Climate Risk

Reporting & Disclosures

ISSB “Straying” from Core Purpose with Scope 3 Inclusion

By ESG Investor | 20/01/2023

Despite investors calling for disclosure of all emissions, there are concerns the board is reaching beyond its remit.

Sustainable Finance

EU Commission Launches Net Zero Industry Act

By ESG Investor | 19/01/2023

The act aims to increase funding for clean energy technologies across EU member states, including through a new European Sovereignty Fund.

Climate Risk

Crypto Firms Team Up to Accelerate Climate Action

By Mark Johnston | 19/01/2023

The partnership comprises the GBBC, Eqo Networks, BxCi, Solana Foundation, Ripple, Regen Network, and Climate Collective.

Sustainable Finance

Taskforce Introduces Framework to Mobilise Investment Capital

By ESG Investor | 18/01/2023

The framework aims to ensure investors are not simply disinvesting from more difficult sectors, particularly in emerging economies.

Climate Risk

Thai SEC Issues New Climate Risk Guidelines for Asset Managers

By Sanday Chongo Kabange | 17/01/2023

The voluntary guidelines are intended to help asset managers assess and disclose the impacts of climate risks on their portfolios.

Reporting & Disclosures

WWF-Singapore Publishes Sustainable Banking Assessment 2022

By Editors | 16/01/2023

The report calls on financial sector regulators to implement and align E&S risk management requirements for banks to ensure financial stability.

Sustainable Finance

Shanghai Releases New Green Finance Action Plan With 2025 Targets

By Editors | 15/01/2023

The cumulative balance of green finance deployed will reach CNY 1.5 trillion by 2025. Banks and insurers will establish dedicated green finance business centres in Shanghai.

Sustainable Finance

Carbon Markets Crucial to Net Zero Goals – HKEX Chair

By Editors | 12/01/2023

Some obstacles and a lack of trusted marketplaces have stood in the way of wider adoption of carbon markets, says HKEX chair Laura Cha.

Climate Risk

Independent Review Concludes ACCU Scheme is ‘Essentially Sound’

By Editors | 10/01/2023

Australia’s Climate Council said the review “ignores the elephant in the room”, namely that too many major emitters are buying ACCUs so they can “continue to pollute as usual”.