ESG / Sustainability

ESG / Sustainability

SGX to Migrate MSCI Taiwan Contracts to FTSE Early

By Manesh Samtani | 07/10/2020

The move is reportedly aimed at avoiding potential operational issues as market uncertainty persists into the end of the year.

ESG / Sustainability

Singapore Banks to Develop Trade Finance Registry to Combat Fraud

By Manesh Samtani | 06/10/2020

DBS and StanChart are leading a project to develop a central registry which will prevent borrowers from using the same collateral to secure loans with multiple banks.

ESG / Sustainability

Science-based Targets Launched for Finance

By ESG Investor | 06/10/2020

Mark Carney hints at a COP 26 role for the Science Based Targets initiative as a TCFD pathway for the finance sector.

ESG / Sustainability

MAS Announces Extension of Credit Support Measures into 2021

By Editors | 05/10/2020

The extended measures allow relief for individuals and SMEs to progressively expire over 2021, while also encouraging the resumption of loan repayments.

ESG / Sustainability

Singapore Continues to Grow as Asia Pacific Gateway: MAS

By Manesh Samtani | 04/10/2020

As of mid-September, 120 VCCs have registered in Singapore, on top of 15.7% year-on-year growth in total AUM recorded at the end of 2019.

ESG / Sustainability

IFRS Foundation Consults on Role in Global Sustainability Standards

By Editors | 02/10/2020

One possible option is for the IFRS Foundation to establish a new sustainability standards board, operating alongside the IASB, focusing initially on climate-related matters.

ESG / Sustainability

HKMA Pushes Forward Green & Sustainable Banking Initiatives

By Manesh Samtani | 01/10/2020

A pilot climate stress testing exercise involving Hong Kong banks will commence early next year. A local green taxonomy is under development.

ESG / Sustainability

First Chinese Sustainability Bond on Display at LuxSE’s Green Exchange

By Editors | 01/10/2020

The new $300mn issuance on display at LGX makes China Merchants Bank the first Chinese commercial bank to issue a sustainability bond.

ESG / Sustainability

New Guidance on Integrating Climate Change in Investment Process

By Editors | 28/09/2020

CFA Institute says 75% of global C-level executives in the investment industry believe climate change is important, but only 40% incorporate it in their investment process.