The whitepaper details Project Savannah's goals and strategy for empowering MSMEs in sustainability reporting through three key pillars.
Project Symbiosis aims to address the lack of comprehensive emissions data from SMEs that are part of larger supply chains.
The revised guidelines require NZBA members to set climate targets for their capital markets activities for the first time.
The priority risks identified are now undergoing a second, more detailed technical assessment, scheduled for completion by end 2024.
The new policy is seen to be more in line with Singapore's sustainable finance taxonomy, which seeks to promote the early phase-out coal plants.
The guidance comprises six books that aim to standardise climate risk management frameworks at banks and establish uniform scenarios and methodologies.
Bank of Ayudhya is the first in Thailand to launch a term-deposit product that supports social and sustainable projects.
Korea's Ministry of Environment, KRX and local securities firms are working to launch ETNs linked to carbon allowances by August this year.
Budget statement confirms that the UK will regulate ESG ratings, with full consultation and legislative steps due to be announced later this year.
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.
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