ESG / Sustainability

ESG / Sustainability

ESMA Told to Watch and Wait on ‘Greenbleaching’

By ESG Investor | 28/03/2023

Advisory group outlines its recommendations on addressing SFDR Article 9 downgrades and greenwashing regulatory uncertainty.

ESG / Sustainability

Version 2 of ASEAN Sustainable Finance Taxonomy Released

By Editors | 28/03/2023

Version 2 highlights the importance of social aspects, expands the DNSH criteria, and recognises efforts to retire coal plants early.

Big Picture

PRI: Policymakers Must “Establish Coherence” on Investor Stewardship

By ESG Investor | 28/03/2023

The investor network has issued recommendations for policymakers to create an “enabling environment” for stewardship activity.

ESG / Sustainability

Bursa Malaysia Extends Waqf Framework to REITs, ETFs

By Editors | 28/03/2023

Listing rule amendments enhance the post-listing disclosure framework for Islamic REITs and ETFs to provide transparency on the waqf arrangement.

Capital / Liquidity

Bank Exposures to Flood Risk Likely Compounded by Other Risks: RBNZ

By Editors | 27/03/2023

Bank capital ratios are resilient when each flood event is considered in isolation, but flood risk could potentially compound with other risks.

ESG / Sustainability

WFE Publishes Framework for Designating Equities as Green

By Editors | 23/03/2023

WFE members created a global framework for defining green equities, which will enable sustainability-focused investors to make more informed decisions.

Capital / Liquidity

BCBS to Assess Financial Stability Risks of Higher Interest Rates

By Editors | 23/03/2023

The BCBS will also consult on revisions to its Core principles for effective banking supervision and on a Pillar 3 disclosure framework for climate-related financial risks.

ESG / Sustainability

IASB to Explore How Financial Statements Could Better Reflect Climate Risks

By Editors | 23/03/2023

The IASB will ensure any proposals work well with the IFRS Sustainability Disclosure Standards due to be issued by the end of Q2 2023.

ESG / Sustainability

IIGCC Issues Final Net Zero Infrastructure Guidance

By ESG Investor | 23/03/2023

The IIGCC guidance allows investors to assess alignment based on six criteria, including whether targets cover all scopes of emissions.