ESG / Sustainability

Enforcement

ASIC Fines Super Fund Trustee Diversa for Alleged Greenwashing

By Editors | 28/12/2022

ASIC said the statements made by Diversa Trustees were too broad, potentially misleading consumers about its investment screens.

Big Picture

IETA Shines Light on Carbon Market Evolution

By Editors | 28/12/2022

The 2022 GHG Market Report features carbon market reforms underway in the EU, Korea, Japan and China, among other markets.

ESG / Sustainability

India Plans to Develop Carbon Market by 2026 – Report

By Editors | 28/12/2022

A compliance market and voluntary market will be set up, along with a stabilisation fund to support prices of carbon credits.

Big Picture

BIS Stresses Importance of Information Governance in Sustainable Finance

By Editors | 28/12/2022

BIS paper says enhancing information governance in sustainable finance can reduce risks to financial stability and the long-term robustness of the green transition.

ESG / Sustainability

SEC Thailand to Allow SME to Issue Sustainability Bonds

By Editors | 27/12/2022

Rule changes will allow SMEs and startups to offer sustainability bonds via crowdfunding and private placement channels.

ESG / Sustainability

NYDFS Proposes Guidance on Climate Risk Management

By Editors | 27/12/2022

The guidance focuses on corporate governance; internal control framework; risk management process; data aggregation and reporting; and scenario analysis.

ESG / Sustainability

RBI Official Calls for Structural Changes to Scale Up Green Finance

By Editors | 27/12/2022

Deputy governor M Rajeshwar Rao said a formal definition of green finance and a taxonomy are needed, along with a robust ecosystem for third-party verification and assurance.

Big Picture

HKIMR Report Explores Challenges of Climate Risk Measurement

By Sanday Chongo Kabange | 22/12/2022

The report introduces a data management framework and a model risk management framework to help FIs manage climate-related data and model risks.

ESG / Sustainability

EU Lawmakers Agree on Enhancements to Carbon Market

By Editors | 22/12/2022

The agreement, which still needs formal endorsement, will accelerate the pace at which energy-intensive companies are obligated to reduce emissions.