As the U.S. member body to the International Organization for Standardization (ISO), the American National Standards Institute (ANSI) encourages its members and relevant stakeholders to submit comments by July 13 for a new ISO work item focused on sustainable finance.
BSI, the national standards body for the United Kingdom, submitted the proposal for the new committee, which will involve a program of work to promote the integration of sustainability considerations and environmental, social, and governance (ESG) practices into institutional investment decision-making and wider financial management. Additionally, it will support the alignment of the global financial system with sustainable development goals.
All interested U.S. parties are invited to review the proposal, which includes an initial proposed work plan as well as information on how it may relate to existing international standardization work as well as relevant stakeholders and organizations.
Please submit comments to Steve Cornish, ANSI senior director of international policy, at [email protected] by close of business on July 13, 2018. Based on the input received from U.S. stakeholders, a recommended ANSI position and any comments will be developed and presented to the ANSI ISO Committee (AIC) for approval before the ISO voting deadline of August 23, 2018.
ANSI has published an explanatory information document outlining the process used to develop U.S. positions on issues and activities under consideration by ISO and IEC.