ESG / SUSTAINABILITY

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.

ESG / Sustainability

Malaysia: BCX Starts Trading Gold Standard Carbon Credits

By Editors | 13/12/2024

Bursa Malaysia said the milestone follows the signing of an MoU with Gold Standard at COP28 in Dubai last year.

ESG / Sustainability

Korea Establishes New Guidelines on Green Finance

By Editors | 13/12/2024

The guidelines are not mandatory, but regulators will encourage FIs to apply them on a voluntary basis to facilitate a seamless supply of green finance.

ESG / Sustainability

Bursa Malaysia Lists World’s First ETF With Waqf Feature

By Editors | 13/12/2024

The listing comes after Bursa Malaysia enhanced its listing requirements in March last year to facilitate listings of ETFs with Waqf features.

ESG / Sustainability

APRA Publishes Details on Insurance Climate Vulnerability Assessment

By Thisanka Siripala | 11/12/2024

APRA said the insurance CVA will model insurance affordability at Australia’s five largest general insurers based on three climate scenarios.

ESG / Sustainability

Hong Kong Launches Sustainability Disclosure Roadmap

By Sanday Chongo Kabange | 11/12/2024

Large publicly accountable entities including financial institutions will be required to fully adopt the ISSB standards by 2028.

ESG / Sustainability

Goldman Sachs Withdraws from Net-Zero Banking Alliance

By Thisanka Siripala | 11/12/2024

The bank said it will continue to advance its net zero goals and that its priorities remain to help clients achieve their sustainability goals.

ESG / Sustainability

PCAF to Refine Methodologies for Reporting Financed Emissions

By ESG Investor | 08/12/2024

PCAF is consulting until 28 February 2025 on new methodologies for the global GHG accounting and reporting standard.