COP26 - data provision key for asset managers

No common approach to ESG

What should investors make of COP26? For me it was a mix of hope and frustration.

It is true to say that the agreement did not go far enough to limit the temperature rise to anywhere near 1.5˚C.  However, some concrete milestones were achieved such as the pledges to ‘phase down' coal, cut down methane emissions and reduce deforestation, and the advancement of a rule book for a global carbon market.  During the COP26 weeks, an adjacent announcement was also welcome: the creation of the International Sustainability Standards Board (ISSB). It may not seem the most exciting measure but it could be a real game-changer over time as it would create a formal transparent ac...