Sustainability & ESG

    Reporting & Disclosures

    Panel 1: Global Challenges, Local Solutions: ESG Taxonomies in Asia

    By Editors | 31/10/2022

    By looking at the nuances between the EU and ASEAN Taxonomy and the ESG disclosure rules in the US, this panel explores how these taxonomies and disclosure rules can complement each other to potentially create a cohesive taxonomy system that can help nation states, FIs and corporates reach their ESG goals.

    Climate Risk

    GFANZ ‘Quiet Quits’ Race to Net Zero

    By ESG Investor | 30/10/2022

    The GFANZ 2022 progress report appeared to confirm the alliance’s intention to allow member groups to set their own path to net zero.

    Fraud, Scams & Cybercrime

    Australia: Budget Measures Provide Boost to Scam Prevention

    By Editors | 30/10/2022

    The budget also includes funding for APRA and ASIC to increase their staff numbers, an independent review of the carbon market, and the introduction of climate reporting standards.

    Sustainable Finance

    HKEX Launches Carbon Market to Support Net Zero Transition

    By Sanday Chongo Kabange | 30/10/2022

    The new platform will allow participants to source, hold, trade, settle and retire voluntary carbon credits from internationally-certified carbon projects.

    Structural Regulation

    China Eases Foreign Investment Access With New Catalogue, Incentives

    By Editors | 30/10/2022

    The catalogue lists 519 sectors in which foreign investment are encouraged. Measures to facilitate foreign investment and attract foreign talent were also announced.

    Reporting & Disclosures

    ASIC Issues First Penalty Over Greenwashing Concerns

    By Editors | 29/10/2022

    ASIC said Tlou Energy made “false or misleading sustainability-related statements” in materials filed with ASX about its energy production.

    Reporting & Disclosures

    Singapore to Host Platform to Unify Carbon Market Registry Data

    By Editors | 29/10/2022

    Climate Action Data Trust, or CAD Trust, will link, aggregate and harmonise all major carbon market registry data, and help with reporting under Article 6 of the Paris Agreement.

    Climate Risk

    SGX to Launch Futures Based on MSCI Climate Action Indexes

    By Editors | 28/10/2022

    Futures contracts based on MSCI’s new Climate Action Indexes will help investors reduce the carbon footprint of their portfolios and drive investment into climate transition efforts.

    Conduct, Culture & Accountability

    SGX RegCo Consults on Independent Director Tenure Limit

    By Editors | 28/10/2022

    The consultation also proposes to require listed companies to disclose director and CEO remuneration in annual reports on a named basis.

    Reporting & Disclosures

    Three in Five Lenders Not Reporting Emissions

    By ESG Investor | 27/10/2022

    Roughly 60% of lenders are yet to report any absolute financed emissions data, according to a report by Bloomberg Intelligence.

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