ESG / Sustainability

Capital / Liquidity

Capital Rules Can Cushion Banks’ Fossil Fuel Exposure: Report

By ESG Investor | 04/10/2022

Prudential regulators should increase the risk weighting applied to major banks’ fossil fuel assets, Finance Watch says in a new report.

ESG / Sustainability

BSP Issues Guidance for Banks on E&S Risk Management

By Manesh Samtani | 04/10/2022

Banks must develop ESRM systems that assess environmental and social risks arising from their operations, products, services, transactions, activities, and operating environment.

ESG / Sustainability

TWSE Issues Governance Guidance for Listed Company Directors

By Editors | 04/10/2022

The guidance provides a reference for how independent directors should be selected, how they should perform their duties, and their role in audit committees.

ESG / Sustainability

An Increasing Sense of Urgency

By ESG Investor | 03/10/2022

Satoshi Ikeda, Chief Sustainable Finance Officer at Japan’s Financial Services Agency, is targeting increased action among asset owners.

ESG / Sustainability

FMSB Publishes Spotlight Review on Voluntary Carbon Markets

By Sanday Chongo Kabange | 02/10/2022

The spotlight review details the key challenges of VCMs and offers recommendations to help in their transition into a mature asset class.

ESG / Sustainability

Fed Plans Climate-risk Pilot for US Banks

By ESG Investor | 02/10/2022

The participating banks are Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo.

Capital / Liquidity

EBA Considers Assessing Climate in Regular Bank Stress Tests

By Editors | 02/10/2022

The EBA has kicked off high level discussions on how to incorporate climate risks in regular stress tests that take place every two years.

ESG / Sustainability

China Designates 18 ‘Gatekeepers’ for Green Bond Market

By Darien Choong | 02/10/2022

The 18 firms, which include PwC, EY and Morningstar’s China units, will be responsible for evaluating and certifying green bonds and help to prevent greenwashing.

ESG / Sustainability

Singapore Exchange Launches Battery Metal Futures

By Editors | 02/10/2022

Contracts were launched in battery-grade lithium carbonate; lithium hydroxide; cobalt metal; and cobalt hydroxide.