Will There Be a Single Standard in the Near Term?

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i also interviewed evan harvey, head of sustainability for nasdak. When i told him i'd be interviewing you, he had one question for you. Wants to know, will there be one standard some day? In other words, Will there be generally accepted accounting principles? Or will we always be in this situation with a kind of balance n a regulatory, required filing and a voluntary publication? I don't think in the near term we will have a single standard. It's important to point out that we don't have it in financial either. We have what's called fasby the financial accounting standars board.

“If there’s an acronym in the disclosure space, I usually was involved,” quipped Curtis Ravenel at the recent GreenFin conference in New York.

Curtis is Senior Advisor for the Glasgow Financial Alliance for Net Zero, or GFANZ, and Member of the Secretariat for the FSB Task Force on Climate-related Financial Disclosures, or TCFD. In an interview for this episode of the ESG Insider podcast following the conference, Curtis discusses the convergence happening among the alphabet soup of sustainability standard setters; the net zero transition; and the path forward during a time of tension in the ESG world.

To hear our previous interview with Curtis: https://www.spglobal.com/esg/podcasts/esg-experts-are-watching-these-sustainability-trends-in-2022

To read more about GFANZ guidance on credible net zero transition plans: https://www.gfanzero.com/

S&P Global Sustainable1 was a sponsor of GreenFin.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

Photo credit: Getty Images

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