ESG / Sustainability

ESG / Sustainability

US SEC Overhauls 2020 Proxy Rules

By ESG Investor | 14/07/2022

SEC Commissioner Allison Herren Lee said the amendments are “bettered tailored” to balance the needs of investors.

Crypto / Digital Assets

FSB Updates G20 on Covid-19, Climate, Crypto Work

By Editors | 13/07/2022

Accompanying the letter to the G20 is a report on exit strategies to address COVID-19 scarring in the financial sector, and a statement on crypto-asset regulation.

ESG / Sustainability

Taiwan Calls on Insurers to Invest in Six Strategic Industries

By Darien Choong | 12/07/2022

Four insurers will be awarded incentives based on their investment performance in each of three phases running until 30 June 2025.

ESG / Sustainability

Bangladesh Infrastructure Loans to Require E&S Assessments

By Editors | 11/07/2022

Environmental and social impact assessments will have to be arranged by borrowers and submitted with their loan applications.

Capital / Liquidity

ECB Climate Stress Test Finds Bank Practices Lacking

By Editors | 11/07/2022

60% of banks don’t have a climate risk stress testing framework. Only 20% of banks consider climate risk when granting loans.

ESG / Sustainability

Taiwan to Streamline Identity Checks for Cross-border Remittances

By Darien Choong | 10/07/2022

The customer identity verification process for regular and reasonable cross border remittances can be further streamlined, the FSC said.

ESG / Sustainability

NGFS Issues Final Report on Bridging Climate-related Data Gaps

By Sanday Chongo Kabange | 08/07/2022

The largest gaps are for biophysical impact, emissions and geospatial data types, which affect use cases such as investment and lending decisions and exposure quantification.

ESG / Sustainability

HKEX Announces New Collaboration to Develop Carbon Market

By Manesh Samtani | 06/07/2022

HSBC, Standard Chartered, BNP Paribas, ANZ, ICBC, Bank of China and others will sit on a new council to help develop a Hong Kong-based international carbon market.

ESG / Sustainability

ECB Makes “Groundbreaking” Shift on Climate

By ESG Investor | 05/07/2022

The ECB will introduce gradual limits on the use of bonds issued by companies with high carbon footprints.