ESG / Sustainability

ESG / Sustainability

COP28 Heralds New Era for Green Investments in Asia

By Ranamita Chakraborty | 04/12/2023

A green investment partnership focusing on risk mitigation and blended finance seeks to make green initiatives more attractive to investors.

ESG / Sustainability

MAS Finalises Sustainable Finance Taxonomy After Four Consultations

By Manesh Samtani | 04/12/2023

The Singapore-Asia Taxonomy now provides a framework to phase-out coal-fired power plants, which MAS says is critical in APAC.

Crypto / Digital Assets

IOSCO Chair Calls for Coordinated Response to Crypto Challenges

By Ranamita Chakraborty | 04/12/2023

Jean-Paul Servais and Tuang Lee Lim from IOSCO highlight the need for standardised guidelines for crypto, digital assets and sustainability.

ESG / Sustainability

IOSCO Proposes 21 Good Practices to Promote VCM Integrity

By Manesh Samtani | 04/12/2023

The Good Practices cover regulatory frameworks, primary market issuance, secondary market trading, and use and disclosure of use of carbon credits.

ESG / Sustainability

World Bank Unveils Roadmap for Scaling Carbon Markets

By Editors | 03/12/2023

The World Bank will help 15 countries earn income from the sale of carbon credits generated from preserving their forests.

ESG / Sustainability

IFRS Foundation Launches Knowledge Hub for ISSB Standards

By Editors | 03/12/2023

The hub will help companies prepare for their ISSB disclosures, and help auditors, investors, and regulators better understand the new standards.

ESG / Sustainability

Version 2 of ASEAN Taxonomy Affirmed by Stakeholders

By Manesh Samtani | 03/12/2023

The ASEAN Taxonomy Board said some feedback will be incorporated in the Version that will be effective in Q1 2023, and other improvements will be rolled out later.

ESG / Sustainability

Four Banks and an Insurer Have Quit SBTi – Reports

By Editors | 01/12/2023

Standard Chartered, HSBC, Societe Generale, ABN Amro and Allianz have left the UN-backed Science Based Targets Initiative.

Enforcement

ASIC: Morningstar Pays Two ESG-related Infringement Notices

By Manesh Samtani | 01/12/2023

Morningstar fund investors were exposed to weapons companies for “short periods of time” despite an ESG Policy that prohibited such exposures.