The following steps are being considered to enhance the reliability around existing climate and ESG disclosures
- Sustainability standards board
- ESG-specific policies and procedures requirements
- Investor bulletin to help investors understand ESG
- Enhanced transparency around proxy voting
- Auditor attestation of current voluntary sustainability reporting
- Better standards or guidance for how auditors currently address companies’ climate and ESG-related financial statement disclosures
- Enhanced transparency by credit rating agencies regarding how they consider ESG factors