ESG / Sustainability

Market Infrastructure

NGFS Forms New Task Force to Address Nature-related Risks

By Manesh Samtani | 28/03/2022

The extent and severity of the physical and transition risks linked to biodiversity loss will be more difficult for the financial industry to assess than for climate change.

Securities / Derivatives

Climate Impact X, Carbonplace Partner on Carbon Credit Trading

By Editors | 28/03/2022

The pilot will establish a framework for executing carbon credit transactions via Climate Impact X’s marketplace, with Carbonplace performing all settlements.

ESG / Sustainability

IFRS Foundation, GRI to Align Sustainability Reporting Work

By Editors | 24/03/2022

The ISSB under the IFRS Foundation will publish proposed Climate and General Sustainability-related Disclosure requirements next week.

ESG / Sustainability

HKEX, CEEX to Cooperate on GBA Carbon Market Initiatives

By Editors | 24/03/2022

HKEX and Guangzhou-based China Emissions Exchange will jointly explore the development of a voluntary carbon emission reduction programme in the GBA.

ESG / Sustainability

Bursa Malaysia to Enhance Sustainability Reporting Framework

By Manesh Samtani | 24/03/2022

Listed issuers will be required to disclose prescribed “common sustainability matters” and indicators and provide TCFD-aligned climate change related disclosures.

ESG / Sustainability

US Climate Reporting Framework “Strikes a Good Balance”

By ESG Investor | 23/03/2022

The framework has been welcomed by investors, though Commissioner Hester Peirce warned it will undermine the existing regulatory framework.

ESG / Sustainability

HKEX Lists Hong Kong’s First Carbon Futures ETF

By Editors | 23/03/2022

The ETF, managed by CICC’s Hong Kong asset management unit, tracks the performance of a long-only basket of European Union Allowance futures contracts.

ESG / Sustainability

US SEC Proposes to Phase In Mandatory Climate Disclosures

By Manesh Samtani | 22/03/2022

The SEC proposes that the first climate-related disclosures would be made by larger companies in 2024, for the fiscal year 2023.

ESG / Sustainability

MAS, CDP Partner to Enhance Access to Quality ESG Data

By Editors | 20/03/2022

MAS and CDP will collaborate to explore the exchange of information between CDP’s disclosure system and MAS’ Project Greenprint.