Sustainability & ESG

Reporting & Disclosures

JPX Releases Results of GenAI-powered TCFD Disclosure Checks

By Editors | 27/03/2024

GenAI enabled JPX to widen the coverage of the checks, making breakdowns by market segment, company size, and sector possible.

ESG Data

HKMA Urges Banks to Utilise GHG Reporting Tools

By Sanday Chongo Kabange | 27/03/2024

The HKMA called on banks to make use of the two new GHG reporting tools launched by the Cross-Agency Steering Group last month.

Sustainable Finance

Climate Finance Held Back by VCM Participation Barriers – Report

By Manesh Samtani | 26/03/2024

Companies say they would substantially boost their investments in decarbonisation if purchases of carbon credits were recognised and incentived by standard-setters.

Reporting & Disclosures

Hong Kong Reinforces Commitment to ISSB-aligned Sustainability Disclosures

By Editors | 26/03/2024

The HKICPA will lead the work to develop local sustainability reporting standards along with complementary application and implementation guidance.

Emerging Prudential Risks

RBNZ Finalises New Guidance on Managing Climate Risk

By Editors | 26/03/2024

Accounting for consultative feedback, the guidance includes more examples, reduces overlaps with other guidance, and draws more links to existing parts of the prudential regime.

Emerging Prudential Risks

China Issues New Supervisory Ratings Framework for Insurers

By Mark Johnston | 23/03/2024

Insurers that offer green insurance or inclusive insurance will be awarded special bonus points to acknowledge ESG performance.

Structural Regulation

EU, China Hold Inaugural Meeting of New Working Group

By Mark Johnston | 22/03/2024

Regulators from both sides discussed AML, supervisory cooperation, sustainable finance, capital markets, cross-border data transfers, payments, and CCP equivalence.

Climate Risk

IAIS Launches Third Public Consultation on Climate Risk

By Editors | 22/03/2024

The consultation addresses issues relating to corporate governance, risk management and internal controls, valuation, investment policy and enterprise risk management.

Sustainable Finance

Hong Kong Progresses Work to Expand Green Bond Programme

By Manesh Samtani | 21/03/2024

A new Infrastructure Bond Programme will be established and the Government Green Bond Scheme will be expanded and renamed to cover sustainable projects.