ESG / Sustainability

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.

ESG / Sustainability

SET Launches ESG Development Services for Listed Companies

By Editors | 28/09/2020

The sustainability-related data and services are being provided through SETLink, the SET’s online information disclosure platform.

ESG / Sustainability

Taiwan FSC Outlines Plans for Capital Market Development

By Sanday Chongo Kabange | 26/09/2020

A 3-year roadmap to be unveiled by year-end includes plans to set up central clearing for OTC derivatives, and improve convenience and efficiency for foreign investors.

ESG / Sustainability

WEF Announces Common Metrics for ESG Reporting

By Editors | 24/09/2020

The metrics were developed with Deloitte, EY, KPMG and PwC in an open consultation process with corporates, investors, standard-setters, NGOs and international organisations.

ESG / Sustainability

Korea FSS Calls on Financial Sector to Disclose Climate Risks

By Editors | 24/09/2020

The FSS plans to release guidelines on the disclosure of environmental information and develop a tool to stress test financial resilience to climate risk.

ESG / Sustainability

EBA Seeks Input from Banks on ESG Risk Disclosure Practices

By Editors | 23/09/2020

The survey will support the EBA’s policy work on Pillar 3 disclosure and its wider efforts to develop a robust policy framework in the area of sustainable finance.

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.