ESG / Sustainability

ESG / Sustainability

New Zealand Considers Climate Reporting Exemptions for Secondary Listed Issuers

By Sanday Chongo Kabange | 15/03/2023

The exemptions seek to reduce compliance costs for foreign exempt issuers that already produce similar reporting in their home jurisdiction.

ESG / Sustainability

New Guidance for Accounting, Reporting Real Estate Emissions

By ESG Investor | 15/03/2023

The three organisations have outlined recommendations for on accounting and reporting real estate operational emissions.

ESG / Sustainability

European Banks to Undergo Climate, Cyber Stress Tests

By Mark Johnston | 15/03/2023

European regulators have been asked to conduct a one-off climate risk scenario analysis. The ECB separately plans to launch a thematic stress test on cyber resilience.

ESG / Sustainability

ESG Scrutiny Reveals Cracks in Credit Rating Methods

By ESG Investor | 15/03/2023

An IEEFA study has found “no direct relationship” between ESG credit scores and credit ratings, due to ratings providers still “evaluating companies the traditional way”.

Capital / Liquidity

FIs’ Climate-related Risk Capture Incomplete, says BoE

By ESG Investor | 15/03/2023

Existing capability and regime gaps “create uncertainty” over whether financial institutions are adequately capitalised for future climate-related losses, says the Bank of England.

ESG / Sustainability

Philippines to Adopt ASEAN SRFS, Issue Blue Bond Framework

By Editors | 15/03/2023

The SEC will adopt the ASEAN Sustainable and Responsible Fund Standards and separately release a new blue bond framework by Q2.

ESG / Sustainability

PRI Identifies Demand for Sustainable Finance Taxonomy in Japan

By Editors | 14/03/2023

PRI survey identified “substantial demand” from investors for some form of comprehensive sustainable finance taxonomy for Japan.

ESG / Sustainability

Record Number of FIs Seeking Environmental Disclosures Via CDP

By Editors | 14/03/2023

CDP’s annual disclosure request this year is on behalf of 746 FIs across 40 countries. Firms are asked to disclose on plastics for the first time.

ESG / Sustainability

Fitch Rating Analyses ESG Fund Regulation Globally

By ESG Investor | 13/03/2023

New Fitch report compares fund-level ESG regulatory developments across North America, Europe and Asia.