Sustainability & ESG

Sustainable Finance

New Zealand to Relax Rules for Green Bond Issuance

By Editors | 04/04/2024

The proposed class exemption would make it easier for listed companies to bring green, social, sustainable, and sustainability-linked bonds to market.

Climate Risk

APRA to Conduct Second Climate Risk Management Survey

By Sanday Chongo Kabange | 03/04/2024

APRA will make the survey available to all banking, insurance, and superannuation entities that it supervises, though participation is voluntary.

Sustainable Finance

Japan FSA Finalises New Impact Investment Guidelines

By Editors | 01/04/2024

The guidelines set out four principles for market participants to refer to when structuring and financing investment projects that have social and environmental benefits.

Reporting & Disclosures

ASEAN Releases Version 3 of Sustainable Finance Taxonomy

By Editors | 31/03/2024

Version 3 introduces TSC for two more focus sectors, namely transportation & storage and construction & real estate.

Conduct, Culture & Accountability

APRA Confirms Plans to Publish Super Fund Expense Data

By Editors | 30/03/2024

Super fund data on director remuneration, travel and entertainment, payments to industrial bodies, and asset allocation will be published.

Reporting & Disclosures

ASIC Wins First Greenwashing Action Against Vanguard

By Sanday Chongo Kabange | 30/03/2024

The court found that Vanguard contravened the ASIC Act in its representations about the ESG exclusionary screens applied to one of its index funds.

Climate Risk

S. Korea: Banks, Insurers to Conduct Climate Stress Tests in H2

By Mark Johnston | 28/03/2024

The BOK and FSS will create climate scenarios in H1 which 15 financial firms will have to use in stress tests in H2.

Reporting & Disclosures

Australia Tables Bill to Introduce Climate Disclosures, Strengthen FMI Regime

By Sanday Chongo Kabange | 28/03/2024

The legislation will implement new mandatory climate reporting requirements and strengthen regulatory arrangements for FMIs.

Reporting & Disclosures

Gprnt, Ant International Partner to Support MSME Sustainability Reporting

By Ranamita Chakraborty | 28/03/2024

The partnership is part of a new industry initiative known as ‘Programme Sirius’, which aims to help MSMEs in their transition towards sustainability.