KKR's Seeger to join global sustainability standards body
July 15, 2022 00:00:00
NEW YORK/LONDON, July 14 (Reuters): Private equity investor KKR said on Thursday that sustainable investing executive Elizabeth Seeger is leaving to join global standard-setter the International Sustainability Standards Board.
Seeger, a 13-year veteran of the New York-based company who has co-led efforts to embed management of environmental, social and governance-related (ESG) issues into the firm's investment process, is set to take up her new role in November.
Launched at global climate talks last November, the Frankfurt-based International Sustainability Standards Board (ISSB) aims to set the global standard for corporate disclosures on sustainability issues, initially focusing on environmental data that can help in the fight against climate change.
Agreeing a common set of disclosures will make it easier for investors, lenders and regulators to see how companies are managing environmental risk, and allow better performers to be more readily identified across regions.