ESG / Sustainability

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.

ESG / Sustainability

HKMA, DFSA to Deepen Collaboration on Sustainable Finance

By Sanday Chongo Kabange | 17/09/2024

The HKMA and DFSA signed an MoU to deepen cross-border dialogue, information exchange and joint research on sustainable finance.

ESG / Sustainability

New Zealand FMA Calls For Better Ethical Investing Disclosures

By Thisanka Siripala | 13/09/2024

The FMA says it may pursue regulatory action for misleading or deceptive conduct, advertising or disclosures regarding ethical investments.

ESG / Sustainability

Korean Firms Unprepared for Anti-Greenwashing Rules – Report

By Thisanka Siripala | 12/09/2024

A survey found that businesses lack executive awareness, expertise, and resources to address greenwashing regulations.

ESG / Sustainability

Australian Parliament Passes Climate Disclosures Legislation

By Manesh Samtani | 11/09/2024

Climate-related disclosures will be mandatory for all public companies and large proprietary companies starting in January 2025.