Sustainability & ESG

Nature & Biodiversity

WWF Calls for Supervisory Action to Address Biodiversity Loss

By Manesh Samtani | 17/07/2021

Capital requirements should be enhanced when institutions are exposed to sectors detrimental to the environment, says a new WWF report.

Sustainable Finance

China Commences Trading on Newly Launched Carbon Market

By Sanday Chongo Kabange | 17/07/2021

Trading commenced on the Shanghai Environment and Energy Exchange on Friday, covering emissions from over 2000 power companies.

Emerging Prudential Risks

Climate Stress Tests Will Inform Supervisory Discussions

By Manesh Samtani | 17/07/2021

Climate stress test exercises will likely become the basis of supervisory discussions regarding bank business models, internal governance and risk management.

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.