ESG / Sustainability

ESG / Sustainability

BIS Launches Climate Training Portal for Central Banks

By Editors | 08/11/2021

The training will initially cover climate-related risk drivers, transmission channels, measurement methodologies, bank stress testing, insurance sector supervision, and TCFD disclosures.

ESG / Sustainability

HKEX Issues Guidance on TCFD-aligned Climate Disclosures

By Editors | 08/11/2021

The guidance has been published to help listed companies prepare for TCFD-aligned climate change reporting, which will become mandatory in Hong Kong by 2025.

ESG / Sustainability

LSEG, JPX to Develop Climate Indices for Japan Equity Market

By Editors | 07/11/2021

The new indices will enable investors to reallocate capital based on the climate credentials and carbon performance of the constituent companies in the index.

ESG / Sustainability

FCA Seeks Input on Disclosure, Labelling System for ESG Products

By Editors | 07/11/2021

The FCA is seeking views on product classification and labelling criteria for sustainable investment products, as well as asset manager and product-level disclosures.

ESG / Sustainability

Bank Compensation Practices More Advanced Than Other FIs: FSB

By Editors | 05/11/2021

The use of balanced scorecards based on KPIs in determining compensation is “critical” to promoting a sound risk culture in a firm, the FSB says.

ESG / Sustainability

NGFS Members Reaffirm Commitment to Climate Action

By Editors | 05/11/2021

The “NGFS Glasgow Declaration” pledges central banks and supervisors to continue fostering action on climate change and greening the financial system.

ESG / Sustainability

IFC, HKMA Join Forces on New Climate Finance Initiative

By Editors | 04/11/2021

The programme will combine institutional investor contributions with IFC funds to scale up climate-responsible financing for private companies in emerging markets.

ESG / Sustainability

Tokyo Revises Global City Vision, Pivots To Green Finance

By Mark Johnston | 04/11/2021

Tokyo has launched version 2.0 of its global financial city ambitions, with green financing and fintech becoming central pillars of its revised strategy.

ESG / Sustainability

Pace of Change Open to Question on COP26 Finance Day

By ESG Investor | 04/11/2021

Finance sector commitments are strongly in evidence, but NGOs and asset owners call for increased fossil fuel focus.