Sustainability & ESG

    Climate Risk

    PBOC Concludes First Phase of Climate Risk Stress Tests

    By Editors | 27/02/2022

    Defaults in the thermal power, steel and cement sectors may increase if companies in those sectors do not shift to low-carbon alternatives.

    Reporting & Disclosures

    HK FRC Establishes Sustainability & Climate Action Task Force

    By Editors | 24/02/2022

    The task force will provide high level recommendations on strategic actions the FRC should consider to promote sustainability reporting in Hong Kong.

    Trading & Investment

    HK Budget Includes More Borrower Relief, Capital Market Reforms

    By Manesh Samtani | 23/02/2022

    Finance Secretary Paul Chan announced measures to further reform Hong Kong’s listing rules, promote the bond market, and introduce yuan share trading in the city.

    Sustainable Finance

    BSP Calls on Banks to Adhere to Sustainable Finance Roadmap

    By Mark Johnston | 22/02/2022

    Lending to activities that are considered sustainable and environment-friendly will qualify FIs for incentives, such as preferential rediscount rates.

    Climate Risk

    Singapore Govt, MAS to Extend Support for Businesses

    By Editors | 21/02/2022

    MAS is extending its SGD facility to support SME lending. Singapore will target net zero emissions by or around 2050, which was previously the target for halving emissions.

    Sustainable Finance

    HK Government Set to Issue Inaugural Retail Green Bond

    By Sanday Chongo Kabange | 17/02/2022

    Hong Kong financial secretary Paul Chan said the issuance allows residents to “directly contribute to greening Hong Kong and share the fruit of the sustainable development”.

    Reporting & Disclosures

    India Establishes New Disclosure Framework for CSR Spending

    By Ranamita Chakraborty | 16/02/2022

    The Ministry of Corporate Affairs has released a new form for companies to use when reporting information on their CSR spending.

    Sustainable Finance

    UBS, StanChart, BNP Sign On to Join VCM Initiative

    By Editors | 16/02/2022

    The initiative, now known as Carbonplace, will seek to develop infrastructure to facilitate reliable, secure, and scalable trading of high-integrity carbon credits.

    Sustainable Finance

    JPX Commences Research On ‘Digitally Tracked Green Bonds’

    By Editors | 14/02/2022

    JPX plans to issue the bond to help it achieve carbon neutrality, while at the same time enabling investors to track its progress over time.

    Sustainable Finance

    Philippine SEC Consults on ASEAN Sustainable Fund Standards

    By Editors | 14/02/2022

    The SEC seeks views from investment firms and fund managers on their expectations for sustainable funds, including issuance trends, investment drivers, and regulatory requirements.

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