LSFI Working Group Issues Recommendations to Financial Professionals to Address ESG Data Challenges

A group of experts has released an outcome report into the challenges associated with the raw data used by financial institutions in the context of investment/lending or commercial decisions, risk assessments and regulatory complexity. These are a summary of what it says is the key causes of data reliability and transparency among those affected by data. () The BBC s Christine Blaseen looks at how it is being treated in an effort to tackle these issues, including the impact of the data on the UK economy, and how they can be handled by regulators. The latest report has been published by the LSFI Environmental Working Group (FGI), which aims to clarify the issues related to environmental surveillance (Environmental Security Group) data, as part of an analysis of how data is used in their reporting and the way it deals with data providers and banks, in particular, for the future of Luxembourg sustainable finance initiatives (LHSFI) - and what could be the first step to address the issue of risk-assessment and risk management needs of individuals who rely on data to provide advice for investors and policymakers, but it has also revealed the extent of concerns about the risks that appear to be at the centre of its efforts to identify the current threats to the industry, the BBC has learned from the results of this report, with proposals for an independent review of key issues that have been identified during the past six months. A leading figures show.

Source: chronicle.lu
Published on 2024-06-15