ESG / Sustainability

    ESG / Sustainability

    Japan Publishes Results of Climate Scenario Analysis Exercise

    By Editors | 29/08/2022

    The results highlight a need for banks to use common assumptions within their models, refine their analysis of individual companies, and enhance their methodologies.

    Securities / Derivatives

    ICE to Launch UK Carbon Allowance Options in October

    By Editors | 28/08/2022

    UK Carbon Options will provide a new tool for managing carbon emissions price risk, building upon the launch of UK carbon allowance futures in May 2021.

    ESG / Sustainability

    Global Banks Worry of Extraterritoriality in EU’s CSRD – Report

    By Editors | 28/08/2022

    CSRD is “off-putting” for banks’ clients, as it would subject foreign companies to the full set of rules if they list even a single instrument in the EU.

    ESG / Sustainability

    CSRC Directs Stock Exchanges to Amend Green Bond Rules

    By Editors | 26/08/2022

    The rule changes would require green bond issuers use 100 percent of proceeds on green projects, compared to 70 percent currently.

    ESG / Sustainability

    RBA Calls on FIs to ‘Act Now’ to Address Climate Risk

    By Manesh Samtani | 25/08/2022

    All insurers, banks and super fund trustees face liability risk if they do not disclose, address and manage the effects of climate change sufficiently.

    ESG / Sustainability

    BOT Outlines Plans to Promote Environmental Sustainability

    By Manesh Samtani | 24/08/2022

    The plans include new guidelines for banks, new data platforms, a new taxonomy, and other capacity-building initiatives.

    ESG / Sustainability

    Malaysia SC Expands SRI Sukuk and Bond Grant Scheme

    By Editors | 24/08/2022

    The grant scheme, designed to help defray external review costs, is being extended to cover SRI-linked sukuk issued under the SC’s new framework.

    Market Infrastructure

    ESMA Calls for Relaxation of BMR Third-country Regime

    By Manesh Samtani | 23/08/2022

    The current regime could impair the competitiveness of EU investors and, more generally, the EU financial market when the transitional period expires.

    ESG / Sustainability

    IMF Issues Staff Note on Mobilising Climate Finance

    By Editors | 23/08/2022

    The IMF staff note explores the factors that limit climate finance and what policymakers can do to address them, particularly in emerging market and developing economies.

    ESG / Sustainability

    China Sets Out Plans to Create National Carbon Accounting System

    By Darien Choong | 22/08/2022

    A unified and standardised carbon emission statistical and accounting system will be established by 2023 and gradually improved until 2025.

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