ESG / Sustainability

ESG / Sustainability

S&P Global Ratings Stops Providing ESG Credit Indicators

By Ranamita Chakraborty | 10/08/2023

With immediate effect, the impact of ESG factors on a borrower’s creditworthiness will now be conveyed through narrative paragraphs in the rating agency’s reports.

ESG / Sustainability

BlackRock Launches NZ$2b Fund to Support New Zealand Transition

By Mark Johnston | 09/08/2023

BlackRock has partnered with the New Zealand government to launch a NZD 2 billion climate infrastructure fund.

ESG / Sustainability

Taiwan Inaugurates Carbon Exchange, Targeting Net Zero by 2050

By Editors | 08/08/2023

The Kaohsiung-based carbon exchange will initially offer consultation services. Trading will start in the first half of next year.

ESG / Sustainability

Hong Kong to Develop Roadmap for ISSB Standards Adoption

By Editors | 08/08/2023

A special working group will be established to work on the roadmap and make recommendations to the Green and Sustainable Finance Cross-Agency Steering Group.

ESG / Sustainability

Australia: ASFI Unveils Taxonomy Technical Expert Group

By ESG Investor | 08/08/2023

The expert group will offer strategic direction over, input into and endorsement of an Australian sustainable finance taxonomy.

ESG / Sustainability

Indian Banks Unprepared for Climate Actions

By Jill Wong | 07/08/2023

India faces the highest climate risks but its banks are unprepared to undertake climate action, according to a new report by India-based think tank Climate Risk Horizons.

ESG / Sustainability

ISSB Asked to Prioritise Biodiversity in Two-year Work Plan

By ESG Investor | 07/08/2023

Respondents to ISSB’s agenda priorities consultation call for focus on biodiversity and nature, progress on social and human-rights related reporting standards.

ESG / Sustainability

The Future of Climate Reporting: A Deeper Look at ISSB, HKEX Proposals

By Siva Ramachandran | 06/08/2023

CFA Institute and CFA Society Hong Kong call for auditor oversight and proportionate approach to climate disclosure with differentiated requirements for GEM issuers.

ESG / Sustainability

New Zealand XRB Sets Temporary GHG Assurance Standard

By Ranamita Chakraborty | 04/08/2023

From October 2024, climate reporting entities in New Zealand will need to use an internationally recognised assurance standard (ISAE or ISO) to obtain assurance over their greenhouse gas (GHG) emissions disclosures.