Sustainability & ESG

Climate Risk

APRA Outlines Next Steps in Key Climate-related Initiatives

By Sanday Chongo Kabange | 15/03/2021

APRA will consult on a draft prudential practice guide on climate change financial risk within H1. The first results of big banks’ climate vulnerability assessments will be ready by Q4.

Reporting & Disclosures

Global ESG Investing Qualification Launched by CFA Institute

By ESG Investor | 15/03/2021

Originally created by the CFA Society of the UK, the Certificate in ESG Investing will now be made available in financial hubs globally.

Reporting & Disclosures

GFIT Taxonomy Should Recognise Efforts to Become Greener

By Manesh Samtani | 14/03/2021

The Japanese Bankers Association says the taxonomy should support not only ‘pure green’ activities and technologies, but also efforts to ‘become green/greener’.

Sustainable Finance

OJK Signs Cooperation Agreements With AMDB, OECD

By Sanday Chongo Kabange | 13/03/2021

The agreement with AMDB will enhance cooperation including in the supervision of financial institutions in Indonesia and Brunei.

KYC & CDD

SWIFT Embeds ESG Due Diligence in KYC Registry

By Editors | 11/03/2021

The integration of the ICC’s Guidelines into SWIFT’s KYC Registry allows corporates to only complete and update a single form to provide ESG information to different banking partners.

Sustainable Finance

The ESG Interview: Asia Plots its Own Path

By ESG Investor | 11/03/2021

Mercer’s Alexis Cheang sees parallels and differences in the approaches of the region’s asset owners and policy-makers.

Sustainable Finance

MAS to Place $2bn With Green Asset Managers ‘Soon’

By Manesh Samtani | 09/03/2021

Ravi Menon said MAS has identified the asset managers who will participate in the Green Investments Programme announced in November 2019.

Climate Risk

PwC Offers ESG Risk Management Recommendations for Banks

By Manesh Samtani | 09/03/2021

Banks need to adopt training and change management programmes to ensure employees embrace ESG risk management as a requirement and discipline.

Climate Risk

BOJ Governor Says Climate Change Should Guide Monetary Policy

By Editors | 08/03/2021

The BOJ must speed up research and deepen its understanding of climate change and its impacts on monetary policy, Governor Haruhiko Kuroda told parliament.