Sustainability & ESG

    Sustainable Finance

    Shanghai, Shenzhen Bourses Update Green Bond Guidelines

    By Editors | 17/07/2021

    Carbon neutrality bonds and blue bonds have been added under the green bond chapter. Requirements on the use of proceeds from such issuances are defined.

    Reporting & Disclosures

    Exchanges Demonstrate Leadership in Sustainability Matters: WFE

    By Editors | 17/07/2021

    An annual WFE survey shows that ESG is increasingly becoming an integral part of exchanges’ strategies and ethos.

    Climate Risk

    SGX Pledges to Reduce Emissions, Support Steel Decarbonisation

    By Ranamita Chakraborty | 16/07/2021

    As part of efforts to help the commodities ecosystem progress to a more sustainable future, SGX plans to introduce greener contracts in scrap and battery metals next year.

    Sustainable Finance

    Hong Kong Launches Centre for Green and Sustainable Finance

    By Manesh Samtani | 15/07/2021

    The Centre will serve as a cross-sector platform to coordinate the transition efforts and serve as a repository for resources, data and analytics.

    Sustainable Finance

    New Governance Body to Unify Global Carbon Markets

    By Ranamita Chakraborty | 14/07/2021

    A new governance body will be formed to standardise operations of voluntary carbon markets and unify them behind a consistent set of values and standards.

    KYC & CDD

    Covid-19 Forced Companies to Short-cut KYC, Due Diligence

    By Ranamita Chakraborty | 13/07/2021

    A new Refinitiv report has found that Covid-19 substantially increased customer and third-party risks. Yet it also increased focus on ESG and green crime.

    Climate Risk

    International Organisations to Launch Climate Training Alliance

    By Editors | 12/07/2021

    The initiative will see the establishment of a dedicated online portal for global training on climate risks for central banks and supervisors.

    Climate Risk

    G20 Endorses Use of Carbon Pricing Mechanisms, Incentives

    By Manesh Samtani | 12/07/2021

    The use of carbon pricing mechanisms and incentives was included in the G20 communique among the set of tools to facilitate the transition to a more sustainable economy.

    Emerging Prudential Risks

    The Resilience Imperative: Succeeding in Uncertain Times

    By Gabriele Vigo | 11/07/2021

    Strengthening financial institutions’ resilience has never been more important, say Gabriele Vigo and Olivia White at McKinsey.

    Reporting & Disclosures

    Taiwan FSC Tightens Rules for ESG-themed Funds

    By Sanday Chongo Kabange | 08/07/2021

    Asset managers are required to set one sustainability goal and explain how their investments help achieve that goal.

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