Sustainable Fitch, the sustainability-focused analytics business of Fitch Group, has introduced the ESG Regulations and Reporting Standards Tracker. This new tool aims to monitor significant regulatory advancements in the ESG space, encompassing sustainable taxonomies, disclosure regulations related to ESG and climate, and requirements for ESG funds.
The Tracker, available as a downloadable Excel-based database, will be regularly updated by Sustainable Fitch’s Research team on a quarterly basis. The team will gather information from various sources, including government statements, media reports, participation in sustainable finance working groups, and others.
Aside from monitoring regulatory developments, the tool will also keep track of reporting frameworks and standards. Its objective is to offer guidance on emerging regulatory issues concerning ESG that impact issuers and investors.
Alongside the launch of the tracker, Sustainable Fitch released a report that highlights several recent regulatory advancements. These include the progress made in sustainable taxonomies in the EU, Brazil, Mexico, and the ASEAN region, heightened regulatory focus on greenwashing in countries like India, Japan, and South Korea, and the movement towards mandatory corporate climate disclosure requirements in jurisdictions such as Canada, Hong Kong, and New Zealand.