ESG / Sustainability

ESG / Sustainability

Japan FSA Issues Draft Supervisory Guidelines for ESG Funds

By Editors | 21/12/2022

The FSA issued draft guidelines outlining the checks that will be performed by supervisors to ensure ESG investment trusts are true-to-label.

Crypto / Digital Assets

Indonesian Lawmakers Pass Major Financial Sector Reforms

By Editors | 20/12/2022

The legislation changes the central bank’s mandate, shifts crypto sector oversight to OJK, makes a digital rupiah legal tender, and introduces a carbon trading framework.

ESG / Sustainability

Nature is Integral to Sustainability Reporting – ISSB

By ESG Investor | 20/12/2022

ISSB disclosure rules will reflect the connection between climate and nature, Chair Emmanuel Faber said at COP15 on Finance and Biodiversity Day.

ESG / Sustainability

Korea Establishes New Sustainability Standards Board Under KASB

By Manesh Samtani | 20/12/2022

The Korea Sustainability Standards Board will participate in international discussions and develop a new ESG disclosure system to be used domestically.

ESG / Sustainability

Bangladesh Launches New Refinance Scheme for Green Industrialisation

By Editors | 19/12/2022

Banks can borrow at 1% and on-lend the funds at 5%, to help borrowers finance new capital machinery and other equipment required for green industrialisation.

ESG / Sustainability

Malaysia Publishes ‘Climate Data Catalogue’, Identifies Data Gaps

By Editors | 19/12/2022

Malaysia’s JC3 says the data catalogue “represents a call to action” for stakeholders to collectively improve the availability and accessibility of climate data.

ESG / Sustainability

Japan Finalises Code of Conduct for ESG Data Providers

By Manesh Samtani | 19/12/2022

The FSA is now calling on ESG evaluation and data providers to endorse the code of conduct, publish it on their websites, and notify the regulator.

AML / KYC

Weak Environmental Crimes Law a Risk to Investors

By ESG Investor | 19/12/2022

European Council’s position on the revised Environmental Crime Directive will damage portfolios as well as the environment, says WWF.

ESG / Sustainability

ISSB Introduces Scope 3 Disclosure Guidance

By ESG Investor | 18/12/2022

A temporary exemption from Scope 3 disclosures will be granted for the first 12 months after the ISSB standards are finalised to give companies more time to prepare.