosure Statements in accordance with the ESG Disclosure Standards must notify CFA Institute of their use of the Global ESG Disclosure Standards for Investment Products. Complete the ESG Disclosure Standards Compliance Notification online form.
List of Organizations that have Prepared One or More ESG Disclosure Statements
List of organizations that have notified CFA Institute that they have prepared and made available one or more ESG Disclosure Statements in accordance with the Global ESG Disclosure Standards for Investment Products.
Sustainable Finance Disclosure Regulation (SFDR) Comparison
A comparison of the ESG Disclosure Standards with SFDR requirements.
Sustainable Finance Disclosure Regulation (SDR) Comparison
A comparison of the ESG Disclosure Standards with UK Sustainability Disclosure Requirements.
Canadian Securities Administrators (CSA) Staff Notice 81-334 Comparison
A comparison of the ESG Disclosure Standards with the CSA Staff Notice 81-334 requirements and recommendations.
Securities and Futures Commission (SFC) Hong Kong 29 Jun 2021 Circular Comparison
A comparison of the ESG Disclosure Standards with the SFC Hong Kong 29 June 2021 Circular requirements.
ESG Disclosure Standards Brochure for Investors and Intermediaries
Learn how the ESG Disclosure Standards can help investors, consultants, and advisors understand and evaluate investment products with ESG approaches.
ESG Disclosure Standards Brochure for Firms
Learn how asset managers can comply with the ESG Disclosure Standards and more clearly communicate information about their ESG approaches.
