ESG / SUSTAINABILITY

ESG / Sustainability

Japan Publishes Results of Climate Scenario Analysis Exercise

By Editors | 29/08/2022

The results highlight a need for banks to use common assumptions within their models, refine their analysis of individual companies, and enhance their methodologies.

Securities / Derivatives

ICE to Launch UK Carbon Allowance Options in October

By Editors | 28/08/2022

UK Carbon Options will provide a new tool for managing carbon emissions price risk, building upon the launch of UK carbon allowance futures in May 2021.

ESG / Sustainability

Global Banks Worry of Extraterritoriality in EU’s CSRD – Report

By Editors | 28/08/2022

CSRD is “off-putting” for banks’ clients, as it would subject foreign companies to the full set of rules if they list even a single instrument in the EU.

ESG / Sustainability

CSRC Directs Stock Exchanges to Amend Green Bond Rules

By Editors | 26/08/2022

The rule changes would require green bond issuers use 100 percent of proceeds on green projects, compared to 70 percent currently.

ESG / Sustainability

RBA Calls on FIs to ‘Act Now’ to Address Climate Risk

By Manesh Samtani | 25/08/2022

All insurers, banks and super fund trustees face liability risk if they do not disclose, address and manage the effects of climate change sufficiently.

ESG / Sustainability

BOT Outlines Plans to Promote Environmental Sustainability

By Manesh Samtani | 24/08/2022

The plans include new guidelines for banks, new data platforms, a new taxonomy, and other capacity-building initiatives.

ESG / Sustainability

Malaysia SC Expands SRI Sukuk and Bond Grant Scheme

By Editors | 24/08/2022

The grant scheme, designed to help defray external review costs, is being extended to cover SRI-linked sukuk issued under the SC’s new framework.

Market Infrastructure

ESMA Calls for Relaxation of BMR Third-country Regime

By Manesh Samtani | 23/08/2022

The current regime could impair the competitiveness of EU investors and, more generally, the EU financial market when the transitional period expires.

ESG / Sustainability

IMF Issues Staff Note on Mobilising Climate Finance

By Editors | 23/08/2022

The IMF staff note explores the factors that limit climate finance and what policymakers can do to address them, particularly in emerging market and developing economies.