Bank of Italy governor says bold international action needed on ESG data ReutersBank of Italy governor says bold international action needed on ESG data ReutersBank of Italy governor says bold international action needed on ESG data Reuters
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Reuters interview with Ignazio Visco, European Central Bank Governing Council member, Rome, Italy, May 31, 2021. REUTERS/Guglielmo Mangiapane/File photoROME, Sept 30, (Reuters) – Ignazio Visco, a member of the European Central Bank Governing Council, looks on during a Reuters interview in Rome, Italy, May 31, 2021. “The fact that there is not an obligation to supervise firms’ non-financial communication, the absence of standardised indicator… leave room for companies to attempt to alter their sustainability perception in order to attract funding,” Ignazio Visco stated at a conference. Regulators worry about the lack reliability and comparability. Visco said that sustainable finance has grown remarkably over the past few years to the point where one can wonder if this growth is sustainable.