ESG / Sustainability

ESG / Sustainability

HKEX Targets Carbon Neutrality in 2024, Net Zero by 2040

By Editors | 28/11/2023

HKEX will achieve carbon neutrality by 2024 by expanding its carbon offsetting policy, and net zero by 2040 by cutting its scope 1, 2, and 3 GHG emissions.

ESG / Sustainability

What is Next for Sustainability Reporting?

By Ranamita Chakraborty | 27/11/2023

Sustainability reporting is an investment opportunity and risk management strategy, said panellists at the SGX Sustainability Reporting Review launch.

ESG / Sustainability

Singapore-listed Firms Progress in Sustainability Reporting, Some Gaps Revealed

By Ranamita Chakraborty | 24/11/2023

Sustainability reporting and climate disclosures are tools for tracking a company’s long-term growth, noted Singapore’s DPM at the SGX Sustainability Reporting Review 2023 launch.

ESG / Sustainability

UNEP FI Launches Nature-related Guidance for Banks

By ESG Investor | 24/11/2023

The guidance aims to help banks align with the Global Biodiversity Framework and address nature and biodiversity loss.

ESG / Sustainability

Climate Disclosures and Financial Statements Should be Coherent: XRB

By Sanday Chongo Kabange | 23/11/2023

New Zealand’s XRB issued new guidance highlighting the need for coherence between financial statements and climate-related disclosures.

ESG / Sustainability

IAIS Consults on Climate Risk Supervisory Guidance

By ESG Investor | 23/11/2023

The consultation covers market conduct supervision and climate scenario analysis in the insurance sector.

Enforcement

ASIC Announces Enforcement Priorities for 2024

By Editors | 23/11/2023

ASIC added new priorities targeting super funds and market integrity, and emphases a continued focus on greenwashing.

Enforcement

ECB Threatens Fines for Banks Lagging on Climate Risk

By Mark Johnston | 23/11/2023

The central bank has given about 20 banks individual deadlines to fix their shortcomings in managing climate and environmental risks.

ESG / Sustainability

BCBS Addresses Challenges of Managing Climate-related Financial Risk

By Mark Johnston | 23/11/2023

BCBS newsletter discusses challenges relating to data availability and quality, capabilities and expertise, and climate scenario analysis.