ESG / Sustainability

ESG / Sustainability

US States Sue Major Asset Managers for Alleged Antitrust Violations

By Nithya Subramanian | 03/12/2024

The lawsuit alleged that BlackRock, Vanguard and State Street drove up electricity prices by pressuring coal companies to cut their carbon emissions.

ESG / Sustainability

Singapore’s Top Companies Lead Global Sustainability Efforts: KPMG

By Nithya Subramanian | 03/12/2024

KPMG survey finds all of Singapore’s top 100 companies report on sustainability. However, challenges remain that warrant further attention.

ESG / Sustainability

Deadline Looms for Hong Kong-Listed Firms to Get Women on Board

By Mark Johnston | 02/12/2024

With an end-December deadline looming, 250 Hong Kong-listed companies are under pressure to appoint at least one woman to their boards.

ESG / Sustainability

Five Firms Adopt HK’s Code for ESG Ratings & Data Providers

By Sanday Chongo Kabange | 02/12/2024

Bloomberg, CDP, MioTech, Moody’s, and MSCI ESG Research LLC have signed up to adopt the new code of conduct for ESG ratings and data products providers.

ESG / Sustainability

EU to Simplify ESG Rules Amid Criticism of Over-Regulation

By Nithya Subramanian | 29/11/2024

The European Commission plans to reduce compliance burdens on businesses by streamlining existing ESG frameworks.

ESG / Sustainability

Australian Investors Demand Greater Adaptation Action

By ESG Investor | 28/11/2024

New nature legislation and updated Modern Slavery Act are also key priorities ahead of 2025 federal elections.

ESG / Sustainability

ASEAN Stock Exchanges to Issue RFI to Develop ESG Data Infrastructure

By Nithya Subramanian | 27/11/2024

The effort aims to enhance ESG data standardisation, attract global investors, and position ASEAN as a hub for sustainable development.

ESG / Sustainability

Taiwan Financial Industry Signs Declaration to Support Net-Zero Goal

By Nithya Subramanian | 27/11/2024

The declaration has set five goals which include implementing carbon reduction actions, expanding green finance, and promoting green fintech.

ESG / Sustainability

SFC Sets Expectations on Due Diligence on ESG Service Providers

By Manesh Samtani | 26/11/2024

Asset managers should “reasonably understand the ESG products provided by the third-party ESG service providers”.