ESG / Sustainability

Capital / Liquidity

HKMA Proposes Revisions to Policy Manual on Pillar 2 Capital

By Sanday Chongo Kabange | 12/11/2024

The revisions incorporate the Basel III reforms and allow Pillar 2 capital charges to be imposed for inadequate systems and controls to address climate risks.

ESG / Sustainability

Bangladesh Bank Increases Green Lending Targets to Support SDGs

By Nithya Subramanian | 12/11/2024

From 2025, banks will be required to allocate 40% of their net outstanding loans to green and sustainable ventures.

ESG / Sustainability

HKMA Urges Banks to Adopt and Support GreenTech

By Manesh Samtani | 11/11/2024

Carmen Chu said the HKMA will soon publish an adoption practice guide outlining how Greentech can help FIs achieve their sustainability targets.

Enforcement

US SEC Fines Invesco $17.5m over Misleading ESG Claims

By ESG Investor | 09/11/2024

Invesco Advisers was charged for making misleading statements about the percentage of company-wide AUM that integrated ESG factors in investment decisions.

ESG / Sustainability

Chinese Exchanges Issue Guides on Preparing Sustainability Reports

By Manesh Samtani | 09/11/2024

The guides provide a “toolbox” to help listed companies improve their sustainable development governance frameworks, workflows and related disclosures.

ESG / Sustainability

RBI Expands Sovereign Green Bond Access for Non-resident Investors

By Nithya Subramanian | 09/11/2024

The RBI added 10-year SGrBs issued in the second half of the fiscal 2024-25 as ‘specified securities’ under the Fully Accessible Route.

ESG / Sustainability

BSP Invites Indonesia, Malaysia to Explore Philippine Islamic Finance Sector

By Sanday Chongo Kabange | 07/11/2024

The BSP has been engaging with FIs in Indonesia and Malaysia about exploring opportunities in the Philippines Islamic finance sector.

ESG / Sustainability

ASIC Consults on Draft Sustainability Reporting Guidance

By Sanday Chongo Kabange | 07/11/2024

ASIC drafted the guidance to help reporting entities in complying with the new sustainability reporting regime commencing in January.

ESG / Sustainability

Singapore: Gprnt Launches New Sustainability Reporting Tools

By Nithya Subramanian | 06/11/2024

A new Disclosure tool will simplify sustainability reporting for businesses while a new Marketplace will enable them to connect to an ecosystem of sustainability solutions.