ESG / SUSTAINABILITY

ESG / Sustainability

Bank of Ayudhya Launches “Sustainable Deposit” Accounts

By Editors | 09/03/2024

Bank of Ayudhya is the first in Thailand to launch a term-deposit product that supports social and sustainable projects.

ESG / Sustainability

Korea to Launch Carbon-linked ETNs for Retail Investors

By Editors | 08/03/2024

Korea’s Ministry of Environment, KRX and local securities firms are working to launch ETNs linked to carbon allowances by August this year.

ESG / Sustainability

UK to Start Regulating ESG Ratings Later This Year

By ESG Investor | 08/03/2024

Budget statement confirms that the UK will regulate ESG ratings, with full consultation and legislative steps due to be announced later this year.

ESG / Sustainability

US SEC Adopts Mandatory Climate Disclosure Rules

By Manesh Samtani | 07/03/2024

The final rules allow large companies to report Scope 1 and 2 emissions only if they are material, and remove requirements to also disclose Scope 3 emissions.

ESG / Sustainability

Too Much Leeway Offered by Updated ASEAN Taxonomy

By ESG Investor | 07/03/2024

Second version of the voluntary guidance limits utility to investors by allowing companies and countries to “pick and choose”.

ESG / Sustainability

RBNZ Considers Ways to Build Climate Risk into Credit Risk Weights

By Sanday Chongo Kabange | 07/03/2024

When considering any future changes to the approach to setting risk weights, the RBNZ will ensure they are data-driven and explicitly linked to financial risk.

ESG / Sustainability

SGX RegCo Consults On Integrating ISSB Standards Into Listing Rules

By Nithya Subramanian | 07/03/2024

SGX RegCo proposes to make it mandatory for listed companies to report on sustainability, compared to the current “comply or explain” approach.

ESG / Sustainability

Taiwan to Help Eswatini Establish Carbon Exchange

By Sanday Chongo Kabange | 07/03/2024

The TWSE and TCX signed MoUs with the Eswatini Stock Exchange to enhance cooperation including in carbon credit business.

ESG / Sustainability

Philippine SEC Adopts Sustainable Finance Taxonomy

By Sanday Chongo Kabange | 06/03/2024

The SEC said issuers of securities should refer to the taxonomy when making investment decisions or designing sustainable financial products and services.