CFA Institute Sustainable-Investing Question Answer
ESG disclosure among listed companies can be required by:
A.
Stock exchanges only
B.
Security regulators only
C.
Both stock exchanges and security regulators
The Answer Is:
C
This question includes an explanation.
Explanation:
Both stock exchanges and securities regulatorsplay a role inmandating ESG disclosures:
Stock exchanges(e.g., London Stock Exchange, NYSE) may require ESG disclosures as part oflisting requirements.
Securities regulators(e.g., SEC, European Securities and Markets Authority) enforce ESG reporting laws.
[References:, Global Reporting Initiative (GRI) ESG Disclosure Standards, World Federation of Exchanges (WFE) ESG Reporting Guidance, CFA Institute Report on ESG Disclosure Regulation, ========, , ]
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