ESG / SUSTAINABILITY

ESG / Sustainability

Singapore Financial Industry Bodies Sign MOU on Skills Development

By Editors | 21/08/2024

Seven associations including IMAS and ABS signed an MOU with IBF and NTUC to promote the adoption of Financial Sector Job Transformation Maps.

Securities / Derivatives

SEBI to Expand Scope of Sustainable Finance Framework

By Ajoy K Das | 21/08/2024

A new category of financial instruments, ‘ESG Debt Securities’, will comprise green bonds, social bonds, sustainable bonds and SLBs.

Capital / Liquidity

IIGCC: Climate Physical Risk Tool Is Game Changer

By ESG Investor | 20/08/2024

A new methodology allows investors to evaluate and report on the physical risk climate change poses to their real assets.

AML / KYC

China, US Exchange Letters of Cooperation on Financial Stability

By Editors | 20/08/2024

PBOC and US Treasury officials agreed to strengthen information sharing and coordinate in times of financial stress and operational resilience issues.

ESG / Sustainability

Major Banks Off-track on Climate: World Resources Institute

By ESG Investor | 19/08/2024

16 of 25 banks assessed have committed to coal financing phase-out by 2040 or earlier, but they are not all taking the necessary steps to get there.

ESG / Sustainability

BSP Calls on Lenders to Do More to Support Climate Action

By Sanday Chongo Kabange | 19/08/2024

The BSP said green finance “has yet to fully take off” and that lenders need to do more to support climate action efforts of enterprises and households.

Securities / Derivatives

GIFT City to Commence Sovereign Green Bond Trading “Very Soon”

By Ajoy K Das | 16/08/2024

RBI governor said sovereign green bond trading will be operationalised in GIFT City “very soon”, likely in the second half of the current fiscal year.

ESG / Sustainability

SFIA Collaborates with STACS ESGpedia on Regional ESG Reporting

By Ranamita Chakraborty | 15/08/2024

SFIA appointed STACS ESGpedia as the official technology partner for the SAFE initiative, enhancing tools for corporates in ESG reporting.

Big Picture

Mekong Club Calls on FIs to Bolster Efforts Against Modern Slavery

By Nithya Subramanian | 13/08/2024

Mekong Club published a new report offering recommendations, typologies and indicators to help FIs address modern slavery risks.