ESG / Sustainability

ESG / Sustainability

Bursa Malaysia Extends Waqf Framework to REITs, ETFs

By Editors | 28/03/2023

Listing rule amendments enhance the post-listing disclosure framework for Islamic REITs and ETFs to provide transparency on the waqf arrangement.

Capital / Liquidity

Bank Exposures to Flood Risk Likely Compounded by Other Risks: RBNZ

By Editors | 27/03/2023

Bank capital ratios are resilient when each flood event is considered in isolation, but flood risk could potentially compound with other risks.

ESG / Sustainability

WFE Publishes Framework for Designating Equities as Green

By Editors | 23/03/2023

WFE members created a global framework for defining green equities, which will enable sustainability-focused investors to make more informed decisions.

Capital / Liquidity

BCBS to Assess Financial Stability Risks of Higher Interest Rates

By Editors | 23/03/2023

The BCBS will also consult on revisions to its Core principles for effective banking supervision and on a Pillar 3 disclosure framework for climate-related financial risks.

ESG / Sustainability

IASB to Explore How Financial Statements Could Better Reflect Climate Risks

By Editors | 23/03/2023

The IASB will ensure any proposals work well with the IFRS Sustainability Disclosure Standards due to be issued by the end of Q2 2023.

ESG / Sustainability

IIGCC Issues Final Net Zero Infrastructure Guidance

By ESG Investor | 23/03/2023

The IIGCC guidance allows investors to assess alignment based on six criteria, including whether targets cover all scopes of emissions.

ESG / Sustainability

Biden Blocks Anti-ESG Bill; Texas to Divest from HSBC

By Editors | 23/03/2023

HSBC was added to a list that will requires state governmental entities in Texas to divest from all of the bank’s publicly traded securities within 360 days.

ESG / Sustainability

FCA: ESG Benchmarks Have Potential for “Widespread Failings”

By ESG Investor | 23/03/2023

Following a review of ESG benchmarks, the FCA warned that poor-quality disclosures about methodologies and thresholds could contribute to greenwashing.

ESG / Sustainability

StoneX, ACX Launch US Digital Carbon Marketplace

By ESG Investor | 23/03/2023

Financial services firm StoneX and Singapore-based AirCarbon Exchange have signed an agreement to create a US-based digital carbon marketplace.