ESG / Sustainability

ESG / Sustainability

Japan FSA Establishes Working Group on Impact Investment

By Editors | 26/10/2022

The working group will discuss measures for expanding impact investment in Japan, taking into account trends and practices used in other markets.

ESG / Sustainability

FCA Proposes Three New Green Labels for UK Funds

By ESG Investor | 26/10/2022

The FCA has published its much-anticipated consultation outlining measures to tackle greenwashing.

Big Picture

US$100 Trillion Needed to Reach Net Zero by 2050

By ESG Investor | 26/10/2022

BNY Mellon Investment Management and Fathom Consulting say an additional $100tr in green investment is needed to achieve net zero by 2050.

ESG / Sustainability

Texas, Arizona Lawsuits Target Big Bank Climate Pledges

By Editors | 26/10/2022

The lawsuits take aim at Goldman Sachs, JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, and Morgan Stanley.

ESG / Sustainability

“High Impact” Emitters Must Follow Science

By ESG Investor | 25/10/2022

Over 300 FIs and multinational firms have called on “high impact” companies to set science-based targets for reducing emissions.

ESG / Sustainability

BIS Innovation Hub, HKMA Tackle Green Bond Transparency

By Editors | 25/10/2022

Project Genesis 2.0 prototypes provided investors real-time transparency on the environmental impact of the use of proceeds from green bonds.

ESG / Sustainability

EU Council Sets Out Position on Global Biodiversity Framework

By ESG Investor | 25/10/2022

The EU Council has finalised its negotiating position ahead of final COP15 discussions for the Global Biodiversity Framework, due to take place in December.

ESG / Sustainability

Taiwan Revises Corporate Governance Norms for FHCs, Banks

By Editors | 24/10/2022

The FSC is seeking to strengthen controls around the interactions and communications between financial institutions and their major shareholders.

ESG / Sustainability

ISSB Confirms Scope 3 Disclosures Will be Mandatory

By Editors | 23/10/2022

The ISSB will develop relief provisions to help companies meet the Scope 3 reporting requirements, which could include safe harbour provisions.