ESG / Sustainability

ESG / Sustainability

US FSOC Establishes New Advisory Committee on Climate Risk

By Editors | 08/10/2022

The committee will help the FSOC gather information, conduct analysis, and make recommendations to address climate-related financial risks.

ESG / Sustainability

ISSB Adoption in Hong Kong Will Have Global Significance: SFC

By Manesh Samtani | 06/10/2022

The SFC is working with HKEX to develop a regulatory framework for listed company climate-related disclosures “based on the ISSB standards”.

ESG / Sustainability

MAS Launches ESG Impact Hub, New Advisory Panel

By Sanday Chongo Kabange | 06/10/2022

At launch, 15 ESG fintechs and organisations are already set up at the Hub – including CDP, Climate Impact X, KPMG, MUFG, and STACS.

ESG / Sustainability

UK FCA Warns on Green Fund Label Abuse

By ESG Investor | 05/10/2022

FCA Director of ESG Sacha Sadan underlines need for market confidence, highlights importance of investor engagement.

ESG / Sustainability

Taiwan Amends Prospectus Rules to Accommodate ESG Funds

By Editors | 05/10/2022

The draft amendments specify the disclosures securities investment trust funds must make in their prospectuses if they are ESG-themed.

ESG / Sustainability

Thai Stock Exchange Launches New ESG Data Platform

By Editors | 05/10/2022

Phase one allows listed companies to submit ESG data to the platform. Phase two will enable the distribution of ESG data to the public domain within the Q2 2023.

ESG / Sustainability

MAS Announces Initiatives to Promote Blended Finance

By Editors | 05/10/2022

S$5mn in grants will fund innovations in blended finance. The GFANZ APAC Network will develop guidance for FIs on phasing out coal power.

Capital / Liquidity

Capital Rules Can Cushion Banks’ Fossil Fuel Exposure: Report

By ESG Investor | 04/10/2022

Prudential regulators should increase the risk weighting applied to major banks’ fossil fuel assets, Finance Watch says in a new report.

ESG / Sustainability

BSP Issues Guidance for Banks on E&S Risk Management

By Manesh Samtani | 04/10/2022

Banks must develop ESRM systems that assess environmental and social risks arising from their operations, products, services, transactions, activities, and operating environment.