Climate Risk

Climate Risk

FIs’ Climate-related Risk Capture Incomplete, says BoE

By ESG Investor | 15/03/2023

Existing capability and regime gaps “create uncertainty” over whether financial institutions are adequately capitalised for future climate-related losses, says the Bank of England.

Reporting & Disclosures

Record Number of FIs Seeking Environmental Disclosures Via CDP

By Editors | 14/03/2023

CDP’s annual disclosure request this year is on behalf of 746 FIs across 40 countries. Firms are asked to disclose on plastics for the first time.

Climate Risk

EU Financial Regulators Testing Climate Transition Resilience

By ESG Investor | 13/03/2023

The European Commission has asked the ESAs to conduct an analysis of the financial system’s resilience as EU member states decarbonise their economies.

Reporting & Disclosures

PNGX Proposes New Corporate Governance Code for Listed Firms

By Sanday Chongo Kabange | 10/03/2023

The Code covers disclosures on policies for achieving gender equality and managing and reporting on environmental and social impacts.

Climate Risk

Australian Asset Owner Mandates Omit Climate

By ESG Investor | 10/03/2023

Only a “small number” issuing specific decarbonisation or net zero requirements; IGCC urges investors to “translate aspirations into action”.

Reporting & Disclosures

Bursa Malaysia, LSEG to Launch Sustainability Reporting Platform

By Editors | 09/03/2023

At Invest Malaysia 2023, funding incentives for the Bursa Carbon Exchange were also announced, along with other initiatives to increase the vibrancy of the Malaysian capital market.

Sustainable Finance

Malaysia Roll Outs of First “Greening Value Chain” Programme

By Editors | 08/03/2023

The initiative, announced last November, is designed to provide technical assistance and funding to help SMEs decarbonise their operations.

Sustainable Finance

UK, Singapore Establish ‘Green Economy’ Cooperative Framework

By Editors | 03/03/2023

The UK and Singapore will cooperate in the areas set out under three pillars – one being carbon markets and sustainable finance.

Reporting & Disclosures

NZX Amends Corporate Governance Code to Raise ESG Bar

By Sanday Chongo Kabange | 02/03/2023

The amendments cover ethics training, director independence, diversity policies, conflicts of interest, and ESG and climate reporting.