Sustainability & ESG

Reporting & Disclosures

US SEC Charges Brazil’s Vale for “Misleading” ESG Disclosures

By ESG Investor | 28/04/2022

Brazilian mining firm Vale regularly misled local governments, communities, and investors about the safety of its Brumadinho dam through its ESG disclosures.

Climate Risk

Malaysia Advances Work on Financial Sector Sustainability

By Manesh Samtani | 28/04/2022

A new report was released assessing current sustainability practices at FIs. Work has commenced to develop a climate disclosure guide for businesses.

Sustainable Finance

F4B Proposes Governance Model for Carbon Markets

By ESG Investor | 28/04/2022

The model builds on three principles to ensure carbon markets grow rapidly, adhere to standards, and help the global economy move toward net zero.

Reporting & Disclosures

ISSB Forms Working Group to Prevent Jurisdictional Fragmentation

By Editors | 28/04/2022

The working group will seek to align work being done across jurisdictions to set standards in the field of sustainability-related financial disclosures.

Reporting & Disclosures

New UK Taskforce to Set Standards for Climate Transition Plans

By Editors | 27/04/2022

The taskforce will develop policy recommendations, sector-specific transition planning templates and guidance, and measures to tackle greenwashing.

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.