ESG / SUSTAINABILITY

Big Picture

Critical Sustainability Reporting Gaps Remain for APAC Firms: Study

By Ranamita Chakraborty | 11/06/2023

A study by PwC Singapore and NUS Business School found that only 51 percent of the top listed companies in 14 APAC markets disclose net-zero targets.

ESG / Sustainability

MAS Calls on Banks to ‘Carefully Assess’ Client Transition Plans

By Ranamita Chakraborty | 09/06/2023

MAS will issue a consultation on transition planning later this year. A new association will be formed to foster a dynamic ecosystem for green and transition finance.

ESG / Sustainability

Climate Impact X Launches Spot Trading Platform for Carbon Credits

By Ranamita Chakraborty | 08/06/2023

**CIX told Regulation Asia that it is seeking alignment with IOSCO’s principles for commodity price benchmarks – a detailed set of guidelines relating to governance and control systems.
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ESG / Sustainability

Japan to Set Gender Diversity Target for TSE Prime Market

By Ranamita Chakraborty | 07/06/2023

TSE Prime Market companies will have to have at least one woman board member by 2025, and reach a 30 percent target by 2030.

ESG / Sustainability

Malaysia Launches New Accreditation Programme for Directors

By Ranamita Chakraborty | 07/06/2023

Existing directors will have 24 months to complete the new sustainability-focused accreditation programme.

ESG / Sustainability

Climate Action Data Trust Establishes 20-Member User Forum

By Ranamita Chakraborty | 07/06/2023

The forum brings together practitioners and data users to advise on technical, policy, and business matters to enhance access to carbon registry data.

ESG / Sustainability

Investors Set Ten Tests for Banks’ Transition Plans

By ESG Investor | 06/06/2023

The IIGCC in consultation with TPI Centre outlined investor expectations for banks’ net zero transition strategies.

ESG / Sustainability

Bursa Malaysia Names and Shames Listed Companies With All-Male Boards

By Ranamita Chakraborty | 06/06/2023

Bursa Malaysia warns that it will take regulatory action against companies that fail to comply with the diversity requirement.

ESG / Sustainability

Japan’s FSA to Issue First Guidelines on Impact Investing

By Mark Johnston | 06/06/2023

The guidelines will define novelty, effect, profitability, and disclosure as key requirements for impact investing.