As we enter 2022, addressing climate and pandemic impacts are top of mind at Boston Common. We are hopeful that in the new year, investors will bring the necessary urgency to address these uncertainties, driving corporations to adopt a permanent shift towards prioritizing ESG risks and putting the well-being of people and planet at the center of corporate strategy.
Amid widespread concern about greenwashing, there is a growing push to develop standards for ESG reporting, and establish greater scrutiny of sustainability claims. Regulators in the US and Europe are acting to address the risks of operating without well-defined global standards. True to our mission and identity as long-term oriented investors, we are vocal advocates for universal requirements guiding industry best practices. We will need measurable outcomes and accountability as well as vigilant ecosystems if we are to accelerate change. As we reflect on our work in service of these goals in the closing months of 2021, we look to build on our efforts in 2022.
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