Climate Risk

Climate Risk

Near-term Economic Climate Change Impacts “Harder to Ignore”

By ESG Investor | 17/05/2022

New report says the near-term impacts of climate change are becoming ever harder for financial institutions to ignore.

Reporting & Disclosures

Future Uncertain for UK SDRs After Omission

By ESG Investor | 16/05/2022

Details on the SDRs were omitted from a new financial services bill outlined during the Queen’s Speech last week.

Climate Risk

KRX Seeks to Launch New Market for Carbon Futures

By Editors | 12/05/2022

A futures market would help boost liquidity in the existing K-ETS, which has allowed spot trading in carbon allowances since 2015, KRX said.

Reporting & Disclosures

Mandatory Disclosure Needed to Address “Persistent” GHG Reporting Gap

By ESG Investor | 09/05/2022

FTSE Russell paper reveals wide variations across countries, sectors and company size for Scope 1 and 2 emissions.

Reporting & Disclosures

UK Regulator Accuses HSBC of Greenwashing Through Advertising

By Editors | 04/05/2022

The UK’s advertising watchdog says HSBC misled customers by selectively promoting its green initiatives without mentioning its continued financing of fossil fuel businesses.

Reporting & Disclosures

EFRAG Consults on European Sustainability Reporting Standards

By ESG Investor | 03/05/2022

The double materiality-based standards are designed to underpin the EU’s Corporate Sustainability Reporting Directive.

Reporting & Disclosures

HKEX Launches Public Repository on Issuer Board Diversity

By Editors | 30/04/2022

The centralised platform will make available data regarding each listed company’s board of directors – by age, gender and years of tenure.

Climate Risk

FSB Issues Guidance for Regulators on Climate-related Risks

By Editors | 29/04/2022

The report offers recommendations for monitoring, managing and mitigating climate-related risks to promote consistent approaches across sectors and jurisdictions.

Sustainable Finance

Taiwan Adopts Equator Principles in Credit Guidelines for Banks

By Darien Choong | 29/04/2022

The move is aimed at standardising the key principles banks follow when handling large-scale project financing cases involving environmental and social risks.