ESG / Sustainability

Firms offering ESG products should expect to be subject to review to ensure marketing materials are not misleading.

Companies will have to start disclosing climate-related information including GHG emissions data in annual reports and prospectuses in 2024.

ESG-related information disclosed on each company's website for the most recent three months will be displayed on the portal.

The most requested data in Asia will be security-level exposure to climate risk, portfolio-level exposure to climate risks, and scenario metrics for climate change.

A key enhancement is an illustrative credibility framework to help assess emissions reduction targets and corporate net zero transition plans.

SEBI proposes to expand the framework to cover more of India's commitments from COP26, introduce the concept of 'blue bonds', and enhance disclosures.

Members of the new institute will deliver recommendations to NZX on its rule settings and CG Code to further enhance listed companies' corporate governance practices.

Survey responses from banks. insurers and super funds shows are "encouraging". A key area for improvement is metrics and targets.

The paper offers guidance for FIs on managing climate risk. The RBI also published results from a survey to assess banks' readiness to address climate risk.

The PBOC plans to release standards for environmental information and carbon emissions disclosures, along with a roadmap for implementation.