Climate Risk

Reporting & Disclosures

ISSB Adoption in Hong Kong Will Have Global Significance: SFC

By Manesh Samtani | 06/10/2022

The SFC is working with HKEX to develop a regulatory framework for listed company climate-related disclosures “based on the ISSB standards”.

Sustainable Finance

MAS Announces Initiatives to Promote Blended Finance

By Editors | 05/10/2022

S$5mn in grants will fund innovations in blended finance. The GFANZ APAC Network will develop guidance for FIs on phasing out coal power.

Capital Adequacy

Capital Rules Can Cushion Banks’ Fossil Fuel Exposure: Report

By ESG Investor | 04/10/2022

Prudential regulators should increase the risk weighting applied to major banks’ fossil fuel assets, Finance Watch says in a new report.

Climate Risk

BSP Issues Guidance for Banks on E&S Risk Management

By Manesh Samtani | 04/10/2022

Banks must develop ESRM systems that assess environmental and social risks arising from their operations, products, services, transactions, activities, and operating environment.

Reporting & Disclosures

An Increasing Sense of Urgency

By ESG Investor | 03/10/2022

Satoshi Ikeda, Chief Sustainable Finance Officer at Japan’s Financial Services Agency, is targeting increased action among asset owners.

Climate Risk

Fed Plans Climate-risk Pilot for US Banks

By ESG Investor | 02/10/2022

The participating banks are Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo.

Climate Risk

EBA Considers Assessing Climate in Regular Bank Stress Tests

By Editors | 02/10/2022

The EBA has kicked off high level discussions on how to incorporate climate risks in regular stress tests that take place every two years.

Climate Risk

Australian Investors Demand Further Climate Reforms

By ESG Investor | 30/09/2022

The Investor Group on Climate Change has outlined “high priority policies“ needed to “unlock capital” for Australia’s net zero transition.

Sustainable Finance

NZAOA Issues Call to Action on Blended Finance

By ESG Investor | 30/09/2022

The UN-convened Net Zero Asset Owners Alliance has called on policymakers to facilitate the scaling of blended finance structures to fund climate solutions.