ESG / Sustainability

ESG / Sustainability

Working Group Formed to Update Bank Guidance on Biodiversity

By Editors | 05/05/2023

The working group, co-led by Crédit Agricole SA, First Abu Dhabi Bank and UBS, will issue updated guidance for banks on setting and achieving biodiversity targets.

ESG / Sustainability

ISSB Seeks Stakeholder Feedback on New Research Projects

By Editors | 05/05/2023

The ISSB is proposing to start work on three new sustainability-related research projects and a project researching integration in reporting.

ESG / Sustainability

ADB Unveils Climate Change Financing Programme

By ESG Investor | 04/05/2023

The programme targets the creation of $15bn in new loans for “much-needed” climate projects in the APAC region.

ESG / Sustainability

An Unregulated ESG Rating System Reveals its Flaws

By Hazel Ilango | 04/05/2023

ESG ratings are instrumental in facilitating investment decisions, but can disrupt the stability of financial markets if unregulated, says IEEFA’s Hazel Ilango.

ESG / Sustainability

Australia: Taxonomy Needed to Effectively Combat Greenwashing

By Editors | 03/05/2023

Minister Stephen Jones said ASIC will only be able to catch the most egregious examples of greenwashing unless Australia gets its taxonomy right.

ESG / Sustainability

ASIC Fines Future Super for Alleged Greenwashing

By Sanday Chongo Kabange | 02/05/2023

ASIC fined Future Super Investment Services for “overstating the positive environmental impact” of its fund in a Facebook post.

ESG / Sustainability

Korea’s ESG Disclosure Rules Will be Consistent with Global Standards

By Editors | 02/05/2023

The FSC will seek to ensure consistency with global standards and major markets to reduce the burden for domestic firms.

ESG / Sustainability

Report Offers Recommendations to Finance GBA Net Zero Transition

By Editors | 30/04/2023

Report from WRI China calls for the establishment of a cross-regional agency coordination mechanism for financing decarbonisation in the GBA.

ESG / Sustainability

Korea Takes Measures to Address Fraudulent IPO Subscriptions

By Editors | 30/04/2023

IPO bookrunners must verify institutional investors can pay for stocks before allotment; risk weight for carbon emissions rights is reduced.