ESG / Sustainability

Big Picture

Asian Investors Raise the Bar on Gender Diversity: ASIFMA

By ESG Investor | 06/12/2022

ASIFMA has published guidance on investors’ expectations on gender diversity to support understanding, engagement and disclosures among issuers.

ESG / Sustainability

Fed Board Proposes Climate Risk Framework for Large US Banks

By Editors | 06/12/2022

One governor said he disagrees with the premise that climate change poses a serious risk to large banks and US financial stability because stress tests show the banks are resilient.

ESG / Sustainability

Bursa Malaysia Publish Digitalisation, Nation Building Guidance for PLCs

By Editors | 06/12/2022

Five digital guidebooks have now been published under the PLC Transformation programme, to help deliver sustainable and robust financial performance from listed companies.

ESG / Sustainability

GRI Consults on Biodiversity Disclosure Standard

By ESG Investor | 06/12/2022

The revised GRI Biodiversity Standard will be used to inform the CDP disclosure platform, and the TNFD disclosure framework for nature-related risks.

ESG / Sustainability

BNM Finalises New Requirements on Climate Risk Management

By Sanday Chongo Kabange | 05/12/2022

Governance, strategy, risk appetite and risk management requirements take effect on 31 Dec 2023; and scenario analysis and disclosure requirements one year later.

AML / KYC

Swimming in Dirty Money: It’s Time to Dive Below the Surface

By Tom Keatinge | 05/12/2022

The failure to address the illicit finance in illegal, unreported and unregulated fishing is a glaring omission, says RUSI’s Tom Keatinge.

ESG / Sustainability

Florida to Divest $2bn from BlackRock Over ESG Objections

By Editors | 05/12/2022

Florida CFO Jimmy Patronis describes BlackRock’s ESG strategy as a “social-engineering project” that has “nothing to do with maximizing returns”.

ESG / Sustainability

The Legal and Regulatory Risks of ESG “Greenwashing” in Hong Kong

By Stephanie Tsui | 02/12/2022

Stephanie Tsui and Mark Lin at Hogan Lovells discuss the legal framework and tools available in Hong Kong to combat greenwashing behaviour.

ESG / Sustainability

ASIC Fines Vanguard Australia for ‘Greenwashing’ in Funds

By Editors | 02/12/2022

Vanguard’s exclusion was meant to prevent investment in companies that sell tobacco products, but its screen only excluded manufacturers and not sellers.