ESG / Sustainability

Big Picture

Leading Banks Fail to Account for Climate in Financial Statements

By ESG Investor | 27/04/2022

KPMG analysis finds most major banks and auditors are not yet focused on climate-related reporting.

ESG / Sustainability

China Plans to Adopt ISSB Sustainability Reporting Standards

By Darien Choong | 27/04/2022

The CSRC is currently asking A-share companies to disclose their ESG information on a voluntary basis, but in time they will be required to adopt international standards.

ESG / Sustainability

IIGCC Launches New Investor Climate Engagement Toolkit

By ESG Investor | 26/04/2022

Stewardship and corporate engagement are “vital levers” to ensure companies meet decarbonisation targets, says IIGCC CEO.

ESG / Sustainability

Malaysia to Enhance Governance at State-backed Investment Firms

By Mark Johnston | 24/04/2022

Among other things, the PGG recommends that female directors comprise a minimum 30 percent of a GLIC’s board.

ESG / Sustainability

Sri Lanka Must Provide ‘Adequate Assurances’ for IMF Assistance

By Duruthu E Chandrasekera | 22/04/2022

The UNDP says Sri Lanka should introduce a temporary basic income and negotiate “debt-for-nature” swaps. The stock market has been closed all week.

ESG / Sustainability

UK FCA Finalises Rules on Board Diversity Disclosure, Targets

By Editors | 21/04/2022

At least 40 percent of the board, and at least one senior position, should be held by women. Disclosures requirements apply for accounting periods starting 1 April 2022.

Crypto / Digital Assets

Asset Managers Should Put Customers at Heart: SGX

By Manesh Samtani | 21/04/2022

At the IMAS Digital Summit 2022, SGX CEO Loh Boon Chye discussed the exchange’s approach to digital assets and technology adoption.

ESG / Sustainability

IMF Creates New Loan-Based Resilience and Sustainability Trust

By Sanday Chongo Kabange | 21/04/2022

The IMF’s new loan-based trust seeks to help lower middle-income countries deal with external shocks like climate change and pandemics.

ESG / Sustainability

ABS Launches Environmental Risk Questionnaire for Banks

By Editors | 21/04/2022

The ABS has launched an industry standard template to help banks engage corporate clients in the assessment and mitigation of environmental risk issues.