ESG / SUSTAINABILITY

ESG / Sustainability

RBI Official Calls for Structural Changes to Scale Up Green Finance

By Editors | 27/12/2022

Deputy governor M Rajeshwar Rao said a formal definition of green finance and a taxonomy are needed, along with a robust ecosystem for third-party verification and assurance.

Big Picture

HKIMR Report Explores Challenges of Climate Risk Measurement

By Sanday Chongo Kabange | 22/12/2022

The report introduces a data management framework and a model risk management framework to help FIs manage climate-related data and model risks.

ESG / Sustainability

EU Lawmakers Agree on Enhancements to Carbon Market

By Editors | 22/12/2022

The agreement, which still needs formal endorsement, will accelerate the pace at which energy-intensive companies are obligated to reduce emissions.

ESG / Sustainability

China Preparing to Issue New Rules for Green Funds – Report

By Editors | 22/12/2022

The new rules will require mutual funds and ETFs to have at least 60 percent of their assets in defined green investments to be eligible to be sold as green products.

ESG / Sustainability

CDP to Help Enhance Sustainability Reporting in Hong Kong

By Editors | 21/12/2022

A new Climate and Environmental Risk Questionnaire has been developed to help SMEs with sustainability reporting.

ESG / Sustainability

Japan FSA Issues Draft Supervisory Guidelines for ESG Funds

By Editors | 21/12/2022

The FSA issued draft guidelines outlining the checks that will be performed by supervisors to ensure ESG investment trusts are true-to-label.

Crypto / Digital Assets

Indonesian Lawmakers Pass Major Financial Sector Reforms

By Editors | 20/12/2022

The legislation changes the central bank’s mandate, shifts crypto sector oversight to OJK, makes a digital rupiah legal tender, and introduces a carbon trading framework.

ESG / Sustainability

Nature is Integral to Sustainability Reporting – ISSB

By ESG Investor | 20/12/2022

ISSB disclosure rules will reflect the connection between climate and nature, Chair Emmanuel Faber said at COP15 on Finance and Biodiversity Day.

ESG / Sustainability

Korea Establishes New Sustainability Standards Board Under KASB

By Manesh Samtani | 20/12/2022

The Korea Sustainability Standards Board will participate in international discussions and develop a new ESG disclosure system to be used domestically.