ESG / SUSTAINABILITY

ESG / Sustainability

ClientEarth, AIGCC Offer Asia Guidance on Climate Resolutions

By ESG Investor | 28/11/2022

Different tactics are required across the region for institutional investors looking to hold corporates to account on net zero strategies.

ESG / Sustainability

HKMA Report Calls Out Greenwashing by Green Bond Issuers

By Mark Johnston | 28/11/2022

The report shows that so-called greenwashing firms are to some extent being penalised by the market with higher re-issuance costs.

Fintech / Regtech

UK, Singapore to Deepen Collaboration on FinTech, Sustainable Finance

By Editors | 26/11/2022

The UK and Singapore agreed to deepen cooperation on FinTech and sustainable finance, including to explore a global framework for regulating ESG ratings and data providers.

ESG / Sustainability

ISDA Identifies Opportunities to Standardise SLD Terms

By Editors | 26/11/2022

ISDA describes sustainability-linked derivatives as typical derivatives transactions with an ESG add-on that affects payment flows.

ESG / Sustainability

Law Change Needed to Protect ESG Rules for US Pension Plans

By ESG Investor | 25/11/2022

ERISA pensions are now permitted to incorporate material ESG factors into their investment and voting decisions.

ESG / Sustainability

HKEX Carbon Marketplace ‘Well Received’ by Market

By Editors | 24/11/2022

In the four weeks since its launch, Core Climate has recorded more than 40 trades, representing around 400,000 tonnes of carbon credits.

ESG / Sustainability

Mandatory Climate Disclosures for Swiss Firms From 2024

By ESG Investor | 24/11/2022

Switzerland’s Federated Council has opted to adopt an ordinance on mandatory climate disclosures for large Swiss companies.

Enforcement

US SEC Fines Goldman Unit For Not Following ESG Policies

By Editors | 24/11/2022

Goldman Sachs Asset Management had policies and procedures failures involving the ESG research its investment teams used to select and monitor securities.

ESG / Sustainability

FCA Forms Group to Develop ESG Ratings Code of Conduct

By ESG Investor | 23/11/2022

The UK FCA  has announced the formation of a group to develop a new code of conduct for ESG data and ratings providers.