ESG / Sustainability

Financial intermediaries are required to monitor for and report financial activity or transactions suspected to be related to human trafficking.

Banks and NBFIs can issue and invest in green bonds subject to meeting prudential, reporting and disclosure requirements.

The TSE commenced pilot trading in J-Credits, which have been circulating on a voluntary basis in Japan since 2013. Trading began with 145 registered participants.

GFANZ has released a report advising companies on the information they should disclose in their transition plans.

The Common Ground Taxonomy can be used for debt issuance, equity portfolio construction, index creation, company and fund disclosures, and policy settings.

Over half of S&P 500 firms assessed by CDP are 90-99% aligned with the TCFD key recommendations.

Reclaim Finance calls on US banks to “immediately complement their net zero pledges with real action and implement robust coal policies”.

Four environmental groups are set to start legal action in an attempt to prevent the EU including fossil gas in its sustainable finance rulebook.

The ECB has published details of how it intends to “gradually decarbonise” the corporate bond holdings in its monetary policy portfolio.

The Global Reporting Initiative intends to better integrate consideration of human rights into its disclosure requirements.