Following SFA’s December 5^th inaugural ESG in Structured Finance Symposium that brought together a full capacity of 200 industry participants, a recent Asset-Backed Alert from ABAlert.com outlined SFA’s plans to form a task force centered around creating a standard disclosure and reporting approach for environmental, social, and governance (ESG) principles for structured finance products. The task force will begin its efforts in January. “Rating agencies across the board are looking at this as it impacts credit ratings,” SFA president Kristi Leo said. “We see the task force as a need to determine the fields that we can standardize so that investors can get the necessary data they are looking for.” SFA chief executive Michael Bright also weighed in on the importance that SFA is placing on ESG principles, stating, “It has become very clear that ESG is a big issue in structured finance. We feel we’re at the right time and there’s a lot of interest in the industry. It’s one of our big pushes in 2020.”  See Key Takeaways of the SFA “ESG in Structured Finance Symposium.”

Please contact the SFA Team if you’re interested in joining the ESG Task Force.