ESG / SUSTAINABILITY

ESG / Sustainability

FSC Korea Unveils New Set of Measures to Boost Climate Finance

By Mark Johnston | 21/03/2024

FIs will channel KRW 452 trillion into climate initiatives and the Ministry of Environment will take additional steps to promote green investment.

ESG / Sustainability

ACMF Progresses Work on Sustainable Capital Markets Roadmap

By Ranamita Chakraborty | 20/03/2024

About 90% of the Roadmap will be complete within this year. A key achievement has been the development of Version 2 of the ASEAN Taxonomy for Sustainable Finance.

ESG / Sustainability

ASIC to Develop Climate Reporting Guidance for Small Businesses

By Manesh Samtani | 20/03/2024

Scope 3 requirements for larger businesses mean small businesses may come into scope, even if they do not have direct climate reporting obligations.

ESG / Sustainability

EU Corporate Sustainability Due Diligence Directive Passes Key Committee

By Editors | 20/03/2024

Compared to the initial proposal, the number of companies in scope has been scaled back, and the financial industry is excluded, among other changes.

ESG / Sustainability

Charting a New Course for Climate Risk Management

By Ranamita Chakraborty | 20/03/2024

The BCBS’ proposed Pillar 3 disclosure framework for climate-related financial risks highlights the need for broader consensus on such issues.

ESG / Sustainability

BIS Demonstrates the Use of GenAI in Climate Risk Analysis

By Manesh Samtani | 20/03/2024

Project Gaia delivered a platform that can extract data from corporate climate-related disclosures and generate harmonised metrics, despite differences in disclosure frameworks.

ESG / Sustainability

UNDP, MAS, GLEIF Launch Whitepaper on Project Savannah

By Ranamita Chakraborty | 18/03/2024

The whitepaper details Project Savannah’s goals and strategy for empowering MSMEs in sustainability reporting through three key pillars.

ESG / Sustainability

BIS Project to Address Scarcity of Scope 3 Data

By Manesh Samtani | 15/03/2024

Project Symbiosis aims to address the lack of comprehensive emissions data from SMEs that are part of larger supply chains.

ESG / Sustainability

Net-Zero Banking Alliance Issues Revised Guidelines

By Ranamita Chakraborty | 15/03/2024

The revised guidelines require NZBA members to set climate targets for their capital markets activities for the first time.