ESG / Sustainability

ESG / Sustainability

BIS, MAS Develop Prototype Climate Risk Platform

By Nithya Subramanian | 13/06/2024

The platform uses NPL techniques to gather regulatory and climate data to help supervisors identify, monitor and manage climate risks.

ESG / Sustainability

Japan Carbon Market Study Group Holds First Meeting

By Editors | 12/06/2024

Discussions centred around ensuring certification organisations are reliable and whether IOSCO’s recommendations should be adopted.

ESG / Sustainability

ICVCM Unveils “High-integrity” Carbon Credits

By ESG Investor | 11/06/2024

ICVCM approved seven carbon-crediting methodologies that meet its high-integrity core carbon principles.

ESG / Sustainability

ESMA Tackles Greenwashing with New Tool

By ESG Investor | 10/06/2024

The EU watchdog plans to ramp up scrutiny of sustainable financial products, warning providers not to make “unsubstantiated” claims.

ESG / Sustainability

China Releases Plans for Carbon Footprint Management System

By Manesh Samtani | 08/06/2024

The government expects the carbon footprint management system to force companies to participate in carbon market transactions.

ESG / Sustainability

SET to Develop New System for Managing Emissions Data

By Editors | 06/06/2024

Energy consumption data will feed directly into the “SET Carbon system”. A prototype is expected to be ready in Q1 2025.

ESG / Sustainability

HKMA May Make Green Taxonomy Mandatory for Banks

By Nithya Subramanian | 06/06/2024

Executive director Kenneth Hui said the HKMA is considering making the taxonomy mandatory for the banking sector.

ESG / Sustainability

Japan Forms Group to Examine Carbon Market Infrastructure

By Editors | 06/06/2024

The new study group will examine the state of the infrastructure and market practices for carbon credit trading in Japan.

ESG / Sustainability

Active Super Engaged in Greenwashing, Australia Court Rules

By Sanday Chongo Kabange | 06/06/2024

Active Super made “misleading” and “deceptive” representations regarding exclusions applied to gambling, coal mining, Russian entities and oil tar sands investments.