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[PIO] Webinar of the Cyprus Standards Organisation

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The CYS Webinar on: "ISO 32210 - The first ISO Standard on Sustainable Finance assists ESG considerations"

The Cyprus Organization for Standardization (CYS) as part of its activities to inform and educate stakeholders and the public in general about International and European standards successfully organized on Tuesday, February 22, 2022 the webinar "ISO 32210 - The first ISO Standard on Sustainable Finance assists ESG considerations".

The vast experience and expertise of the speakers on standards and standardization issues, who come from International Standardization and specifically from the directly involved International Technical Committee "ISO Technical Committee 322 Sustainable Finance" contributed significantly to the comprehensive information of the Cypriot businessman. In particular, Dr. Young (Chairman of ISO TC 322), Mr. Morgan (Coordinator of the ISO TC 322 Working Group), Mr. Henigan (Secretary of ISO TC 322) and Mr. Marios Tannousis (National Representative of CYS) were the most important speakers of the seminar. Their contribution to the writing of the draft standard was a milestone in the field, as ISO 32210 is the first international standard in the field of sustainable finance.

The webinar was attended by more than 250 participants from a wide range of the financial sector, from Cyprus, Greece, UK, Israel and Thailand which demonstrates that the Cypriot financial community recognises the need to transition to a more sustainable finance through the use of standards as supporting tools.

CYS, recognizing that standards, although voluntary, can be auxiliary tools for the implementation of sustainable finance, has been actively involved through its national representative in the development of ISO 32210 since the beginning of the establishment of ISO TC 322, with Mr. Invest Cyprus. This participation as well as the participation in the CYS National Reflective Committee on Sustainable Finance, enhances the involvement of the Cypriot financial community in the work of developing international standards in this area and enables the submission of Cyprus' national position in the draft international standard ISO 32210 "Sustainable Finance - Principles and Guidance" currently under development.

Interested parties have the opportunity to receive more information on the topics of the presentations as well as to access the live video webcast of the seminar by following the link: https:/bit.ly/3t3tNv8

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(EC)


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