Bob Schneider over at Hitachi has posted a useful article on the corporate actions taxonomy being worked on by the DTCC, SWIFT and XBRL US that references their interesting and thorough document - A Business Case to Improve Corporate Actions Communications. But when I read the post and the document it just makes me wonder – why is it only actions that “impact a security that has been traded, cleared, and settled on behalf of the investor” that are reported? What about all the actions that evidence the sustainability behaviour of a business and therefore have an impact on the environmental, social and governance (ESG) profile of the organization? Read the rest of this entry »