Sustainability & ESG

Reporting & Disclosures

Singapore Taskforce Issues Second Consultation on Green Taxonomy

By Editors | 13/05/2022

The proposed traffic light-based taxonomy is accompanied by a user guide for financial institutions and companies to apply the taxonomy.

Climate Risk

KRX Seeks to Launch New Market for Carbon Futures

By Editors | 12/05/2022

A futures market would help boost liquidity in the existing K-ETS, which has allowed spot trading in carbon allowances since 2015, KRX said.

Reporting & Disclosures

SEBI to Enhance ESG Disclosure, Assurance Requirements

By Editors | 11/05/2022

A new committee will work to address mis-selling and greenwashing risks and explore the introduction of prudential requirements for ESG funds.

Reporting & Disclosures

Thai Stock Exchange Publishes Sustainability Reporting Guide

By Editors | 10/05/2022

The guide contains ESG metrics for eight industry groups and should be used to inform listed company practices for disclosing sustainability-related information.

Reporting & Disclosures

Mandatory Disclosure Needed to Address “Persistent” GHG Reporting Gap

By ESG Investor | 09/05/2022

FTSE Russell paper reveals wide variations across countries, sectors and company size for Scope 1 and 2 emissions.

Credit Risk

Human Rights Abuses Prompt Review of Cambodian Microloans

By Editors | 07/05/2022

Ombudsman agrees to review complaint from Cambodian NGOs alleging IFC funding contributed to human rights abuses in microfinance lending.

Reporting & Disclosures

UK Regulator Accuses HSBC of Greenwashing Through Advertising

By Editors | 04/05/2022

The UK’s advertising watchdog says HSBC misled customers by selectively promoting its green initiatives without mentioning its continued financing of fossil fuel businesses.

Reporting & Disclosures

EFRAG Consults on European Sustainability Reporting Standards

By ESG Investor | 03/05/2022

The double materiality-based standards are designed to underpin the EU’s Corporate Sustainability Reporting Directive.

Trading & Investment

CSRC Launches Campaign to Expand Public Funds Market

By Manesh Samtani | 03/05/2022

Banks, insurers, brokers and foreign FIs are urged to establish licensed fund management companies. Fund investment channels will be expanded and operational rules relaxed.