Sustainability & ESG

Sustainable Finance

Stewardship Dialogue Must be Ongoing – FCA

By ESG Investor | 13/05/2023

UK regulator seeks evidence of barriers to collaborative engagement, expects consultation responses to feed into review of ‘macro’ stewardship.

Climate Risk

US Fed Governor Questions Need for Special Focus on Climate Risk

By Mark Johnston | 12/05/2023

Climate change is real, but not a serious risk to financial stability, Fed Governor Waller said in a speech in Madrid.

Sustainable Finance

New Investment Models Needed for Net Zero Goals

By ESG Investor | 12/05/2023

Speaking at ESG Investor’s inaugural Stewardship Summit, UNEP FI’s David Carlin says transition finance flows to developing economies are too low to meet net zero targets.

Reporting & Disclosures

ISSB Consults on International Applicability of SASB Standards

By Editors | 12/05/2023

The ISSB is consulting on a proposed methodology for improving the international applicability of the SASB Standards and removing regional bias.

Reporting & Disclosures

Bursa Malaysia, Mah Sing, Alliance Bank to Collaborate on ESG

By Editors | 12/05/2023

Alliance Bank will offer Mah Sing Group’s suppliers, contractors, and consultants incentives to reward them for improving their carbon footprint.

Supervision & Enforcement

ASIC to ‘Sharpen Focus’ on Misconduct by Credit Providers

By Editors | 11/05/2023

Deputy chair Sarah Court said credit providers and debt management firms that take advantage of vulnerable consumers are in ASIC’s sights.

Sustainable Finance

Japan’s GFANZ Chapter to Support APAC Transition

By ESG Investor | 11/05/2023

The Japan Chapter will support local financial institutions as they work to decarbonise across all sectors of the economy and “seize transition-related opportunities”.

Sustainable Finance

New Carbon Market Guidance for Host Countries

By ESG Investor | 11/05/2023

VCMI published guidance for host countries of VCM projects to develop a clear and stable regulatory environment.

Reporting & Disclosures

ASIC Offers Guidance on Avoiding Greenwashing Penalties

By Editors | 11/05/2023

ASIC has taken 35 actions against greenwashing since July 2022. It has several other investigations underway and anticipates further regulatory action.