ESG / SUSTAINABILITY

ESG / Sustainability

China Finalises Sustainability Disclosures Standards for Enterprises

By Manesh Samtani | 27/12/2024

The so-called ‘Basic Standards’, designed to align with IFRS S1, will initially be implemented by enterprises on a voluntary basis.

ESG / Sustainability

HKEX Will Adopt Changes to Corporate Governance Code

By Manesh Samtani | 26/12/2024

HKEX will cap the number of board seats that INEDs can hold at six and limit the duration of their tenure to nine years.

Securities / Derivatives

Bursa Malaysia Amends Listing Rules to Integrate ISSB Standards

By Editors | 24/12/2024

Large issuers must use the ISSB Standards for their sustainability disclosures starting with the 1 January 2025 annual reporting period.

Enforcement

Bank Indonesia Under Investigation by Anti Corruption Agency

By Editors | 23/12/2024

KPK searched several rooms at Bank Indonesia including the governor’s office. A search operation was also conducted at OJK.

ESG / Sustainability

HKEX Welcomes Large Carbon Credit Transaction by Cathay Pacific

By Sanday Chongo Kabange | 20/12/2024

Christopher Hui said the transaction sets a benchmark example for more transactions on HKEX’s Core Climate platform to follow.

ESG / Sustainability

IOSCO Launches Global Network to Support ISSB Standards Adoption

By Manesh Samtani | 20/12/2024

IOSCO members from 31 jurisdictions have joined the network, which will support capacity-building efforts mostly in emerging markets.

ESG / Sustainability

ACCC Issues Final Guidance on Sustainability Collaborations

By Sanday Chongo Kabange | 19/12/2024

The guide informs businesses and other entities about the interaction between Australian competition law and sustainability collaborations.

Enforcement

New Zealand FMA Censures Pathfinder for Misleading Representations

By Sanday Chongo Kabange | 18/12/2024

The FMA said Pathfinder Asset Management should have included information in social media ads about exceptions permitted by its ethical investment policy

ESG / Sustainability

HKMA Issues New Guidance for Banks on Transition Planning

By Manesh Samtani | 17/12/2024

The guidance covers governance, implementation strategy, engagement strategy, metrics and targets, data collection, scenario analysis, and disclosure/communication.