ESG / Sustainability

ESG / Sustainability

Vanguard Withdraws from NZAM Alliance Amid Political Pressure

By Editors | 13/12/2022

The move came a day after a senate committee report was released highlighting the outsized influence of the “Big Three” asset managers towards ESG.

ESG / Sustainability

Malaysia SC Issues Principles-based SRI Taxonomy

By Editors | 13/12/2022

The SRI Taxonomy provides universal guiding principles for the classification of economic activities that qualify for sustainable investment.

ESG / Sustainability

Bursa Malaysia Launches ESG Themed Index Futures Contract

By Editors | 13/12/2022

The new futures contract is based on the FTSE4Good Bursa Malaysia Index and available to global investors via CME Globex.

ESG / Sustainability

Australian Treasury Consults on Climate Disclosures

By ESG Investor | 13/12/2022

Australia is consulting on the design and implementation of its proposed standards for the mandatory disclosure of climate‑related financial risks and opportunities.

Capital / Liquidity

UK Proposes Extensive Overhaul of Financial Services Regulations

By Manesh Samtani | 12/12/2022

The reforms include overhauls of the ring-fencing and senior managers regimes, a new green finance strategy, and an investment management exemption for cryptoassets.

ESG / Sustainability

HKMA Issues Guidance for Banks on Reducing Greenwashing Risks

By Editors | 12/12/2022

The guidance is based on thematic examinations at banks, conducted to ensure they proper systems and control in place to manage their green and sustainable products.

ESG / Sustainability

Bursa Malaysia Launches Shariah Compliant Carbon Exchange

By Editors | 11/12/2022

The first trades will be conducted via an auction in March 2023. Project developers, project proponents, and corporate buyers are invited to participate.

ESG / Sustainability

ESMA Labelling Rules to Complicate Green Fund Market

By ESG Investor | 11/12/2022

Plans to introduce minimum investment thresholds risk creating two types of Article 8 products, says Julia Vergauwen at Linklaters.

ESG / Sustainability

Malaysia JC3 to Prioritise Work on Climate & Environmental Data

By Editors | 09/12/2022

The JC3 will work with data providers in 2023 to improve data accessibility, quality, comparability and consistency; and develop strategies to substantially reduce data gaps.