Recent calls for racial equity and government regulators' increasing focus on social and environmental concerns make this a good time for companies to integrate environmental justice into their environmental, social and governance efforts, say independent consultant Stacey Halliday, Julius Redd at Beveridge & Diamond and Jesse Glickstein at Hewlett Packard.
By Jon Hay
02.00 AM
A new acronym is joining the sustainable finance lexicon the SRD. The EU’s Sustainability Reporting Directive will become the cornerstone of corporate reporting on sustainability, which is the foundation of responsible investing. A draft of it has been leaked, showing that it will impose much stricter rules on companies about reporting their environmental and social impacts, but also contains loopholes.
The SRD is the new name of the European Union’s Non-Financial Reporting Directive (NFRD), introduced in 2014, but being revised in a process that will go on for much of this year and possibly longer.“Overall, it’s good,” said Maria van der Heide, head of EU policy at