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Rules beyond regulation

Nov 23, 2018

Every year there’s one key event designed to get the adrenalin of board directors, executives and investors going: the presentation of the annual results at the AGM. More recently, the publication of zRating’s board of directors rankings in autumn has had a very similar effect. Covering more than 170 listed Swiss companies, zRating provides an objective and accurate assessment of directors’ corporate governance efforts. The importance of the rating shows that it’s not just what a board decides that is relevant, but how – something that was given relatively little attention in the past, but is increasingly seen as a key factor in board effectiveness.

“The public is increasingly sensitive to the effectiveness of boards of directors […] But the demands directors have to meet go way beyond mere corporate governance guidelines. High-performing boards now have to master the art of interaction and adding value by drawing on diverse beliefs and points of view.”

To PwC’s full articleWarning Link will open in a new window

Financial market infrastructure provider SIX announced today the launch of a new climate data offering, aimed at supporting investors in reporting and monitoring of climate factors, and in climate-related investment and risk decision making.

The climate data sets, from various data providers in a range of industries, will provide clients with modelled and reported emissions data, covering over 33,000 companies globally, and bringing together multiple data sets on regulatory, historical and forward-looking climate impacts from providers including MSCI and Inrate. SIX also announced that it has recently entered into an agreement with environmental disclosure platform CDP to offer access to its global Greenhouse Gas (GHG) Emissions Dataset across various industries.

According to SIX, the new data sets come as investors increasingly require ESG and climate data to monitor investment decisions and to meet growing regulatory disclosure requirements, including the EU’s SFDR and the U.S.’ upcoming SEC Climate Disclosure Rules.

Martina Macpherson, Head ESG Product Strategy and Management, Financial Information, SIX, said:

“Understanding, measuring and managing climate risk and opportunities, as well as the impact that these can have on investment decisions, is a critical area of focus for market participants and policy makers alike. As more climate risk monitoring and reporting is required globally, the cost of compliance is increasing – both in operations and in terms of specialist ESG resources. SIX works with established providers of basic and specific ESG and climate data in the market.”