Climate Risk

    Reporting on regulatory responses, risk management practices, and financial impacts of climate-related risks, including physical and transitional risks.

    Climate Risk

    EBA Publishes Results of Pilot Exercise on Climate Risk

    By Sanday Chongo Kabange | 25/05/2021

    The first gauge of the EU aggregated green asset ratio was estimated at 7.9%. Over half of banks’ overall exposures are to sectors that might be sensitive to transition risk.

    Climate Risk

    Biden Directs US Federal Agencies to Take Action on Climate

    By Editors | 25/05/2021

    Under an executive order, a comprehensive government-wide strategy on climate-related financial risk shall be developed within 120 days.

    Climate Risk

    China Releases Supplementary Rules for Carbon Rights Trading

    By Editors | 24/05/2021

    The rules detail the role of the registration authority, allowing it to intervene if carbon prices see abnormal fluctuations or excessive volatility.

    Climate Risk

    Korea Brokers Join Emissions Trading Scheme as Market Makers

    By Editors | 24/05/2021

    Participation by the brokerage firms as market makers will help reduce bid-ask spreads and keep Korea’s emissions trading market liquid.

    Sustainable Finance

    DBS, SGX, StanChart, Temasek to Launch Carbon Exchange

    By Editors | 20/05/2021

    ‘Climate Impact X’ seeks to address a need for more high-quality carbon credits and promote active cross-border trading of such credits to drive global price transparency.

    Reporting & Disclosures

    Singapore Sustainability Reporting Sees Marked Improvement: SGX

    By Editors | 19/05/2021

    In a joint review, SGX RegCo and NUS Business School found an overall increase in the depth and understanding of sustainability reporting.

    Reporting & Disclosures

    Singapore Taskforce Issues Climate Disclosure Guide for FIs

    By Editors | 19/05/2021

    GFIT also announced a framework for green trade finance and published a roadmap to scale green finance in the real estate, infrastructure, fund management and transition sectors.

    Sustainable Finance

    COP Presidency Calls for Ambitious Climate Commitments

    By Editors | 16/05/2021

    Private financial institutions are encouraged to join a net zero alliance, publish transition plans, phase out of coal, and commit to nature-positive finance.

    Reporting & Disclosures

    CSRC Adds Environment & Social Responsibility to Disclosure Rules

    By Manesh Samtani | 12/05/2021

    A new chapter on environmental and social responsibility has been added to the disclosure rules for publicly listed companies. The consultation is open until 7 June.

    Reporting & Disclosures

    China’s Long March to Net Zero

    By ESG Investor | 08/05/2021

    Corporates are a few steps behind on ESG disclosures, but momentum is building under pressure from regulators and investors.

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