Sustainability & ESG

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.

Sustainable Finance

India’s Pension Regulator Approves Investment in Sovereign Green Bonds

By Ranamita Chakraborty | 19/07/2023

The Pension Fund Regulatory and Development Authority said pension funds will be allowed to invest in sovereign green bonds.

Climate Risk

NZ FMA Issues Guidance on Climate-related Scenario Analysis

By Sanday Chongo Kabange | 19/07/2023

The information sheet offers guidance on the disclosures firms have to make about the methods and assumptions underlying their scenario analysis and how the process has been conducted.

Sustainable Finance

China Aligns 193 Outstanding Green Bonds against Common Ground Taxonomy

By Ranamita Chakraborty | 18/07/2023

The Common Ground Taxonomy provides a comprehensive mapping and comparison analytical tool between the EU and China’s green finance taxonomies, specifically covering activities that help combat climate change.

Reporting & Disclosures

GRI May Merge with ISSB, Says CEO

By ESG Investor | 18/07/2023

Jurisdictions urged to avoid misalignment when integrating ISSB standards to avoid investor confusion and aid decision-making.

Climate Risk

IOSCO Issues Final Recommendations on Compliance Carbon Markets

By Editors | 18/07/2023

IOSCO’s final report sets out twelve key recommendations on establishing and enhancing compliance carbon markets, drawing from the experiences of traditional financial markets.