ESG / Sustainability

ESG / Sustainability

Regulators Urged to Consider Climate Litigation as Relevant Financial Risk

By Ranamita Chakraborty | 22/06/2023

Major carbon-producing companies saw their firm value decrease following climate-related lawsuits and further reduce when unfavourable judgments were made.

ESG / Sustainability

New Zealand FSC Publishes New Guidance on Climate Disclosures

By Sanday Chongo Kabange | 21/06/2023

The new FSC guidance is designed to help fund managers and insurers to better understand and assess climate-related risks and prepare for mandatory climate reporting.

ESG / Sustainability

SBTi Consults on Climate Guidance for FIs

By ESG Investor | 20/06/2023

SBTi seeks to assist the finance sector in ensuring their decarbonisation plans align with scientific principles and contribute to combating climate change.

ESG / Sustainability

IFRS Foundation Opens New ISSB Office in Beijing

By Editors | 20/06/2023

Beijing Vice Mayor Linmao Xia said the government will actively support the promotion and application of the IFRS Sustainability Disclosure Standards in China.

ESG / Sustainability

IGCC Welcomes Australia-New Zealand Climate Finance Pact

By ESG Investor | 16/06/2023

The two nations have agreed to hold an annual Climate and Finance Dialogue to align sustainable finance frameworks and accelerate policy implementation.

ESG / Sustainability

Fit For Purpose: Existing Principles for FMIs Can Address Financial Climate Change Risks

By Michael Leibrock | 16/06/2023

FMIs are well placed to address climate-related risks in accordance with the existing PFMI principles, says DTCC’s Michael Leibrock.

ESG / Sustainability

Net Zero Bondholder Stewardship Guidance Launched

By ESG Investor | 16/06/2023

The IIGCC’s guidance provides advice on stewardship across different forms of corporate debt.

ESG / Sustainability

IPSASB to Develop Climate Disclosure Standard for Public Sector

By Mark Johnston | 15/06/2023

The IPSASB will build off the IFRS S2 Climate-related Disclosures standard and GRI climate-related topic standards, and produce an exposure draft in Q4 2024.

ESG / Sustainability

ASIC Urges Corporates to Start Preparing to Adopt ISSB Standards

By Ranamita Chakraborty | 15/06/2023

ASIC chair Joe Longo said the Treasury will publish plans for adopting the ISSB standards in Australia in the next two weeks.