ESG / SUSTAINABILITY

ESG / Sustainability

HK to Enhance Mainland Connection via Stock Connect, Carbon Market

By Sanday Chongo Kabange | 15/12/2021

The SFC is seeking to align Hong Kong’s trading days with the mainland, add more securities to Stock Connect, and establish a cross-border carbon market.

Securities / Derivatives

SGX Unveils Roadmap for Mandatory TCFD-aligned Disclosures

By Manesh Samtani | 15/12/2021

Mandatory climate reporting will be required by listed FIs from financial year 2023. Board diversity policies have to be disclosed in annual reports.

ESG / Sustainability

BOJ to Assess Market Functioning in Relation to Climate

By Editors | 14/12/2021

The BOJ will gather stakeholder views on how climate-related risks and opportunities are reflected in stock and bond prices and how to develop the ESG bond market.

ESG / Sustainability

Bangko Sentral’s ‘Deliberate Approach’ to Sustainable Finance

By Mark Johnston | 14/12/2021

Deputy governor Chuchi Fonacier explains the BSP’s policy approach to sustainability, highlighting the central bank’s role as an ‘enabler’, ‘mobiliser’ and ‘doer’.

ESG / Sustainability

Thai SEC Consults on Disclosure Guidance for SRI Funds

By Editors | 13/12/2021

Disclosures should include an investment strategy that details the securities analysis and selection process and investment benchmarks used.

ESG / Sustainability

HK Bourse Finalises New Rules on Governance, Board Diversity

By Editors | 13/12/2021

Amended corporate governance code and listing rules will require firms to ensure board independence, refreshment, and diversity from 1 January 2022.

ESG / Sustainability

Malaysia to Introduce Mandatory TCFD-aligned Disclosures for FIs

By Editors | 13/12/2021

Guidance on climate risk management, scenario analysis and disclosures will be issued for consultation. Specialised training will be introduced in 2022.

ESG / Sustainability

PBOC Reiterates Commitment to Hong Kong Financial Centre

By Sanday Chongo Kabange | 13/12/2021

Key areas of collaboration to enhance Hong Kong’s roles as an international financial centre include CBDC, regtech, green finance development.

ESG / Sustainability

Japan Unlikely to Issue Sovereign ESG Bonds in the Near Future

By Sanday Chongo Kabange | 13/12/2021

Issuing ESG bonds separately from conventional JGBs could make the process of borrowing money less efficient, said finance ministry official Masato Kanda.