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Climate Risk
Indian Banks Unprepared for Climate Actions
By Jill Wong | 07/08/2023
India faces the highest climate risks but its banks are unprepared to undertake climate action, according to a new report by India-based think tank Climate Risk Horizons.

Nature & Biodiversity
ISSB Asked to Prioritise Biodiversity in Two-year Work Plan
By ESG Investor | 07/08/2023
Respondents to ISSB’s agenda priorities consultation call for focus on biodiversity and nature, progress on social and human-rights related reporting standards.

Reporting & Disclosures
The Future of Climate Reporting: A Deeper Look at ISSB, HKEX Proposals
By Siva Ramachandran | 06/08/2023
CFA Institute and CFA Society Hong Kong call for auditor oversight and proportionate approach to climate disclosure with differentiated requirements for GEM issuers.

Reporting & Disclosures
New Zealand XRB Sets Temporary GHG Assurance Standard
By Ranamita Chakraborty | 04/08/2023
From October 2024, climate reporting entities in New Zealand will need to use an internationally recognised assurance standard (ISAE or ISO) to obtain assurance over their greenhouse gas (GHG) emissions disclosures.

Reporting & Disclosures
IAASB Consults on Sustainability Assurance Standard
By ESG Investor | 04/08/2023
IAASB Chair Tom Seidenstein said external and independent assurance is needed to increase trust in corporate sustainability reporting.

Reporting & Disclosures
UK Sets Sustainability Disclosure Standards Deadline
By ESG Investor | 03/08/2023
The standards will utilise the ISSB framework as a baseline, only diverting from it “if absolutely necessary for UK specific matters”.

PEPs & Sanctions
US Lawmakers Accuse BlackRock, MSCI of Aiding China Military
By Editors | 03/08/2023
US House committee accuses BlackRock and MSCI of indirectly financing blacklisted entities that facilitate human rights abuses.

Nature & Biodiversity
How will Asia be Impacted by the EU Deforestation Regulation?
By Ranamita Chakraborty | 02/08/2023
Asia’s rapidly eroding forests are in the limelight following the EU Deforestation Regulation passed in April 2023. How will the regulation affect Asia?

Sustainable Finance
Sustainable Finance in Japan Makes Steady Progress: FSA
By Ranamita Chakraborty | 02/08/2023
The Japanese FSA’s expert panel on sustainable finance has published its third progress report on sustainable finance initiatives in the country, highlighting policy trends and updates.

Reporting & Disclosures
ISSB-aligned European Sustainability Reporting Standards Introduced
By Ranamita Chakraborty | 01/08/2023
The standards ensure strong compatibility between EU and global standards and avoid unnecessary duplicate reporting by companies.
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