ESG / SUSTAINABILITY

Big Picture

A New Zero Tolerance Era for ESG Reporting

By Editors | 22/09/2020

As nations across the globe come to terms with understanding and tackling climate change, mandatory reporting of such risks across capital markets could well become the norm.

ESG / Sustainability

Malaysian FIs to Pilot Implementation of Climate Risk Taxonomy

By Manesh Samtani | 16/09/2020

This month, 12 financial institutions will commence a pilot to implement a principles-based taxonomy for classifying climate risk, one of a number of initiatives to build climate resilience.

ESG / Sustainability

Singapore Fund Industry to Collaborate to Address Skills Gap

By Sanday Chongo Kabange | 16/09/2020

The first phase of the initiative will equip asset management trainees with foundation skills as well as future-ready skills in fintech, impact investing and ESG.

Market Infrastructure

Data Governance: Avoid the Damage of Data Restriction

By Julia Walker | 16/09/2020

Everledger’s Leanne Kemp and Refinitiv’s Julia Walker set out the urgent case for cross-border data flow, including to channel finance to sustainable investments.

ESG / Sustainability

New Zealand to Introduce Mandatory Climate Risk Reporting

By Manesh Samtani | 15/09/2020

If approved by Parliament, the new comply-or-explain climate risk disclosure regime could come into effect in 2023 at the earliest.

Market Infrastructure

Standard-setters Kick Off Initiative to Harmonise Sustainability Reporting

By Editors | 13/09/2020

The IFRS Foundation is proposed as the body that is “optimally positioned” to lead and coordinate the creation of a new sustainability standards board.

ESG / Sustainability

NGFS Seeks Wider Adoption of Environmental Risk Analysis at FIs

By Editors | 10/09/2020

The NGFS is calling for wider use of ERA in the financial industry, offering case studies to showcase the adoption of ERA tools and methodologies by some FIs.

ESG / Sustainability

CFTC Report Warns of Systemic Risks from Climate Change

By Manesh Samtani | 10/09/2020

The report calls on financial regulators to move “urgently and decisively” to measure, understand, and address the risks climate change poses to the US financial system.

ESG / Sustainability

IOSCO to Harmonise Global ESG Disclosure Frameworks – Report

By Editors | 10/09/2020

A new IOSCO taskforce will work to identify commonalities across sustainability disclosure standards from across the world to develop principles-based guidelines.