ESG Reference Material - Defining Data Considered E & S
MISMO is seeking a second public comment on new reference material designed to identify environmental, social and governance data elements that could be leveraged by lenders, investors, and trading partners. The 30-day public comment period runs through July 27, 2024.
The environmental, social, and governance (ESG) strategy is a way for investors to align investment decisions with their goals and values. In the context of housing finance, ESG investing can be used to support the development and financing of housing that is sustainable, socially responsible, or beneficial, and governed in a transparent and accountable manner.
What It Includes
MISMO’s ESG Community of Practice gained input from ESG thought leaders who collaborated to create the reference material. The idea was driven by participants desire to create and sell pools or securities that could be labeled as “ESG” and progressed into a discussion of which data in use in the industry could be used to discuss and define ESG investing in our space. The deliverable package includes:
- Implementation Considerations document. This document provides an overview of the process to create the Reference Guide, Use Cases, and Disclosure/legal considerations
- E and S Reference Guide. List of terms, mapping to our framework, and rationale for consideration using the term to be considered S or E.
Access Information for Members
MISMO Members can access the ESG Reference Material in the Resource Library housed on MISMO's Collaboration Site, "MISMO Connect" here.
Access Information for Non-Members
Non-MISMO members can access the ESG Reference Material here.