Sustainability & ESG

Sustainable Finance

JPX Launches Pilot Trading in New Carbon Credit Market

By Editors | 23/09/2022

The TSE commenced pilot trading in J-Credits, which have been circulating on a voluntary basis in Japan since 2013. Trading began with 145 registered participants.

Reporting & Disclosures

GFANZ Issues Guidance for Firms’ Transition Plans

By ESG Investor | 23/09/2022

GFANZ has released a report advising companies on the information they should disclose in their transition plans.

Reporting & Disclosures

HKGFA Publishes Guidance on Using Common Ground Taxonomy

By Manesh Samtani | 23/09/2022

The Common Ground Taxonomy can be used for debt issuance, equity portfolio construction, index creation, company and fund disclosures, and policy settings.

Reporting & Disclosures

More S&P 500 Firms Disclosing in Line with TCFD – CDP

By ESG Investor | 22/09/2022

Over half of S&P 500 firms assessed by CDP are 90-99% aligned with the TCFD key recommendations.

Climate Risk

US Banks “Ignoring Climate Emergency” – Reclaim Finance

By ESG Investor | 22/09/2022

Reclaim Finance calls on US banks to “immediately complement their net zero pledges with real action and implement robust coal policies”.

Reporting & Disclosures

Environmental Groups Take Legal Action over EU Taxonomy

By ESG Investor | 22/09/2022

Four environmental groups are set to start legal action in an attempt to prevent the EU including fossil gas in its sustainable finance rulebook.

Climate Risk

ECB Issues Bond Decarbonisation Plans

By ESG Investor | 21/09/2022

The ECB has published details of how it intends to “gradually decarbonise” the corporate bond holdings in its monetary policy portfolio.

Reporting & Disclosures

GRI Standards to Integrate Human Rights

By ESG Investor | 21/09/2022

The Global Reporting Initiative intends to better integrate consideration of human rights into its disclosure requirements.

Climate Risk

Korean Banks, Insurers Meet to Discuss Climate Stress Tests

By Editors | 21/09/2022

KB Kookmin, Shinhan, Hana and Woori, along with six insurers, participated in the first meeting of a new working group set up to prepare for the stress tests.