Sustainability & ESG

Climate Risk

Basel Committee Calls for Adaption to Climate Risks

By ESG Investor | 14/04/2021

Two new reports from the BCBS outline banking system exposure to climate-related risks and recommend methodologies be adapted accordingly.

Reporting & Disclosures

The ESG Interview: Making Climate Data Comparable

By ESG Investor | 14/04/2021

IOSCO Chair Ashley Alder believes we’re in sight of “a real step change” in sustainability reporting, writes Chris Hall at ESG Investor.

Reporting & Disclosures

New Zealand Introduces Law on Mandatory Climate Disclosures

By Manesh Samtani | 13/04/2021

Once the bill is passed, disclosures will be required for financial years commencing in 2022, meaning the first disclosures for around 200 organisations will be made in 2023.

Reporting & Disclosures

New TSE Chief Eyes ESG Focus In Reorganisation Plan

By Sanday Chongo Kabange | 12/04/2021

Chief executive Hiromi Yamaji says the TSE will urge companies to step up efforts on ESG issues based on their market classification.

Sustainable Finance

Japan Consults on Climate Transition Finance Guidelines

By Manesh Samtani | 12/04/2021

The guideline has been drafted in accordance with the Climate Transition Finance Handbook published by ICMA in December.

Structural Regulation

China to Open Foreign Access to Hainan Financial Services Sector

By Sanday Chongo Kabange | 12/04/2021

Foreign FIs will be encouraged to establish joint venture banks with local firms. Foreign investors will be allowed to invest in financial products issued by Hainan FIs.

Emerging Prudential Risks

G20 to Use All Available Policy Tools for As Long As Required

By Manesh Samtani | 11/04/2021

G20 Finance Ministers and Central Bank Governors committed to avoiding any premature withdrawal of Covid-19 support measures, in line with the FSB’s recommendations.

ESG Data

IMF Launches Climate Change Indicators Dashboard

By Editors | 08/04/2021

The platform brings together experimental climate change indicators to fill existing data gaps and allow comparisons across countries.

Nature & Biodiversity

NGFS, INSPIRE to Study Financial Risks of Biodiversity Loss

By Editors | 07/04/2021

The research will seek to understand how central banks and supervisory authorities can fulfil their financial stability mandates in the context of biodiversity loss.