Sustainability & ESG

Reporting & Disclosures

IFRS Publishes Comparative Analysis of IFRS S2 and TCFD

By Editors | 25/07/2023

The comparative analysis highlights that the requirements outlined in IFRS S2 are consistent with the TCFD recommendations.

Cryptocurrency

FSS Korea Issues ‘Best Practices’ Guidance on Crypto-related Disclosures

By Manesh Samtani | 25/07/2023

The FSS provides sample footnote disclosures for virtual asset issuers, holders, and exchanges, in line with new crypto asset accounting and disclosure guidelines.

Climate Risk

EBA Initiates Consultation on Climate Risk Data Collection

By Editors | 24/07/2023

EBA initiates climate data consultation with EU banks for Fit-for-55 climate risk analysis in collaboration with ESAs, ECB, and ESRB.

Climate Risk

Korea NPS in Legal Battle Over Silence on Coal Phase-out

By ESG Investor | 24/07/2023

South Korea’s National Pension Scheme continued financing of coal despite promise to exit sees campaigners seek redress in court.

Operational Risk

APRA Finalises Guidance on Super Fund Investment Governance

By Editors | 23/07/2023

The guidance covers liquidity management, stress testing, valuation practices, and ESG expectations.

Sustainable Finance

SEBI Introduces ESG Sub-category for Equity Schemes

By Ranamita Chakraborty | 21/07/2023

The securities regulator’s decision was driven by industry requests and the increasing demand for green financing in India.

Capital Adequacy

European Parliament Advances ESG Update to Solvency II

By ESG Investor | 21/07/2023

The position to update Solvency II includes provisions for transition planning aligned to CSRD and explicit integration of ESG risks into insurers’ risk management processes.

ESG Data

EBA to Collect Ad Hoc ESG Data for Risk Monitoring

By Ranamita Chakraborty | 20/07/2023

By analysing and reviewing the ESG data, the European Banking Authority (EBA) along with European central banks and financial regulators will be able to monitor ESG risks more effectively.

Climate Risk

CFTC Meets to Discuss Integrity in Voluntary Carbon Markets

By Editors | 19/07/2023

The CFTC held its second Voluntary Carbon Markets Convening to identify steps to ensure integrity and resilience of voluntary carbon markets.