国际清算银行：可持续金融中的信息治理（英文版）（25页）.pdf

1、 BIS Papers No 132 Information governance in sustainable finance by Sirio Aramonte and Frank Packer Monetary and Economic Department December 2022 JEL classification:G14,G28,G38.Keywords:sustainable finance,disclosures,ratings,governance.The views expressed are those of the authors and not necessari

2、ly the views of the BIS.This publication is available on the BIS website(www.bis.org).Bank for International Settlements 2022.All rights reserved.Brief excerpts may be reproduced or translated provided the source is stated.ISSN 1682-7651(online)ISBN 978-92-9259-627-9(online)BIS Papers No 132 1 Infor

3、mation governance in sustainable finance1 Sirio Aramonte and Frank Packer*Abstract Financial markets depend on information flows that facilitate capital allocation.Information governance is the set of regulatory provisions designed to mitigate conflicts of interest that could interfere with these fl

4、ows,so to ensure that all market participants receive a baseline of reliable information.In this paper,we discuss ways to enhance information governance in sustainable finance,a sector of funding markets that,in addition to financial returns,considers social and environmental benefits.We adapt lesso

5、ns from research in traditional finance to the unique features of sustainable finance.In particular,assessing the impact of corporate actions on a wide variety of stakeholders requires specialised data and knowledge.This observation has broad implications for disclosures,assurance,ratings and for th

6、e role of public bodies in information production.Adequate governance can also help market participants to gauge more accurately how much financial markets can contribute to achieving sustainability outcomes.Keywords:sustainable finance,disclosures,ratings,governance.JEL classification:G14,G28,G38.1