Sustainability & ESG

Reporting & Disclosures

ACCC Internet Sweep Reveals Widespread Greenwashing by Businesses

By Sanday Chongo Kabange | 03/03/2023

Out of 247 businesses reviewed during the ACC’s internet sweep, 57 percent made “concerning claims about their environmental credentials”.

Reporting & Disclosures

Japan Sets Timeline for Domestic Implementation of ISSB Standards

By Editors | 03/03/2023

Japan will issue draft sustainability disclosure standards based on the ISSB standards by 31 March 2024, and final standards by 31 March 2025.

Sustainable Finance

UK, Singapore Establish ‘Green Economy’ Cooperative Framework

By Editors | 03/03/2023

The UK and Singapore will cooperate in the areas set out under three pillars – one being carbon markets and sustainable finance.

Reporting & Disclosures

US Senate Votes to Overturn ESG Investing Rule for Retirement Funds

By Mark Johnston | 02/03/2023

The US Senate voted to repeal a Labour Department rule that allowed managers of retirement funds to consider ESG factors in their investments.

Sustainable Finance

Ten Ways to Finance India’s Just Transition

By ESG Investor | 02/03/2023

Investing in a socially responsible net zero represents a “multi-trillion, multi-decade investment opportunity”, according to group of multi-stakeholders.

Reporting & Disclosures

NZX Amends Corporate Governance Code to Raise ESG Bar

By Sanday Chongo Kabange | 02/03/2023

The amendments cover ethics training, director independence, diversity policies, conflicts of interest, and ESG and climate reporting.

Sustainable Finance

EU Strikes Deal on Green Bonds Standard

By ESG Investor | 01/03/2023

Negotiators of the European Council and Parliament have reached an agreement on a voluntary standard for EU green bonds (EuGB).

Trading & Investment

LSEG, SZSE Agree to Collaborate on Capital Markets Development

By Editors | 01/03/2023

LSEG and SZSE will collaborate on product innovation, depository receipts, and index development, among other areas.

Reporting & Disclosures

ASIC Commences First Court Action for Alleged Greenwashing

By Sanday Chongo Kabange | 28/02/2023

ASIC alleges Mercer Superannuation made misleading statements about investment options that were marketed as suitable for members ‘deeply committed to sustainability’.