The capital markets are challenged to define and communicate sustainability standards for their own operations as well as the products and services they offer to customers. A proliferation of sustainability reporting, guidance, and third-party aggregation frameworks accentuates this challenge. Industry coalescence around a set of common sustainability standards is expected to facilitate price discovery as well as consumer confidence. Increased regulatory interest in sustainability standards and concern about “greenwashing’ puts a sharp point on the need for standardization and reporting as a means to open and resilient markets.
Goals and Objectives
Collaborate with industry groups toward the development of an open and common sustainability standard. Employ technology to measure, manage, and report on progress toward the achievement of sustainability mandates.
Advanced analytics, API management software, blockchain, smart contracts, and IoT
Use Case Summary
The employment of technology to provide a meaningful interface between the financial markets with the natural and social world represents an important digital transformation use case. The efficient and accurate measurement of the environmental impact of economic activities, represented by financial instruments, is a significant step toward sustainability management.