Climate Risk

Sustainable Finance

To 2021 And Beyond – A Regulator’s Perspective

By Boon Gin Tan | 23/12/2020

SGX RegCo chief Boon Gin Tan says sustainability is now a new fiduciary responsibility, and expectations in this area have never been higher.

Reporting & Disclosures

FSB Urges Standard Setters to Use TCFD Recommendations

By Editors | 22/12/2020

Using the TCFD recommendations as the basis for developing requirements or guidance for climate-related disclosures will help avoid the risk of market fragmentation, the FSB says.

Reporting & Disclosures

Group of Five Releases Climate-Related Financial Disclosure Prototype

By ESG Investor | 21/12/2020

The proposed standard for sustainability-related financial disclosures builds on TCFD pillars and supports the IFRS consultation on non-financial reporting.

Sustainable Finance

Hong Kong Launches Strategic Plan for Greener Financial Ecosystem

By Manesh Samtani | 17/12/2020

A cross-agency steering group has announced a green and sustainable finance strategy for Hong Kong and five key action points.

Sustainable Finance

SGX Launches New Sustainability Platform, Plans New ESG Products

By Manesh Samtani | 16/12/2020

SGX is bringing third-party ESG ratings to Singapore listed companies and will introduce new ESG-focused investment and risk management products.

Sustainable Finance

Paris Anniversary Marked by New Finance Initiative

By ESG Investor | 14/12/2020

Participating countries issued new commitments related to the three pillars of the Paris Agreement at the Climate Ambition Summit 2020.

Climate Risk

Asset Managers, Insurers Must Embed Environmental Risk: MAS

By ESG Investor | 09/12/2020

Guidelines due to take effect in 18 months call for increased engagement with stakeholders, stress testing and risk disclosures.

Sustainable Finance

Singapore to Lay Foundation for Regional Carbon Credits Market

By Manesh Samtani | 09/12/2020

Ravi Menon said there is a need for more high-quality carbon credits and more trading of such credits across borders to drive convergence towards a global price on carbon.

Climate Risk

MAS Finalises Environmental Risk Management Guidelines for Banks

By Manesh Samtani | 08/12/2020

MAS has extended the transition period from 12 months to 18 months, and says it will start engaging key banks on their implementation progress from Q2 2021.