ESG / SUSTAINABILITY

ESG / Sustainability

SFDR Level 2 – Implications for SFC Authorised UCITS Funds

By Alwyn Li | 31/10/2022

Alwyn Li and Vincci Ip discuss pre-contractual disclosure requirements for SFDR Article 8 and Article 9 funds and the relevant regulatory requirements in Hong Kong.

ESG / Sustainability

GFANZ ‘Quiet Quits’ Race to Net Zero

By ESG Investor | 30/10/2022

The GFANZ 2022 progress report appeared to confirm the alliance’s intention to allow member groups to set their own path to net zero.

ESG / Sustainability

HKEX Launches Carbon Market to Support Net Zero Transition

By Sanday Chongo Kabange | 30/10/2022

The new platform will allow participants to source, hold, trade, settle and retire voluntary carbon credits from internationally-certified carbon projects.

Enforcement

ASIC Issues First Penalty Over Greenwashing Concerns

By Editors | 29/10/2022

ASIC said Tlou Energy made “false or misleading sustainability-related statements” in materials filed with ASX about its energy production.

ESG / Sustainability

Singapore to Host Platform to Unify Carbon Market Registry Data

By Editors | 29/10/2022

Climate Action Data Trust, or CAD Trust, will link, aggregate and harmonise all major carbon market registry data, and help with reporting under Article 6 of the Paris Agreement.

ESG / Sustainability

SGX to Launch Futures Based on MSCI Climate Action Indexes

By Editors | 28/10/2022

Futures contracts based on MSCI’s new Climate Action Indexes will help investors reduce the carbon footprint of their portfolios and drive investment into climate transition efforts.

ESG / Sustainability

SGX RegCo Consults on Independent Director Tenure Limit

By Editors | 28/10/2022

The consultation also proposes to require listed companies to disclose director and CEO remuneration in annual reports on a named basis.

ESG / Sustainability

Three in Five Lenders Not Reporting Emissions

By ESG Investor | 27/10/2022

Roughly 60% of lenders are yet to report any absolute financed emissions data, according to a report by Bloomberg Intelligence.

ESG / Sustainability

More Bumps in the Road for US Climate Rule After SEC Glitch

By ESG Investor | 27/10/2022

Concerns over costs and legal challenges lie ahead, as deadline for new disclosure rule slips.