Global ESG Disclosure Standards for Investment Products

<!DOCTYPE html> <html lang="en-US" xmlns:mml="http://www.w3.org/1998/Math/MathML"> <head> <meta charset="utf-8" /> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <meta name="google-site-verification" content="J0mS3cUUEwA8RSiDwXpF8shTiRDQOGG7YMaB8bpIHfE" />  <title>Global ESG Disclosure Standards for Investment Products | CFA Institute</title> <meta property="og:title" content="Global ESG Disclosure Standards for Investment Products" /> <meta name="citation_title" content="Global ESG Disclosure Standards for Investment Products" /> <meta name="description" content="The Global ESG Standards for Investment Products are the first global voluntary standards for disclosing how an investment product considers ESG issues" /> <meta property="og:description" content="The Global ESG Standards for Investment Products are the first global voluntary standards for disclosing how an investment product considers ESG issues" /> <meta property="og:type" content="Standard" /> <meta property="og:url" content="https://rpc.cfainstitute.org/en/esg-standards" /> <meta property="og:image" content="https://rpc.cfainstitute.org/-/media/images/cards/Lifestyle-and-Graphic/globe-in-hand-esg.jpg" /> <meta property="og:site_name" content="CFA Institute" /> <link rel="canonical" href="https://rpc.cfainstitute.org/en/esg-standards"> <link rel="icon" sizes="192x192" href="https://uxpatterns.cfainstitute.org/Content/img/2x/logos/touch-icon-192x192.png?v=ZbXH6_DPPVuE1_tHWCXyO4nyZGmjhbZ3kTC1Azd9Cvw1"> <link rel="apple-touch-icon-precomposed" sizes="180x180" href="https://uxpatterns.cfainstitute.org/Content/img/2x/logos/apple-touch-icon-180x180-precomposed.png?v=kIUXUs5N_-558a6Wkgz0GWvFq6YuQhjcHYXfc0UFA181"> <link rel="apple-touch-icon-precomposed" sizes="152x152" href="https://uxpatterns.cfainstitute.org/Content/img/2x/logos/apple-touch-icon-152x152-precomposed.png?v=i3m3koQUR2SuuUl_-u5Qcqwnc-2jqANv6einrkGs7k41"> <link rel="apple-touch-icon-precomposed" sizes="144x144" href="https://uxpatterns.cfainstitute.org/Content/img/2x/logos/apple-touch-icon-144x144-precomposed.png?v=uoB8VTaQY4AmCAFSGStdvxj8Rd1BxwyQ5YY_vAnB7t81"> <link rel="apple-touch-icon-precomposed" sizes="120x120" href="https://uxpatterns.cfainstitute.org/Content/img/2x/logos/apple-touch-icon-120x120-precomposed.png?v=0q1ePN4_0HIA4cu-4SfPvsu_F8AuqfUWZlh7pVO3Lls1"> <link rel="apple-touch-icon-precomposed" sizes="114x114" href="https://uxpatterns.cfainstitute.org/Content/img/2x/logos/apple-touch-icon-114x114-precomposed.png?v=Rhcs4OAAiq8u80ecW3MAXlOuKTm2RvxzUFqMzDPMgvk1"> <link rel="apple-touch-icon-precomposed" sizes="76x76" href="https://uxpatterns.cfainstitute.org/Content/img/2x/logos/apple-touch-icon-76x76-precomposed.png?v=OJqjfZT_rKbB260rLTFB2Kwvx9f_ALgzHPBq4d0JU881"> <link rel="apple-touch-icon-precomposed" sizes="72x72" href="https://uxpatterns.cfainstitute.org/Content/img/2x/logos/apple-touch-icon-72x72-precomposed.png?v=WAVM9hSsDZ7_PANylKnBOhnZUP7mh_0eci-Vc33EvXI1"> <link rel="apple-touch-icon-precomposed" href="https://uxpatterns.cfainstitute.org/Content/img/2x/logos/apple-touch-icon-precomposed.png?v=kIUXUs5N_-558a6Wkgz0GWvFq6YuQhjcHYXfc0UFA181"> <link href="https://uxpatterns.cfainstitute.org/globalbundles/styles/rpc.css?v=RvVEmTgohisb9eTTwpvVeIFEqXdeGtn4IhHvSEvBhqc1" rel="stylesheet" type="text/css" media="screen" /> <link rel="shortcut icon" type="image/x-icon" href="https://uxpatterns.cfainstitute.org/Content/img/favicon.ico?v=rdZKWdJlYs3c8PFDwQEscI2ljiKFztCkqkXfX98QVKc1" /> <meta name="VIcurrentDateTime" content="638679747633183526" /> <script type="text/javascript" src="/layouts/system/VisitorIdentification.js"></script> <script type="text/javascript"> var digitalData = {"pageInstanceID":"rpc:esg-standards-Prod","page":{"pageInfo":{"pageID":"Global ESG Disclosure Standards for Investment Products","pageName":"rpc:esg-standards"},"category":{"primaryCategory":"Public:rpc:esg-standards","subCategory1":"esg-standards"}}}; </script> <script src="//assets.adobedtm.com/ca679de7f940/9200895aad6f/launch-7d16c76c0bd6.min.js" async></script> </head> <body class="grid-wrapper">  <a id="skip-link" class="sr-only" href="#contentarea">Skip to Content</a>    <input class="megamenu__toggle-input" type="checkbox" id="megamenu-toggle" /> <header role="banner" class="grid__item--bleed masthead--megamenu"> <div class="masthead__header"> <button for="megamenu-toggle" class="megamenu__toggle" aria-owns="masthead__menu"> <span class="megamenu__toggle-icon"> <span class="sr-only">Toggle menu</span> </span> </button> <a href="/en/" class="masthead__branding"> <span class="masthead__branding-image"></span> <h1 class="masthead__branding-label"> Research & Policy Center</h1> </a> <div class="masthead__search"> <form id="search-form" class="masthead__search-container"> <script> document.addEventListener("CoveoSearchEndpointInitialized", function() { var searchboxElement = document.getElementById("_185F67BF-1D73-4AEE-9564-FDE5B0EB24D9"); searchboxElement.addEventListener("CoveoComponentInitialized", function() { CoveoForSitecore.initSearchboxIfStandalone(searchboxElement, "/en/search"); }); }) </script> <div id="_185F67BF-1D73-4AEE-9564-FDE5B0EB24D9_container" class="coveo-for-sitecore-search-box-container" data-prebind-maximum-age='currentMaximumAge' > <div id="_185F67BF-1D73-4AEE-9564-FDE5B0EB24D9" class="CoveoSearchbox" data-enable-omnibox='true' data-prebind-maximum-age='currentMaximumAge' data-clear-filters-on-new-query='false' > <div class="CoveoFieldSuggestions" data-field="@autotagstopics" data-id="qs-topics"> </div> <script type="text/javascript"> document.addEventListener("CoveoSearchEndpointInitialized", function() { var componentId = "_185F67BF-1D73-4AEE-9564-FDE5B0EB24D9"; var componentElement = document.getElementById(componentId); function showError(error) { console.error(error); } function areCoveoResourcesIncluded() { return typeof (Coveo) !== "undefined"; } if (areCoveoResourcesIncluded()) { var event = document.createEvent("CustomEvent"); event.initEvent("CoveoComponentInitialized", false, true); setTimeout(function() { componentElement.dispatchEvent(event); }, 0); } else { componentElement.classList.add("invalid"); showError("The Coveo Resources component must be included in this page."); } }); </script> <div class="CoveoForSitecoreBindWithUserContext"></div> <div class="CoveoForSitecoreExpressions"></div> <div class="CoveoForSitecoreConfigureSearchHub" data-sc-search-hub="RPC-Site-Search-Hub"></div> </div> </div> <script> // Code snippet to load and log page view analytics. // Imported from https://github.com/coveo/coveo.analytics.js (function (c, o, v, e, O, u, a) { a = 'coveoua'; c[a] = c[a] || function () { (c[a].q = c[a].q || []).push(arguments) }; c[a].t = Date.now(); u = o.createElement(v); u.async = 1; u.src = e; O = o.getElementsByTagName(v)[0]; O.parentNode.insertBefore(u, O) // Fix for the page view analytics showing as invalid // Coveo support article: https://docs.coveo.com/en/n58b7080/coveo-for-sitecore-v5/page-view-analytics-showing-as-invalid })(window, document, 'script', 'https://static.cloud.coveo.com/coveo.analytics.js/2/coveoua.js'); document.addEventListener("CoveoSearchEndpointInitialized", function () { var accessToken = Coveo && Coveo.SearchEndpoint && Coveo.SearchEndpoint.defaultEndpoint && Coveo.SearchEndpoint.defaultEndpoint.accessToken ? Coveo.SearchEndpoint.defaultEndpoint.accessToken.token : ""; var customMetadata = {"contentIdKey" : "permanentid" , "contentLanguage" : "en" , "contentIdValue" : "2A2AA7B396BE4ACEAD3AB0E319D5A9BC" , "anonymous" : true}; if (typeof (CoveoForSitecoreUserContext) !== "undefined") { var currentContext = CoveoForSitecoreUserContext.handler.getContext(); Object.keys(currentContext).forEach(function(key) { customMetadata["c_context_" + key] = currentContext[key]; }); } coveoua('onLoad', function() { // Completely overrides the way the base URL is resolved since the default implementation appends a `/rest` that we do not want. // Remove when migrating to version 2+ Object.defineProperty(coveoanalytics.CoveoAnalyticsClient.prototype, 'baseUrl', { get() { return "/coveo/rest/ua" + "/v15" }}); coveoua('init', accessToken); coveoua('send', 'view', customMetadata); }); }); </script> </form> </div> <ul class="masthead__items"> <li class="masthead__item toggle"> <input class="toggle__input" type="checkbox" id="account-toggle" /> <button class="toggle__label" for="account-toggle" aria-owns="account__popover"> <span class="toggle__icon icon icon--account"></span> <span class="sr-only">Account</span> </button> <div id="account__popover" class="toggle__popover"> <ul class="popover__items"> <li class="popover__item"> <a class="popover__link log-link" href="/Account/Login?returnUrl=https%3A%2F%2Frpc.cfainstitute.org%2Fen%2Fesg-standards%3FfrmLogin%3D1">Log In</a> </li> <li class="popover__item"> <a class="popover__link create-account" href="/Account/CreateAccount?returnUrl=https%3A%2F%2Frpc.cfainstitute.org%2Fen%2Fesg-standards%3FfrmLogin%3D1">Create an Account</a> </li> </ul> </div> </li> </ul> </div>   <div id="masthead__menu" class="masthead__menu"> <div class="megamenu"> <div class="megamenu__navigation-groups"> <nav class="megamenu__navigation-group" aria-labelledby="explore-rpc"> <span id="explore-rpc" class="megamenu__navigation-group-header"> Explore </span> <ul class="megamenu__navigation-group-items"> <li class="megamenu__navigation-group-item"> <a href="/en/research" class="megamenu__link"> Research </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/policy" class="megamenu__link"> Policy </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/codes-and-standards" class="megamenu__link"> Industry Codes and Standards </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/research/financial-analysts-journal" class="megamenu__link"> Financial Analysts Journal </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/gips-standards" class="megamenu__link"> GIPS Standards </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/research-foundation" class="megamenu__link"> Research Foundation </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/voices-of-influence" class="megamenu__link"> Voices of Influence </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/subscribe" class="megamenu__link"> Subscribe </a> </li> <li class="megamenu__navigation-group-item"> <a href="https://www.cfainstitute.org/" target="_blank" class="megamenu__link"> CFA Institute </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/about" class="megamenu__link"> About Us </a> </li> </ul> </nav> <nav class="megamenu__navigation-group" aria-labelledby="main-themes"> <span id="main-themes" class="megamenu__navigation-group-header"> Themes </span> <ul class="megamenu__navigation-group-items"> <li class="megamenu__navigation-group-item"> <a href="/en/themes/resilience" class="megamenu__link megamenu__link--visual"> <img src="/-/media/images/navigation/rpc/Branded_img_510430253.jpg?sc_lang=en&h=99&w=128&la=en&hash=58488DCEAB8852596F84EAB3FBD17208" class="megamenu__link-image" alt="white columns" /> <span class="megamenu__link-label"> Resiliency of the Capital Markets </span> </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/themes/technology" class="megamenu__link megamenu__link--visual"> <img src="/-/media/images/navigation/rpc/Branded_img_468785031.jpg?sc_lang=en&h=99&w=128&la=en&hash=59340FFAEAD61363FBE87EE182CC3DDF" class="megamenu__link-image" alt="tablet with pen" /> <span class="megamenu__link-label"> Technology, Big Data and AI </span> </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/themes/insights" class="megamenu__link megamenu__link--visual"> <img src="/-/media/images/navigation/rpc/Branded_img_585050692.jpg?sc_lang=en&h=99&w=128&la=en&hash=75AABC87788BB37AA06ABA8A21A54D0C" class="megamenu__link-image" alt="overhead view of man's hands holding red folder" /> <span class="megamenu__link-label"> Future of the Profession </span> </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/themes/sustainability" class="megamenu__link megamenu__link--visual"> <img src="/-/media/images/navigation/rpc/Branded_img_579154694.jpg?sc_lang=en&h=99&w=128&la=en&hash=F4CC1016D80CD5E0A8D672DF804284A0" class="megamenu__link-image" alt="green leaves on white background" /> <span class="megamenu__link-label"> Sustainable Investing </span> </a> </li> </ul> </nav> <nav class="megamenu__navigation-group" aria-labelledby="other-topics"> <span id="other-topics" class="megamenu__navigation-group-header"> Topics </span> <ul class="megamenu__navigation-group-items"> <li class="megamenu__navigation-group-item"> <a href="/en/topics/auditing-and-assurance" class="megamenu__link"> Auditing and Assurance </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/topics/digital-finance-and-cryptoassets" class="megamenu__link"> Digital Finance and Cryptoassets </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/topics/diversity-equity-and-inclusion" class="megamenu__link"> Diversity, Equity, and Inclusion </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/topics/esg-investing-and-analysis" class="megamenu__link"> ESG Investing and Analysis </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/topics/financial-reporting" class="megamenu__link"> Financial Reporting </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/topics/index-investing-and-factor-strategies" class="megamenu__link"> Index Investing and Factor Strategies </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/topics/net-zero-investing" class="megamenu__link"> Net-Zero Investing </a> </li> <li class="megamenu__navigation-group-item"> <a href="https://rpc.cfainstitute.org/en/topics/new-gen-of-investors" class="megamenu__link"> New Generation of Young Investors </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/topics/pensions-and-retirement" class="megamenu__link"> Pensions and Retirement </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/topics/performance-attribution" class="megamenu__link"> Performance Measurement and Attribution </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/topics/portfolio-construction-and-investment" class="megamenu__link"> Portfolio Construction and Investment </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/themes/sustainability/sustainability-reporting" class="megamenu__link"> Sustainability Reporting </a> </li> </ul> </nav> <nav class="megamenu__navigation-group" aria-labelledby="more-from-rpc"> <span id="more-from-rpc" class="megamenu__navigation-group-header"> More </span> <ul class="megamenu__navigation-group-items"> <li class="megamenu__navigation-group-item"> <a href="https://www.arx.cfa/" class="megamenu__link"> Asia-Pacific Research Exchange </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/blogs-and-podcasts" class="megamenu__link"> Blogs and Podcasts </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/policy/comment-letters" class="megamenu__link"> Comment Letters/Consultation Responses </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/about/board-and-committees" class="megamenu__link"> Advisory Board and Committees </a> </li> <li class="megamenu__navigation-group-item"> <a href="https://www.cfainstitute.org/ethics-standards" target="_blank" class="megamenu__link"> Ethics for the Profession </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/research-foundation/investment-data-alliance" class="megamenu__link"> Investment Data Alliance </a> </li> <li class="megamenu__navigation-group-item"> <a href="/cdn-cgi/l/email-protection#94e6f1e7f1f5e6f7fcbae6f1e5e1f1e7e0e7d4f7f2f5fdfae7e0fde0e1e0f1bafbe6f3abe7e1f6fef1f7e0a9c6f1e7f1f5e6f7fcb4ddf0f1f5" class="megamenu__link"> Submit Your Research Ideas </a> </li> <li class="megamenu__navigation-group-item"> <a href="https://www.systemicriskcouncil.org/" target="_blank" class="megamenu__link"> Systemic Risk Council </a> </li> <li class="megamenu__navigation-group-item"> <a href="/en/research-foundation/donate" class="megamenu__link"> Support the Research Foundation </a> </li> </ul> </nav> </div> <div class="sr-only"> <label for="megamenu-toggle"> <button>Close menu</button> </label> </div> </div> </div>  </header>   <main id="contentarea" class="content-grid stack-reset"> <section class="grid__item--bleed grid__item--themed theme--newsprint"> <div class="grid__item-container">  <nav id="breadcrumb-nav"> <ol class="breadcrumbs breadcrumbs--slash breadcrumbs--independent"> <li><a href=/en/>Research and Policy Center</a></li> <li class="current-page">Global ESG Disclosure Standards for Investment Products</li> </ol> </nav>  </div> </section> <section class="grid__item--bleed spotlight-hero"> <picture class="spotlight-hero__image media__ratio--square media__ratio--triple@md media__ratio--quad@lg media__ratio--quad-bleed@xl"> <img src="/-/media/images/hero/StandardPage-Hero-Images/global-esg-dark-green.jpg?w=2560&hash=92338544393549BB1F574DF7C0B13AA9" srcset="/-/media/images/hero/StandardPage-Hero-Images/global-esg-dark-green.jpg?w=480&hash=B48FAC22C5F328F71A4861164BBFC41E 480w, /-/media/images/hero/StandardPage-Hero-Images/global-esg-dark-green.jpg?w=768&hash=B5EF0C88957D91D9AE11874A413EDDEF 768w, /-/media/images/hero/StandardPage-Hero-Images/global-esg-dark-green.jpg?w=1200&hash=96C3ADD9928388F5012AFA93F652ADB7 1200w, /-/media/images/hero/StandardPage-Hero-Images/global-esg-dark-green.jpg?w=2560&hash=92338544393549BB1F574DF7C0B13AA9 2560w" sizes="100%" alt="global-esg-dark-green"> </picture> <div class="spotlight-hero__container"> <div class="spotlight-hero__text"> <h1 class="spotlight-hero__title">Global ESG Disclosure Standards for Investment Products</h1> </div> </div> </section> <section class="article-grid">  <section class=" grid__item--full-width grid__item--inset grid__item--initial">  <div><h4>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.</h4></div>   <div class="section__separator"> </div>  <ul class="benefits-list full-width"> <li class="benefits-list-item"> <img class="benefits-list-item-icon" src="/-/media/images/icon/Arrows-Two-Way/Arrows-Two-Way_003DA5_Solid.svg" alt="arrows pointing both ways icon"> <span class="benefits-list-item-title h4">Relevant</span> <p class="benefits-list-item-text">Helps investors, consultants, advisors, and distributors better understand, compare, and evaluate investment products and diminishes the potential for “greenwashing.”</p> </li> <li class="benefits-list-item"> <img class="benefits-list-item-icon" src="/-/media/images/icon/Connections/Connections_003DA5_Solid.svg" alt="connections icon"> <span class="benefits-list-item-title h4">Flexible</span> <p class="benefits-list-item-text">Designed to accommodate the full range of investment vehicles, asset classes, and ESG approaches offered in markets around the world.</p> </li> <li class="benefits-list-item"> <img class="benefits-list-item-icon" src="/-/media/images/icon/Bridge/Bridge_003DA5_Solid.svg" alt="bridge icon"> <span class="benefits-list-item-title h4">Complementary</span> <p class="benefits-list-item-text">Addresses current gaps in regulation and helps harmonize disclosure practices in different markets.<br> <div> </div></p> </li> </ul> </section>   <section class=" grid__item--full-width grid__item--inset">  <div class="section__separator"> <h2 class="section__header"> Standards and Interpretive Guidance </h2> </div>   <div>The following documents contain the specific requirements and recommendations for complying with the ESG Disclosure Standards.<br /> <br /></div>  <div class="flex__container brand-card__container flex__container--2-up@md flex__container--medium-column-gap" >  <div class="brand-card flex__item"> <img src="/-/media/images/cards/Lifestyle-and-Graphic/esg-building-blocks.jpg?h=322&w=664&la=en&hash=D907D7631884417A3AEDD15BECBF5078" class="brand-card__media media__ratio--double" loading="lazy" alt="esg-building-blocks" /> <div class="brand-card__content"> <h3 class="brand-card__content-title">Global ESG Disclosure Standards for Investment Products</h3> <div class="brand-card__content-description"> <a href="https://rpc.cfainstitute.org/-/media/documents/ESG-standards/Global-ESG-Disclosure-Standards-for-Investment-Products.pdf">Read the Standards</a> (PDF).<br /> <a href="https://rpc.cfainstitute.org/-/media/documents/ESG-standards/Global-ESG-Disclosure-Standards-for-Investment-Products-Errata-June-2022.pdf">Global ESG Disclosure Standards for Investment Products Errata – June 2022</a> (PDF).<br /> Order the Global ESG Disclosure Standards for Investment Products <a rel="noopener noreferrer" href="https://www.amazon.com/Global-Disclosure-Standards-Investment-Products/dp/B0BW341BGR/ref=sr_1_3?crid=K0H3A1IZ7OE9&keywords=global+esg+disclosure+standards+for+investment+products&qid=1694091001&s=books&sprefix=global+esg+disclosure+standards+for+investment+products%2Cstripbooks%2C110&sr=1-3" target="_blank">on Amazon</a> </div> </div> </div>   <div class="brand-card flex__item"> <img src="/-/media/images/cards/Lifestyle-and-Graphic/book-in-hand.jpg?h=381&w=664&la=en&hash=93C8D958AA2A4867EFC2F2D5900E2413" class="brand-card__media media__ratio--double" loading="lazy" alt="book-in-hand" /> <div class="brand-card__content"> <h3 class="brand-card__content-title">Global ESG Disclosure Standards for Investment Products Handbook</h3> <div class="brand-card__content-description"> <a href="https://rpc.cfainstitute.org/-/media/documents/ESG-standards/Global-ESG-Disclosure-Standards-for-Investment-Products-Handbook.pdf">Read the Handbook</a> (PDF).<br /> <a href="https://rpc.cfainstitute.org/-/media/documents/ESG-standards/Global-ESG-Disclosure-Standards-for-Investment-Products-Handbook-Errata-June-2022.pdf">Global ESG Disclosure Standards for Investment Products Handbook Errata</a> – June 2022 (PDF).<br /> Order the Handbook, which includes the Standards, <a href="https://www.amazon.com/Disclosure-Standards-Investment-Products-Handbook/dp/1956563024/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1674053351&sr=8-1">on Amazon.</a> </div> </div> </div>   <div class="brand-card flex__item"> <img src="/-/media/images/cards/Lifestyle-and-Graphic/hand-redlining-paper.jpg?h=429&w=664&la=en&hash=26CB60F8B566622ACF09BA175B54E404" class="brand-card__media media__ratio--double" loading="lazy" alt="hand-redlining-paper" /> <div class="brand-card__content"> <h3 class="brand-card__content-title">Examination Procedures</h3> <div class="brand-card__content-description"> <a href="https://rpc.cfainstitute.org/-/media/documents/ESG-standards/Examination-Procedures-Global_ESG-Disclsosure-Standards-for-Investment-Products.pdf">Read the Examination Procedures </a>(PDF)<br /> These procedures enable independent examination of ESG Disclosure Statements. Order the Examination Procedures on <a rel="noopener noreferrer" href="https://www.amazon.com/dp/1956563008?ref_=pe_3052080_397514860">Amazon</a><a href="https://www.amazon.com/dp/1956563008?ref_=pe_3052080_397514860">.</a> </div> </div> </div>   <div class="brand-card flex__item"> <img src="/-/media/images/cards/Lifestyle-and-Graphic/women-reviewing-paperwork.jpg?h=443&w=664&la=en&hash=98106B4A36AAF7EC8FCC622C467DBD30" class="brand-card__media media__ratio--double" loading="lazy" alt="women-reviewing-paperwork" /> <div class="brand-card__content"> <h3 class="brand-card__content-title">Translations</h3> <div class="brand-card__content-description"> Read the translated versions of the Global ESG Disclosure Standards for Investment Products, <a href="https://rpc.cfainstitute.org/-/media/documents/ESG-standards/Global-ESG-Disclosure-Standards-for-Investment-Products-with-Errata-Chinese.pdf">Chinese</a>, <a href="https://rpc.cfainstitute.org/-/media/documents/ESG-standards/Global-ESG-Disclosure-Standards-for-Investment-Products-Japanese.pdf">Japanese</a>, <a href="/-/media/documents/ESG-standards/global-esg-disclosure-standards-for-Investment-products-korean.pdf">Korean</a>, and <a href="https://rpc.cfainstitute.org/-/media/documents/ESG-standards/Global-ESG-Disclosure-Standards-for-Investment-Products-Thai.pdf">Thai</a>. </div> </div> </div>  </div> </section>   <section class=" grid__item--full-width grid__item--inset">  <div class="section__separator"> <h2 class="section__header"> Tools and Resources </h2> </div>   <div>The following documents were created to help investment managers understand and implement the Global ESG Disclosure Standards for Investment Products.</div>  <ul class="rich-list no-border list-unstyled"> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/RPC-Assets/asset-pdf.svg" class="image" alt="pdf icon"> </div> <div class="media-body"> <span class="list-item-title"> <a href="/-/media/documents/ESG-standards/Global-ESG-Disclosure-Standards-for-Investment-Products---FAQs.pdf" >FAQs</a> </span> (PDF) <p>Answers to your frequently asked questions.</p> </div> </div> </li> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/RPC-Assets/asset-pdf.svg" class="image" alt="pdf icon"> </div> <div class="media-body"> <span class="list-item-title"> <a href="/-/media/documents/ESG-standards/Guide-to-Creating-a-Policies-and-Procedures-Manual_Online.pdf" >Guide to Creating a Policies and Procedures Manual</a> </span> (PDF) <p>Learn how to create a Policies and Procedures manual to comply with the ESG Disclosure Standards.</p> </div> </div> </li> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/RPC-Assets/asset-pdf.svg" class="image" alt="pdf icon"> </div> <div class="media-body"> <span class="list-item-title">ESG Disclosure Statement Template</span> <p>An optional template that standardizes the format of ESG Disclosure Statements for easier comparison of investment products. <br /> <a href="-/media/documents/ESG-standards/eds-template-instructions.pdf">View template instructions here</a> (PDF).<br /> <a href="-/media/documents/ESG-standards/eds-template">Download and fill out the form here</a> (DOC).</p> </div> </div> </li> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/RPC-Assets/asset-pdf.svg" class="image" alt="pdf icon"> </div> <div class="media-body"> <span class="list-item-title"> <a href="https://compliancetracking.cfainstitute.org/esg-form" >ESG Disclosure Standards Compliance Notification Form</a> </span> <p>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.</p> </div> </div> </li> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/Monitor/Monitor_53565A_Solid.svg" class="image" alt="monitor icon"> </div> <div class="media-body"> <span class="list-item-title"> <a href="https://compliancetracking.cfainstitute.org/esg-firm-list" target="_blank">List of Organizations that have Prepared One or More ESG Disclosure Statements</a> </span> <p>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.</p> </div> </div> </li> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/RPC-Assets/asset-pdf.svg" class="image" alt="pdf icon"> </div> <div class="media-body"> <span class="list-item-title"> <a href="/-/media/documents/ESG-standards/Global-ESG-Disclosure-Standard-for-Investment-Products---SFDR-Cross-Reference.pdf" >Sustainable Finance Disclosure Regulation (SFDR) Comparison</a> </span> (PDF) <p>A comparison of the ESG Disclosure Standards with SFDR requirements.</p> </div> </div> </li> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/RPC-Assets/asset-pdf.svg" class="image" alt="pdf icon"> </div> <div class="media-body"> <span class="list-item-title"> <a href="/-/media/documents/ESG-standards/sdr-comparison-with-esg-standards.pdf" >Sustainability Disclosure Requirements (SDR) Comparison</a> </span> (PDF) <p>A comparison of the ESG Disclosure Standards with UK Sustainability Disclosure Requirements.</p> </div> </div> </li> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/RPC-Assets/asset-pdf.svg" class="image" alt="pdf icon"> </div> <div class="media-body"> <span class="list-item-title"> <a href="/-/media/documents/ESG-standards/Global-ESG-Disclosure-Standards-for-Investment-Products---CSA-Staff-Notice-81-334-Comparison_2023.pdf" >Canadian Securities Administrators (CSA) Staff Notice 81-334 Comparison</a> </span> (PDF) <p>A comparison of the ESG Disclosure Standards with the CSA Staff Notice 81-334 requirements and recommendations.</p> </div> </div> </li> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/RPC-Assets/asset-pdf.svg" class="image" alt="pdf icon"> </div> <div class="media-body"> <span class="list-item-title"> <a href="/-/media/documents/ESG-standards/GlobalESGDisclosureStandardsforInvestmentProductsSFCHongKong29June2021CircularComparison2023.pdf" >Securities and Futures Commission (SFC) Hong Kong 29 Jun 2021 Circular Comparison</a> </span> (PDF) <p>A comparison of the ESG Disclosure Standards with the SFC Hong Kong 29 June 2021 Circular requirements.</p> </div> </div> </li> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/RPC-Assets/asset-pdf.svg" class="image" alt="pdf icon"> </div> <div class="media-body"> <span class="list-item-title"> <a href="/-/media/documents/ESG-standards/ESG-Disclosure-Standards-Brochure---for-Investors-and-Intermediaries.pdf" >ESG Disclosure Standards Brochure for Investors and Intermediaries</a> </span> (PDF) <p>Learn how the ESG Disclosure Standards can help investors, consultants, and advisors understand and evaluate investment products with ESG approaches.</p> </div> </div> </li> <li> <div class="media"> <div class="media-left"> <img src="/-/media/images/icon/RPC-Assets/asset-pdf.svg" class="image" alt="pdf icon"> </div> <div class="media-body"> <span class="list-item-title"> <a href="/-/media/documents/ESG-standards/ESG-Disclosure-Standards-Brochure----for-Firms.pdf" >ESG Disclosure Standards Brochure for Firms</a> </span> (PDF) <p>Learn how asset managers can comply with the ESG Disclosure Standards and more clearly communicate information about their ESG approaches.</p> </div> </div> </li> </ul>  <div class="section__separator"> </div>  <div class="flex__container brand-card__container flex__container--2-up@md flex__container--medium-column-gap flex__container--medium-row-gap" >  <a href="/cdn-cgi/l/email-protection#16736571656277787277647265567570777f7865627f6263627338796471" class="brand-card flex__item"><img src="/-/media/images/cards/Lifestyle-and-Graphic/hands-typing.jpg?h=443&w=664&la=en&hash=2EC33141EDC71F25F37D7E8DD92FE434" class="brand-card__media media__ratio--double" loading="lazy" alt="hands-typing" /> <div class="brand-card__content"> <h4 class="brand-card__content-title">Have Questions? Email the Help Desk</h4> </div>  </a>  <a href="/en/esg-standards/process" class="brand-card flex__item" ><img src="/-/media/images/cards/Lifestyle-and-Graphic/sustainability-financial-impacts.jpg?h=443&w=664&la=en&hash=DBCEC29CD0EBAEA60248FE70E9E48923" class="brand-card__media media__ratio--double" loading="lazy" alt="sustainability-financial-impacts" /> <div class="brand-card__content"> <h4 class="brand-card__content-title">The Standard-Setting Process</h4> </div>  </a> </div> </section>  </section> </main>   <footer class="footer"> <div class="footer__preroll"> <div class="footer__preroll-container"> <div class="footer__about"> <h2 class="footer__about-header h3"> About the Research and Policy Center (RPC) </h2> <p class="footer__about-text"> CFA Institute Research and Policy Center is transforming research insights into actions that strengthen markets, advance ethics, and improve investor outcomes for the ultimate benefit of society. </p> <a class="footer__about-cta button" role="button" href="/en/about" > Learn more about the RPC </a> </div> <div class="footer__latest"> <img class="footer__latest-background" srcset="/-/media/images/cta-background/aerial-skyscrapers.jpg?w=720&hash=5FAB353B5F96BEA739BAF4E906BD906F 720w" sizes="100% 720px" alt="aerial skyscrapers view" /> <h2 class="footer__latest-header h3"> Stay informed on the latest from the RPC </h2> <p class="footer__latest-text"> Sign up to get the latest updates from the RPC right to your inbox </p> <a class="footer__latest-cta button" role="button" href="/en/subscribe" > Subscribe here </a> </div> </div> </div> <div class="footer__top"> <div class="footer__logo cfa-font-weight-bold"> <span class="footer__logo-img"></span> </div> <div class="footer__social-links"> <ul> <li> <a href="http://linkedin.com/showcase/research-and-policy-center" rel="noopener noreferrer" title="Linkedin Page" target="_blank" > <span class="footer__social-icon icon icon--social-li"></span> <span class="sr-only">CFA Institute on LinkedIn</span> </a> </li> <li> <a href="http://www.facebook.com/CFAInstitute" rel="noopener noreferrer" title="Facebook Page" target="_blank" > <span class="footer__social-icon icon icon--social-fb"></span> <span class="sr-only">CFA Institute on Facebook</span> </a> </li> <li> <a href="https://twitter.com/cfainstitute" rel="noopener noreferrer" title="Twitter Page" target="_blank" > <span class="footer__social-icon icon icon--social-twitter"></span> <span class="sr-only">CFA Institute on Twitter</span> </a> </li> <li> <a href="http://e.weibo.com/cfainst" rel="noopener noreferrer" title="Weibo Page" target="_blank" > <span class="footer__social-icon icon icon--social-weibo"></span> <span class="sr-only">CFA Institute on Weibo</span> </a> </li> <li> <a href="/en/ICE-Feeds/RPC-Publications-Feed" rel="noopener noreferrer" title="CFA Institute Research and Policy Center RSS" target="_blank" > <span class="footer__social-icon icon icon--social-rss"></span> <span class="sr-only">Research and Policy Center RSS</span> </a> </li> </ul> </div> </div> <div class="footer__bottom"> <div class="footer__links"> <ul> <li> <a href="https://www.cfainstitute.org/" >CFA Institute</a> </li> <li> <a href="https://profile.cfainstitute.org/ContactUs" target="_blank" rel="noopener noreferrer" >Contact Us</a> </li> <li> <a href="https://www.cfainstitute.org/utility/accessibility" >Accessibility</a> </li> <li> <a href="https://www.cfainstitute.org/about/governance/policies/privacy-policy" title="Privacy Policy" >Privacy Policy</a> </li> <li> <a href="https://www.cfainstitute.org/about/governance/policies/terms-conditions" title="Terms and Conditions" >Terms & Conditions</a> </li> <li> <a href="/en/utility/sitemap" title="Sitemap" >Sitemap</a> </li> </ul> </div> <div class="footer__copyright"> © 2024 CFA Institute Research and Policy Center. All Rights Reserved. </div> </div> </footer>    <div id="privacy-banner" class="warning alert alert-dismissable"> <p class="message"> <span class="message-text">We're using cookies, but you can turn them off in Privacy Settings. Otherwise, you are agreeing to our use of cookies. Learn more in our <a href="https://old.cfainstitute.org/en/about/governance/policies/privacy-policy">Privacy Policy</a>.</span> <button id="privacySettings" class="secondary button modal-launch" data-target="#GDPR-modal">Privacy Settings</button> </p> <a href="#" id="closePrivacyWarning" data-dismiss="alert" class="close cfaicon-x" aria-label="Dismiss Warning"></a> </div>   <section> <div id="GDPR-modal" class="cfa-modal" aria-hidden="true" role="dialog"> <div class="cfa-modal-dialog">  <div class="modal-content"> <h5 class="modal-title alt" tabindex="0">Privacy Settings</h5> <div class="modal-body"> <p><strong>Functional cookies</strong>, which are necessary for basic site functionality like keeping you logged in, are <strong>always enabled</strong>.</p> <form> <p> <label for="analytics" class="indent-label"> <input id="analytics" class="indent-checkbox" type="checkbox" /> <strong>Allow analytics tracking.</strong> Analytics help us understand how the site is used, and which pages are the most popular. Read the <a href="https://old.cfainstitute.org/en/about/governance/policies/privacy-policy">Privacy Policy</a> to learn how this information is used. </label> </p> </form> </div> <div class="modal-footer"> <button id="privacySave">Save Settings</button> </div> </div> <button id="closePrivacyModal" class="modal-close click-to-close cfaicon-x"> <span class="screen-reader-only">Close Modal</span> </button> </div> </div> </section>  <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script type="text/javascript" src="https://uxpatterns.cfainstitute.org/globalbundles/scripts/global.js?v=tKr06j74w_UwTO3VQ4dsdfoR3SpdtOFigUA8lCICGMI1"></script> <script type="text/javascript" src="https://uxpatterns.cfainstitute.org/globalbundles/scripts/global.components.js?v=qnLNB-FzKhduR4Wd5sRVpcYqanal60gImqt-G832YCU1"></script> <script src="/bundles/scripts/cfa?v=Ug0VhCFfCGrbp3AQOXY9yrmZ5y1--nPI5jCVyIT2jME1"></script> <link rel="stylesheet" href="https://static.cloud.coveo.com/searchui/v2.10089/css/CoveoFullSearch.css" /> <link rel="stylesheet" href="https://static.cloud.coveo.com/coveoforsitecore/ui/v0.55.8/css/CoveoForSitecore.css" /> <script class="coveo-script" type="text/javascript" src='https://static.cloud.coveo.com/searchui/v2.10089/js/CoveoJsSearch.Lazy.min.js'></script> <script class="coveo-for-sitecore-script" type="text/javascript" src='https://static.cloud.coveo.com/coveoforsitecore/ui/v0.55.8/js/CoveoForSitecore.Lazy.min.js'></script> <script type="text/javascript" src="https://static.cloud.coveo.com/searchui/v2.10089/js/cultures/en.js"></script> <div>  <div id="SearchResourcesProperties_738941dd679f484aa68117aa43286e2e" class="CoveoForSitecoreContext" data-sc-should-have-analytics-component='true' data-sc-analytics-enabled='true' data-sc-current-language='en' data-prebind-sc-language-field-name='fieldTranslator' data-sc-language-field-name='_language' data-sc-labels='{"Ascending" : "Ascending" , "Descending" : "Descending" , "Created" : "Created" , "Created By" : "Created by" , "Creation Time" : "Creation time." , "Language" : "Language" , "Last Time Modified" : "Last time modified." , "Template" : "Template" , "Uniform resource identifier" : "URI" , "Updated By" : "Updated by" , "If the problem persists contact the administrator." : "If the problem persists contact the administrator." , "Search is currently unavailable" : "Oops! Something went wrong on the server."}' data-sc-maximum-age='900000' data-sc-page-name='esg-standards' data-sc-page-name-full-path='/sitecore/content/RPC/Home/esg-standards' data-sc-index-source-name='Coveo_webblue_index - SCProd9Farm' data-sc-is-in-experience-editor='false' data-sc-is-user-anonymous='true' data-sc-item-uri='sitecore://web/{2A2AA7B3-96BE-4ACE-AD3A-B0E319D5A9BC}?lang=en&ver=2' data-sc-item-id='2a2aa7b3-96be-4ace-ad3a-b0e319d5a9bc' data-prebind-sc-latest-version-field-name='fieldTranslator' data-sc-latest-version-field-name='_latestversion' data-sc-rest-endpoint-uri='/coveo/rest' data-sc-analytics-endpoint-uri='/coveo/rest/ua' data-sc-site-name='rpc' data-sc-field-prefix='f' data-sc-field-suffix='33244' data-sc-prefer-source-specific-fields='false' data-sc-external-fields='[{"fieldName":"permanentid","shouldEscape":false}]' data-sc-source-specific-fields='[{"fieldName":"attachmentparentid"},{"fieldName":"clickableuri"},{"fieldName":"collection"},{"fieldName":"concepts"},{"fieldName":"date"},{"fieldName":"filetype"},{"fieldName":"indexeddate"},{"fieldName":"isattachment"},{"fieldName":"language"},{"fieldName":"printableuri"},{"fieldName":"rowid"},{"fieldName":"size"},{"fieldName":"source"},{"fieldName":"topparent"},{"fieldName":"topparentid"},{"fieldName":"transactionid"},{"fieldName":"uri"},{"fieldName":"urihash"}]' > </div> <script type="text/javascript"> var endpointConfiguration = { itemUri: "sitecore://web/{2A2AA7B3-96BE-4ACE-AD3A-B0E319D5A9BC}?lang=en&ver=2", siteName: "rpc", restEndpointUri: "/coveo/rest" }; if (typeof (CoveoForSitecore) !== "undefined") { CoveoForSitecore.SearchEndpoint.configureSitecoreEndpoint(endpointConfiguration); CoveoForSitecore.version = "5.0.1039.1"; var context = document.getElementById("SearchResourcesProperties_738941dd679f484aa68117aa43286e2e"); if (!!context) { CoveoForSitecore.Context.configureContext(context); } } </script> </div> <script type="text/javascript">_satellite.pageBottom();</script>  <input id="MediaFramework_ItemId" name="MediaFramework_ItemId" type="hidden" value="2A2AA7B396BE4ACEAD3AB0E319D5A9BC"> </body> </html>

CINXE.COM

Global ESG Disclosure Standards for Investment Products | CFA Institute