Sustainability & ESG

Sustainable Finance

GFANZ Putting Pressure on APAC Oil and Gas Sector

By ESG Investor | 02/06/2023

New report from IEEFA says APAC’s oil and gas sector will increasingly struggle to secure fundraising from GFANZ member institutions.

Climate Risk

IIF, WTW Explore Metrics for Quantifying Transition Risk

By Mark Johnston | 02/06/2023

The report says emissions-based metrics do not provide a comprehensive indication of a company’s overall exposure to transition risk.

Climate Risk

NGFS to Develop Transition Planning Standards for Supervisors

By Ranamita Chakraborty | 02/06/2023

MAS head Ravi Menon, who chairs the NGFS, said guidance on transition planning will be produced to help supervisors set expectations for FIs.

AI Risk & Governance

Leading Regtech Firms Announced as Winners at Pitch! Regtech

By Editors | 01/06/2023

Judges selected Aboitiz Data Innovation, HAWK:AI, Synpulse, and Rimm Sustainability as the winners at Regulation Asia’s inaugural Pitch! Regtech event.

Reporting & Disclosures

Singapore to Consult Again on Green Taxonomy – Report

By Editors | 01/06/2023

MAS plans to issue a new consultation in the coming weeks to include additional criteria on coal phase-out in the taxonomy.

Reporting & Disclosures

Financial Institutions Press Companies on CDP Disclosure

By ESG Investor | 01/06/2023

Financial institution signatories to CDP are demanding data on climate change, deforestation and water security from more than 1,600 high-impact companies.

Reporting & Disclosures

Chinese Firms Asked to Provide Input on ISSB Priorities

By Manesh Samtani | 31/05/2023

The MOF highlighted the importance of ensuring the ISSB’s agenda can “better meet the needs of stakeholders in our country”.

Operational Risk

ORX Launches New Greenwashing Scenario Toolkit

By Editors | 30/05/2023

The toolkit is designed to support banks and insurers in creating a greenwashing scenario and help them tackle ESG-related operational risk.

Reporting & Disclosures

HKMA Consults on Prototype Green Classification Framework

By Manesh Samtani | 30/05/2023

The HKMA commissioned Climate Bonds Initiative to develop the prototype, which focuses on activities in the energy, transport, buildings, waste and water sectors.