Sustainability & ESG

    Sustainable Finance

    Florida to Divest $2bn from BlackRock Over ESG Objections

    By Editors | 05/12/2022

    Florida CFO Jimmy Patronis describes BlackRock’s ESG strategy as a “social-engineering project” that has “nothing to do with maximizing returns”.

    Reporting & Disclosures

    The Legal and Regulatory Risks of ESG “Greenwashing” in Hong Kong

    By Stephanie Tsui | 02/12/2022

    Stephanie Tsui and Mark Lin at Hogan Lovells discuss the legal framework and tools available in Hong Kong to combat greenwashing behaviour.

    Reporting & Disclosures

    ASIC Fines Vanguard Australia for ‘Greenwashing’ in Funds

    By Editors | 02/12/2022

    Vanguard’s exclusion was meant to prevent investment in companies that sell tobacco products, but its screen only excluded manufacturers and not sellers.

    Sustainable Finance

    SC Malaysia Consolidates Islamic Capital Market Guidelines

    By Editors | 01/12/2022

    The consolidated guidelines introduce a new chapter dedicated to ‘waqf’ and introduce additional requirements on Islamic fund management business.

    Sustainable Finance

    SOEs Undermine Credibility of China Green Finance Market

    By Christina Ng | 01/12/2022

    The IEEFA’s Christina Ng says China’s state-owned enterprises continue to allocate up to half of their green bond proceeds to non-green projects.

    Climate Risk

    APRA Unveils Results of Big Bank Climate Vulnerability Assessments

    By Editors | 01/12/2022

    The CVA results suggest that climate risk impacts and bank loan losses are likely to be concentrated in specific regions and industries.

    Reporting & Disclosures

    Climate Disclosures to be Mandatory for Taiwan FIs in 2024

    By Editors | 30/11/2022

    FIs will have to disclose climate-related information in annual reports and public offering documents for securities issuance.

    Reporting & Disclosures

    TCFD Disclosures Not Delivering Decision-Useful Information

    By ESG Investor | 30/11/2022

    While the number of companies producing climate-related disclosures is increasing, less than half are including decision-useful information, says Manifest Climate.

    Sustainable Finance

    COP27: What Lies Ahead for the Future of Climate Finance?

    By Michael Sheren | 29/11/2022

    MVGX President Michael Sheren discusses key takeaways from COP27 and the importance of regulation and high-integrity standards for carbon markets.

    Sustainable Finance

    SGX to Help Investors Identify Bonds Meeting Sustainability Standards

    By Editors | 29/11/2022

    Issuers that meet certain recognised standards will be able to use an ‘SGX Sustainable Fixed Income’ mark to identify their securities.

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