Sustainability & ESG

    Sustainable Finance

    Tokyo Offers Subsidies to Foreign Firms in Green Finance

    By Editors | 17/10/2021

    The subsidies are available to foreign asset management and fintech companies working in the field of green finance who wish to start new businesses in Tokyo.

    Reporting & Disclosures

    TCFD Updates Guidance, Outlines Path for Future Reporting

    By ESG Investor | 14/10/2021

    Adoption of reporting framework bolstered by regulation and national commitments to mitigating climate risk, says status report.

    Structural Regulation

    Japan to Consider Removal of Quarterly Reporting Requirement

    By Editors | 13/10/2021

    While some argue quarterly reporting helps investors make more informed judgments, regulators worry it incentivises short term profit seeking behaviour.

    Sustainable Finance

    HK Regulators Offer Support for New Climate Action Plan

    By Manesh Samtani | 13/10/2021

    The Green and Sustainable Finance Cross-Agency Steering Group pledges support for the government’s Climate Action Plan 2050.

    Sustainable Finance

    Japan to Start Investing Foreign Reserves in ESG Bonds

    By Sanday Chongo Kabange | 12/10/2021

    Japan would become the first G7 government to use its foreign reserves for ESG investments, as it ramps up efforts to combat climate change.

    Climate Risk

    Treasury, Other US Agencies Release Climate Action Plans

    By Editors | 11/10/2021

    The plan outline the steps the agencies will take to ensure their facilities and operations adapt to and are increasingly resilient to climate change impacts.

    Nature & Biodiversity

    Whole Financial System Needs to Work Against Biodiversity Risk

    By ESG Investor | 11/10/2021

    NGFS-INSPIRE Study Group outlines data, analytics challenges for central banks and financial supervisors.

    Reporting & Disclosures

    Japan FSA to Mandate Climate Disclosures from April 2022 – Report

    By Ranamita Chakraborty | 11/10/2021

    Companies listed on the TSE’s ‘Prime’ market will be required to comply with mandatory climate risk disclosure requirements first.

    Sustainable Finance

    OJK Indonesia Establishes New Sustainable Finance Task Force

    By Ranamita Chakraborty | 10/10/2021

    The task force comprises 47 financial institutions including banks, securities firms, insurers, pension funds and financiers.

    Emerging Prudential Risks

    Data Gaps Initiative to Extend Past 2021: FSB, IMF

    By Editors | 08/10/2021

    A new international cooperation initiative on data gaps will be needed after the DGI concludes. Some phase 2 recommendations may not yet be complete by year-end.

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