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

Reporting & Disclosures
Malaysia SC Launches Sustainability Reporting Framework
By Nithya Subramanian | 26/09/2024
Bursa Malaysia has also opened a consultation on proposed enhancements to its sustainability reporting requirements.

Climate Risk
ECB Start Penalising Banks for Slow Progress on Climate Risk
By Mark Johnston | 26/09/2024
The ECB has begun issuing fines to banks that fail to meet its expectations on climate risk management.

Reporting & Disclosures
SGX RegCo Mandates ISSB Aligned Climate Disclosures by 2025
By Nithya Subramanian | 23/09/2024
All listed companies will have to report Scope 1 and 2 emissions and incorporate the ISSB’s climate-related disclosure standards.

Reporting & Disclosures
ASIC Urges Businesses to Prepare for Climate Disclosure Regime
By Thisanka Siripala | 23/09/2024
ASIC will take a “proportional and pragmatic approach to supervision and enforcement” as the industry adjusts to the new requirements.

Climate Risk
SBTi Net Zero Standard to Boost Banks’ Transition
By ESG Investor | 20/09/2024
New framework will increase expectations on deforestation and fossil fuels while raising climate-related ambition of financial institutions.

Reporting & Disclosures
HKICPA Consults on Exposure Drafts to Adopt ISSB Standards
By Manesh Samtani | 19/09/2024
The exposure drafts are open for consultation until 27 October. The standards will be finalised by end 2024 and take effect on 1 August 2025.

Sustainable Finance
HKMA, DFSA to Deepen Collaboration on Sustainable Finance
By Sanday Chongo Kabange | 17/09/2024
The HKMA and DFSA signed an MoU to deepen cross-border dialogue, information exchange and joint research on sustainable finance.

Reporting & Disclosures
Australian Parliament Passes Climate Disclosures Legislation
By Manesh Samtani | 11/09/2024
Climate-related disclosures will be mandatory for all public companies and large proprietary companies starting in January 2025.

Sustainable Finance
Malaysia, UK Eye Collaboration on Islamic Finance, Green Initiatives
By Nithya Subramanian | 11/09/2024
Participants at a recent forum called for Malaysian collaboration to enhance Islamic finance services in the UK.

ESG Data
BIS, NGFS Developing Enhanced Climate Risk Data Platform
By Editors | 10/09/2024
The NGFS Data Directory 2.0 aims to enhance how the financial sector accesses and utilises climate risk data.
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