ESG / Sustainability

ESG / Sustainability

ICMA Offers Impact Reporting Guidance for Social Bonds

By Editors | 28/09/2024

The handbook offers impact reporting metrics for affordable housing. Future iterations will cover other social bond project categories.

ESG / Sustainability

Korea FSC Unveils Preliminary Feedback on ESG Disclosure Standards

By Manesh Samtani | 27/09/2024

91% of businesses agreed on the need for climate disclosures, with companies increasingly aware of climate impacts on their operations.

ESG / Sustainability

New Zealand Considers Ways to Ease Climate Reporting Burden

By Mark Johnston | 26/09/2024

The XRB is considering easing certain disclosure and assurance requirements to allow time for improvements in data availability and quality.

ESG / Sustainability

Malaysia SC Launches Sustainability Reporting Framework

By Nithya Subramanian | 26/09/2024

Bursa Malaysia has also opened a consultation on proposed enhancements to its sustainability reporting requirements.

Enforcement

ECB Start Penalising Banks for Slow Progress on Climate Risk

By Mark Johnston | 26/09/2024

The ECB has begun issuing fines to banks that fail to meet its expectations on climate risk management.

Capital / Liquidity

BCBS Advances Follow-up Response to 2023 Banking Turmoil

By Editors | 25/09/2024

The BCBS has finalised a new report on the lessons learned from the 2023 banking turmoil, focusing on liquidity risk. The report will be published next month.

Enforcement

Australian Court Orders Vanguard to Pay Record Greenwashing Fine

By Sanday Chongo Kabange | 25/09/2024

The court ordered Vanguard to pay A$12.9mn for making false or misleading representations about its ESG exclusionary screens.

ESG / Sustainability

RIAA Launches Investor Toolkit on Nature-related Risks

By ESG Investor | 25/09/2024

The Nature Investor Toolkit, supported by ISS ESG and Pollination, aimes to help investors identify and assess nature-related risks and opportunities.

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.