FFC Calls On IOSCO To Encourage Corporate Accountability

FFC has joined with other investment groups in calling for the International Organization of Securities Commissions (IOSCO) to encourage corporations to disclose companies’ Environmental, Social and Governance (ESG) information to investors. IOSCO is an international association that represent’s 90% of the world’s securities and futures markets. Because of its global reach, IOSCO is in a unique  position to encourage corporations around the world to provide shareholders and  potential investors with ESG information. This information allows investors to gauge  the extent to which a corporation is contributing to food and water crises, income  inequality, climate change, governance failures and other important issues affecting  our world.

IOSCO can encourage the disclosure of this important information by working more closely with regulators, stock exchanges, and individual corporations. Specifically, FFC is calling on IOSCO to encourage the development of disclosure rules across markets, the creation of a task force dedicated to improving ESG disclosures, and the publication of an official statement explaining why the disclosure of this information is so important.

FFC believes that the greater corporate accountability that would result from these actions will lead to more stable global financial markets, and improved qualities of life for people around the world.

To view the statement, click here