ESG / SUSTAINABILITY

ESG / Sustainability

Treasury, Other US Agencies Release Climate Action Plans

By Editors | 11/10/2021

The plan outline the steps the agencies will take to ensure their facilities and operations adapt to and are increasingly resilient to climate change impacts.

Big Picture

Whole Financial System Needs to Work Against Biodiversity Risk

By ESG Investor | 11/10/2021

NGFS-INSPIRE Study Group outlines data, analytics challenges for central banks and financial supervisors.

ESG / Sustainability

Japan FSA to Mandate Climate Disclosures from April 2022 – Report

By Ranamita Chakraborty | 11/10/2021

Companies listed on the TSE’s ‘Prime’ market will be required to comply with mandatory climate risk disclosure requirements first.

ESG / Sustainability

OJK Indonesia Establishes New Sustainable Finance Task Force

By Ranamita Chakraborty | 10/10/2021

The task force comprises 47 financial institutions including banks, securities firms, insurers, pension funds and financiers.

ESG / Sustainability

Action Needed to Scale Up ESG Investing, say IMF, OECD

By ESG Investor | 07/10/2021

The IMF, World Bank and OECD are working on classification systems to harmonise and support the development of sustainable finance markets.

Market Infrastructure

GRI Puts Human Rights at Heart of New Standards

By ESG Investor | 06/10/2021

Sustainability reporting body provides greater clarity on materiality, launches sector-specific standards, strengthens the governance disclosures.

Capital / Liquidity

Derivatives Are “Essential” to Carbon Markets: ISDA

By Editors | 06/10/2021

Regulatory action is needed to address disproportionately high capital requirements that would be imposed on carbon certificates by FRTB.

Big Picture

IAIS Warns of Climate Risks Faced by Insurance Sector

By Ranamita Chakraborty | 06/10/2021

The IAIS estimates more than 35 percent of insurers’ investment assets are “climate-relevant”, i.e. exposed to climate risks.

AML / KYC

ESG Due Diligence: Setting a High Water Mark

By Manesh Samtani | 05/10/2021

Refinitiv’s Wendy De Cruz talks to Regulation Asia about new supply chain laws reshaping industries and the challenges FIs face in enhancing due diligence practices.