ESG / Sustainability

ESG / Sustainability

IOSCO Proposes 21 Good Practices to Promote VCM Integrity

By Manesh Samtani | 04/12/2023

The Good Practices cover regulatory frameworks, primary market issuance, secondary market trading, and use and disclosure of use of carbon credits.

ESG / Sustainability

World Bank Unveils Roadmap for Scaling Carbon Markets

By Editors | 03/12/2023

The World Bank will help 15 countries earn income from the sale of carbon credits generated from preserving their forests.

ESG / Sustainability

IFRS Foundation Launches Knowledge Hub for ISSB Standards

By Editors | 03/12/2023

The hub will help companies prepare for their ISSB disclosures, and help auditors, investors, and regulators better understand the new standards.

ESG / Sustainability

Version 2 of ASEAN Taxonomy Affirmed by Stakeholders

By Manesh Samtani | 03/12/2023

The ASEAN Taxonomy Board said some feedback will be incorporated in the Version that will be effective in Q1 2023, and other improvements will be rolled out later.

ESG / Sustainability

Four Banks and an Insurer Have Quit SBTi – Reports

By Editors | 01/12/2023

Standard Chartered, HSBC, Societe Generale, ABN Amro and Allianz have left the UN-backed Science Based Targets Initiative.

Enforcement

ASIC: Morningstar Pays Two ESG-related Infringement Notices

By Manesh Samtani | 01/12/2023

Morningstar fund investors were exposed to weapons companies for “short periods of time” despite an ESG Policy that prohibited such exposures.

ESG / Sustainability

Tokyo Launches Market Maker Trials for Carbon Market

By Manesh Samtani | 30/11/2023

The market makers for the trial include Sumitomo Corp, Daiwa Securities, Marubeni Corp, Mizuho Bank, and Mitsui & Co.

ESG / Sustainability

HKMA Sets Standards for Sale of Green & Sustainable Investment Products

By Sanday Chongo Kabange | 30/11/2023

Registered institutions that sell and distribute green and sustainable investment products have 12 months to comply.

ESG / Sustainability

BCBS Consults on Climate Risk Disclosure Framework for Banks

By Manesh Samtani | 30/11/2023

The BCBS proposes to provide a common disclosure baseline for climate-related financial risks across internationally active banks.