FoSDA 2021 Workstreams
FoSDA has agreed to focus on four work-streams this year, with the view to contribute to the debate and solutions around some of the most pressing ESG data challenges facing the industry and regulators in 2021.
FoSDA partners are happy to welcome supporters and parties interested in contributing and inputting into the work of the different work-streams. If you would like to contribute, please use the “contact us” button below the work-stream of choice to get in touch with us!
ESG Data Gaps & Holes
Objective of the workstream:
- Map the gaps and holes in availability of raw ESG data required by financial market participants to comply with regulatory sustainability requirements emerging across multiple jurisdictions
- Identify rational for these gaps
- Share best practices and proposed approach to fill these gaps
- Feed the FoSDA workstream with our findings to support engagement with policy maker
Forward Looking ESG Data
Objective of the workstream:
To improve definitions and access to forward looking data for financial services, to support and drive efficiency in:
- Stress Testing
- Long-term risk assessments
- Scenario-based prudential regulatory reporting
- Transition finance products
Mapping Taxonomies To Data
Objective of the workstream:
To map the underlying data sets that will fulfil the requirements of emerging sustainable finance taxonomies, in order to create clarity for global investors on what data sets will be needed and for regulators on which datasets are common across jurisdictions.
The ultimate goal is to promote increased compatibility and harmonisation through clarity around the underlying data points, with the view to assist the allocation of sustainable capital at scale.
Talent Development & Capacity Building
Objective of the workstream:
- Create a network of educational institutions, professional bodies, industry and policymakers with a shared interest in developing talent to meet ESG/ Sustainable Finance data requirements
- Along with other sources, use the network’s shared expertise to create a dynamic map of the most pressing skills and training needs, plus a directory of providers
You can download the one-pagers that set out the objectives, deliverable and intended timeline for all the work-streams below.