ESG / Sustainability

ESG / Sustainability

BCBS Consults on Ways to Improve Climate Scenario Analysis

By Editors | 17/04/2024

New BCBS paper asks about key challenges and how methodologies, capabilities and scenarios can be further improved.

ESG / Sustainability

Chinese Bourses Finalise Sustainability Reporting Guidelines

By Manesh Samtani | 16/04/2024

Companies listed in key indices will have to report in line with the new guidelines by 30 April 2026. The double materiality principle is adopted.

ESG / Sustainability

ESG Requirements Could Hinder EU Banks’ Competitiveness – Report

By Nithya Subramanian | 16/04/2024

The EBF’s Denisa Avermaete said ESG buffers are problematic because they are an “exclusively European tool”.

ESG / Sustainability

Temasek, UBS, DBS Launch Philanthropy Matching Platform

By Editors | 15/04/2024

The “Co-Axis” platform connects funders such as family offices with early-stage businesses, charitable organisations, and blended finance projects.

Market Infrastructure

IOSCO Establishes New Workstreams on AI, Tokenisation

By Manesh Samtani | 15/04/2024

New workstreams on green finance and credit default swaps will also be created, according to IOSCO’s updated work plan for 2024.

ESG / Sustainability

SBTi Policy Decision Prompts Backlash from Staff, Advisers

By Manesh Samtani | 12/04/2024

SBTi announced its intention to allow the use of carbon credits to tackle Scope 3 emissions. Staff and technical advisers are demanding a reversal of the new policy.

Securities / Derivatives

Taiwan to Require Firms to Incorporate ESG in Internal Control Systems

By Editors | 12/04/2024

Listed companies and securities and futures firms will have until January 2025 to adjust their internal control and audit systems.

ESG / Sustainability

China Issues New Guidelines to Boost Green Development

By Editors | 11/04/2024

Authorities will introduce carbon accounting standards for FIs, expand the scope of entities that can trade the carbon market, and increase credit support for green projects.

ESG / Sustainability

CIX Launches Nature-Based Carbon Removal Contracts

By Nithya Subramanian | 09/04/2024

Climate Impact X said the contracts are designed to give buyers confidence and certainty in the projects delivered.