ESG / SUSTAINABILITY

ESG / Sustainability

Korean Banks, Insurers Meet to Discuss Climate Stress Tests

By Editors | 21/09/2022

KB Kookmin, Shinhan, Hana and Woori, along with six insurers, participated in the first meeting of a new working group set up to prepare for the stress tests.

ESG / Sustainability

ACCC to Commence Internet Sweep Targeting Greenwashing

By Editors | 21/09/2022

Businesses may be asked to substantiate their green claims. The ACCC may take enforcement action if consumers are being misled or deceived.

ESG / Sustainability

Common Ground Taxonomy: An Analytical Tool

By Manesh Samtani | 20/09/2022

The HKGFA is looking to address misconceptions about the EU-China Common Ground Taxonomy and how it is meant to be used, says Chaoni Huang.

ESG / Sustainability

Taipei Exchange Lists First Two Sustainability-linked Bonds

By Editors | 19/09/2022

Taiwanese conglomerate Far East New Century and chemicals company Chi Mei Corp issued TPEx’s first two sustainability-linked bonds on Wednesday.

ESG / Sustainability

New Zealand to Issue First Sovereign Green Bonds This Year

By Editors | 18/09/2022

New Zealand’s Treasury has appointed BNZ and Deutsche Bank (Sydney) as joint structuring advisors to help establish the sovereign green bond programme.

ESG / Sustainability

NGOs Call on Banks to Improve on Net Zero Delivery

By ESG Investor | 18/09/2022

Net Zero Banking Alliance members are under pressure to restrict their financing of fossil fuel projects, including coal production.

ESG / Sustainability

Work Begins on Assurance Standards for Sustainability Reporting

By Editors | 16/09/2022

IOSCO welcomes work by the IAASB and IESBA to develop assurance and ethics standards for sustainability-related corporate reporting.

Crypto / Digital Assets

MAS Launches New Transformation Map for Financial Industry

By Editors | 16/09/2022

MAS will promote the FX trading ecosystem, enhance fund structures, support fintechs, improve its bond infrastructure, and scale up sustainable and transition financing.

Securities / Derivatives

“No Consensus” on ESG Reporting Standards at Exchanges

By ESG Investor | 14/09/2022

The WFE said exchanges report increased demand from investors for ESG disclosures, but limited progress in providing common guidance on reporting standards.