ESG / Sustainability

Enforcement

ASIC Issues First Penalty Over Greenwashing Concerns

By Editors | 29/10/2022

ASIC said Tlou Energy made “false or misleading sustainability-related statements” in materials filed with ASX about its energy production.

ESG / Sustainability

Singapore to Host Platform to Unify Carbon Market Registry Data

By Editors | 29/10/2022

Climate Action Data Trust, or CAD Trust, will link, aggregate and harmonise all major carbon market registry data, and help with reporting under Article 6 of the Paris Agreement.

ESG / Sustainability

SGX to Launch Futures Based on MSCI Climate Action Indexes

By Editors | 28/10/2022

Futures contracts based on MSCI’s new Climate Action Indexes will help investors reduce the carbon footprint of their portfolios and drive investment into climate transition efforts.

ESG / Sustainability

SGX RegCo Consults on Independent Director Tenure Limit

By Editors | 28/10/2022

The consultation also proposes to require listed companies to disclose director and CEO remuneration in annual reports on a named basis.

ESG / Sustainability

Three in Five Lenders Not Reporting Emissions

By ESG Investor | 27/10/2022

Roughly 60% of lenders are yet to report any absolute financed emissions data, according to a report by Bloomberg Intelligence.

ESG / Sustainability

More Bumps in the Road for US Climate Rule After SEC Glitch

By ESG Investor | 27/10/2022

Concerns over costs and legal challenges lie ahead, as deadline for new disclosure rule slips.

ESG / Sustainability

JPX Launches Beta Version of ESG Information Portal

By Editors | 27/10/2022

The portal provides users easy access to ESG information from reports published by TSE-listed companies.

Enforcement

German Consumer Group Files Greenwashing Suit Against DWS

By Editors | 26/10/2022

The suit claims that DWS misrepresented a fund’s green credentials in marketing material. A hearing date is set for 10 March.

ESG / Sustainability

Singapore Commits to Tougher Net-Zero Emissions Target

By Editors | 26/10/2022

Singapore will develop low-carbon hydrogen as a fuel source, with a view to reaching peak emissions earlier than its stated 2030 deadline.