Climate Risk

Climate Risk

IAIS Asks ISSB to Maintain Climate Focus

By ESG Investor | 27/08/2023

The IAIS said ensuring effective implementation of the climate standard is “more important than moving into new areas”.

Sustainable Finance

Indonesia’s OJK Issues New Rules for Carbon Trading

By Editors | 26/08/2023

The rules set out how OJK will supervise carbon trading ahead of the planned launch of Indonesia’s first carbon exchange by end-September.

Climate Risk

IGCC Devises Climate Resilience Strategy

By ESG Investor | 25/08/2023

Adaptation themes will be incorporated into IGCC’s workstreams to drive investment in climate resilience across Australia and New Zealand.

Climate Risk

Singapore, Sri Lanka Forge Partnership to Develop Carbon Credit Agreement

By Ranamita Chakraborty | 24/08/2023

Under the agreement, Singapore’s carbon tax-liable companies can purchase carbon credits from eligible projects to offset up to 5 percent of their taxable emissions.

Climate Risk

RBNZ Releases Results of Second Climate Risk Survey

By Sanday Chongo Kabange | 24/08/2023

Just over half of the entities have not yet undertaken climate-related scenario analysis, though all plan to do so in the next 12 months.

Climate Risk

Demand for “Credible” Net Zero Targets Rising – SBTi

By ESG Investor | 22/08/2023

Asia saw the greatest proportional growth in companies setting science-based targets, led by Japan and strong growth in China.

Structural Regulation

New Zealand to Enhance ETS Market Governance Framework

By Mark Johnston | 22/08/2023

The government has agreed to two proposals to improve market governance for the New Zealand Emissions Trading Scheme.

Climate Risk

Asian Banks Underestimating Physical Climate Risk – AIGCC

By ESG Investor | 22/08/2023

AIGCC and China Water Risk call on banks to review their stress testing approaches for sectors that are vulnerable to sea level rise.

Nature & Biodiversity

Nature “Consistently Overlooked” by Financial Institutions – CDP

By ESG Investor | 22/08/2023

The majority of institutions “lack the necessary governance mechanisms and board-level expertise” to integrate nature-related issues across operations.