ESG / Sustainability

ESG / Sustainability

New Zealand FMA Calls for Better Ethical Investment Disclosures

By Thisanka Siripala | 23/09/2024

The FMA will take regulatory action if fund managers make misleading claims about the ethical or environmental impacts of investment products.

ESG / Sustainability

Japan to Loosen Rules on Bank Investment in Green Projects

By Thisanka Siripala | 23/09/2024

Proposed draft legislation will ease restrictions on bank investments in Green Transformation (GX) related companies.

ESG / Sustainability

SGX RegCo Mandates ISSB Aligned Climate Disclosures by 2025

By Nithya Subramanian | 23/09/2024

All listed companies will have to report Scope 1 and 2 emissions and incorporate the ISSB’s climate-related disclosure standards.

ESG / Sustainability

CFTC Finalises Guidance for Listing Carbon Credit Derivatives

By Editors | 23/09/2024

The CFTC said the guidance will help to promote standardisation of VCC derivative products in a manner that “promotes transparency and liquidity”.

ESG / Sustainability

ASIC Urges Businesses to Prepare for Climate Disclosure Regime

By Thisanka Siripala | 23/09/2024

ASIC will take a “proportional and pragmatic approach to supervision and enforcement” as the industry adjusts to the new requirements.

ESG / Sustainability

SBTi Net Zero Standard to Boost Banks’ Transition

By ESG Investor | 20/09/2024

New framework will increase expectations on deforestation and fossil fuels while raising climate-related ambition of financial institutions.

ESG / Sustainability

HKICPA Consults on Exposure Drafts to Adopt ISSB Standards

By Manesh Samtani | 19/09/2024

The exposure drafts are open for consultation until 27 October. The standards will be finalised by end 2024 and take effect on 1 August 2025.

ESG / Sustainability

US SEC Has Disbanded Enforcement Division’s ESG Task Force

By Nithya Subramanian | 18/09/2024

The SEC shut down the task force following increasing anti-ESG backlash from companies, investors, state officials and courts.

ESG / Sustainability

Bursa Carbon Exchange Starts Continuous Trading of RECs

By Nithya Subramanian | 18/09/2024

Bursa Malaysia CEO says continuous trading of RECs makes renewable energy projects more financially viable and attractive to investors.