Sustainability & ESG

Reporting & Disclosures

New Guidance for Asset Owners on UNGP Roadmap

By ESG Investor | 27/04/2022

The BSR report explains how adopting a human rights-based approach to finance can strengthen the impact of ESG practices.

Sustainable Finance

CBIRC Directs Banks to Finance Green Highway Construction

By Editors | 27/04/2022

Banks are asked to provide financing support for government highway projects and optimise the repayment arrangements for such projects.

Reporting & Disclosures

Leading Banks Fail to Account for Climate in Financial Statements

By ESG Investor | 27/04/2022

KPMG analysis finds most major banks and auditors are not yet focused on climate-related reporting.

Reporting & Disclosures

China Plans to Adopt ISSB Sustainability Reporting Standards

By Darien Choong | 27/04/2022

The CSRC is currently asking A-share companies to disclose their ESG information on a voluntary basis, but in time they will be required to adopt international standards.

Climate Risk

IIGCC Launches New Investor Climate Engagement Toolkit

By ESG Investor | 26/04/2022

Stewardship and corporate engagement are “vital levers” to ensure companies meet decarbonisation targets, says IIGCC CEO.

Reporting & Disclosures

Malaysia to Enhance Governance at State-backed Investment Firms

By Mark Johnston | 24/04/2022

Among other things, the PGG recommends that female directors comprise a minimum 30 percent of a GLIC’s board.

Cloud & Infrastructure

CSRC Issues Standards for Fund Managers, Carbon Products

By Darien Choong | 23/04/2022

The new series of financial industry standards cover data governance of fund companies, carbon financial products, and mobile app design.

Trading & Investment

Sri Lanka Must Provide ‘Adequate Assurances’ for IMF Assistance

By Duruthu E Chandrasekera | 22/04/2022

The UNDP says Sri Lanka should introduce a temporary basic income and negotiate “debt-for-nature” swaps. The stock market has been closed all week.

Reporting & Disclosures

UK FCA Finalises Rules on Board Diversity Disclosure, Targets

By Editors | 21/04/2022

At least 40 percent of the board, and at least one senior position, should be held by women. Disclosures requirements apply for accounting periods starting 1 April 2022.