ESG / Sustainability

ESG / Sustainability

Independent Review Concludes ACCU Scheme is ‘Essentially Sound’

By Editors | 10/01/2023

Australia’s Climate Council said the review “ignores the elephant in the room”, namely that too many major emitters are buying ACCUs so they can “continue to pollute as usual”.

ESG / Sustainability

India to Issue First Sovereign Green Bonds on 25 January

By Editors | 09/01/2023

There will be no limit on overseas investment in the $1.9bn sovereign green bond issuance. Five percent of the sale will be reserved for retail investors.

ESG / Sustainability

Hong Kong Raises $5.8b in Asia’s Largest Green Bond Issuance

By Editors | 09/01/2023

Hong Kong is the first government issuer in Asia to issue green bonds in three currencies concurrently, said Financial Secretary Paul Chan.

ESG / Sustainability

Taiwan: TDCC Adds Moody’s ESG Assessments to ESG IR Platform

By Editors | 05/01/2023

The ESG IR platform provides free ESG information from domestic and foreign data providers for retail investors, institutional investors and issuers.

ESG / Sustainability

ASIC Fines Another Listed Energy Firm for Alleged Greenwashing

By Editors | 05/01/2023

ASIC says Black Mountain Energy made misleading statements in three ASX announcements regarding a natural gas development project.

ESG / Sustainability

Taiwan Central Bank Unveils Plans for Addressing Climate Change

By Editors | 04/01/2023

The central bank will incorporate weather factors in economic forecast models, use monetary policy to promote sustainable finance, and invest in green bonds.

ESG / Sustainability

Thailand Consults on ‘Pilot Version’ of Sustainable Finance Taxonomy

By Sanday Chongo Kabange | 02/01/2023

Like the ASEAN Taxonomy, the Thailand Taxonomy uses a traffic light system. The objectives of the taxonomy largely draw from the EU taxonomy.

ESG / Sustainability

China ETS Sees Lower Than Expected Trading Performance

By Editors | 30/12/2022

Only 44 million tonnes of carbon allowances were traded during 2022, down from 179 million tonnes in 2021, though the market has now exceeded CNY 10 billion in cumulative turnover.

ESG / Sustainability

HKMA Revises SPM to Embed Climate Risk in Supervisory Approach

By Editors | 30/12/2022

Revised SPM illustrates the HKMA’s approach to the supervision of emerging risks such as climate risk under its risk-based supervisory approach.