The International Valuation Standards Council (IVSC), a global standards body chaired by Alistair Darling, former UK Chancellor of the Exchequer, has said that a more thorough consideration of ESG factors by valuation professionals can improve the fundamental analysis of their work.
The IVSC sets international standards for professional valuers and appraisers on sectors including real estate, financial instruments, intangible assets and business valuations.
Among IVSC members and sponsors are the World Bank’s International Finance Corporation, Bloomberg, the CFA Institute and the Royal Institution of Chartered Surveyors.
During the last decade the IVSC has embarked on a mission to achieve global comparability of standards and capacity building of professionals under the leadership of Sir David Tweedie.
Tweedie, IVSC Chairman from 2012 to 2019 and currently Special Advisor, got involved in the project to replicate the internationalisation p…