PRI Chair: Questions remain about standardization of sustainability reporting

There are still many questions to be posed about the standardization of sustainability reporting, particularly from an investor perspective, says Martin Skancke, chair of the Principles for Responsible Investment association (PRI).

Martin Skancke, Chair of the board at PRI | Photo: Vidar Ruud /NTB

Sustainability rankings continue to cause confusion within the financial industry.

For example, AMWatch's Norwegian sister media FinansWatch reports that five analyses recently came to five different conclusions for which financial institution is the country's most sustainable – which is hardly a help for investors trying to find out which companies are doing best when it comes to the green transition.

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