ESG / Sustainability

Policy, development, state-owned, small and medium-sized banks are directed to provide credit to support the construction of water conservancy infrastructure.

The UK Financial Reporting Council proposes to require actuaries to include climate change and other ESG–related risks in the course of their work.

S&P looked at nearly 12,000 equity mutual funds and ETFs representing more than USD 20 trillion in market value. About 11% were aligned with the Paris goals.

The SEC is reportedly investigating whether disclosures made to clients accurately described the investment practices used by two Goldman funds.

Roughly 60% of companies with net zero targets have yet to specify whether carbon offsetting will feature in their decarbonisation strategies.

Being ‘true to label’ is a regulatory must-have when it comes to sustainability-related products, says ASIC deputy chair Karen Chester.

UK and Japan participants agreed to establish an innovation working group to provide a space for collaboration on payments, cryptoassets and financial innovation.

The guidance is issued as part of an initiative to help listed companies adopt best practices in areas such as governance and sustainability.

Singapore authorities have published a framework setting out how the government will issue and manage sovereign green bond issuances.

Google, Unilever and Hitachi have signed on to the new code, which aims to improve the integrity of corporate claims about the use of carbon credits.