ESG / Sustainability

ESG / Sustainability

Australia: Taxonomy Needed to Effectively Combat Greenwashing

By Editors | 03/05/2023

Minister Stephen Jones said ASIC will only be able to catch the most egregious examples of greenwashing unless Australia gets its taxonomy right.

ESG / Sustainability

ASIC Fines Future Super for Alleged Greenwashing

By Sanday Chongo Kabange | 02/05/2023

ASIC fined Future Super Investment Services for “overstating the positive environmental impact” of its fund in a Facebook post.

ESG / Sustainability

Korea’s ESG Disclosure Rules Will be Consistent with Global Standards

By Editors | 02/05/2023

The FSC will seek to ensure consistency with global standards and major markets to reduce the burden for domestic firms.

ESG / Sustainability

Report Offers Recommendations to Finance GBA Net Zero Transition

By Editors | 30/04/2023

Report from WRI China calls for the establishment of a cross-regional agency coordination mechanism for financing decarbonisation in the GBA.

ESG / Sustainability

Korea Takes Measures to Address Fraudulent IPO Subscriptions

By Editors | 30/04/2023

IPO bookrunners must verify institutional investors can pay for stocks before allotment; risk weight for carbon emissions rights is reduced.

AML / KYC

SFC Chief Julia Leung Offers View Into 2023 Priorities

By Manesh Samtani | 29/04/2023

Julia Leung said the SFC will issue the new virtual assets rules in May, and that it developing a free carbon emissions calculator tool to help SMEs in climate-related reporting.

Fintech / Regtech

Japan: Reforms Needed to Boost Digital Green Bond Market

By Editors | 28/04/2023

Expert panel finds that the technology used in JPX’s digitally tracked green bond has other applications, but some challenges need to be addressed first.

ESG / Sustainability

SFC Commits to Reaching Carbon Neutrality by 2050

By Editors | 27/04/2023

The SFC will make periodic disclosures on the status of its carbon reduction efforts and progress towards meeting its climate targets, said CEO Julia Leung.

ESG / Sustainability

Venture Capital Firms Form New Climate Alliance

By Editors | 27/04/2023

A group of 23 firms has formed an alliance to develop best practices and tools for aligning early-stage investments with net zero goals.