Sustainability & ESG

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.

Reporting & Disclosures

Japan FSA Issues Proposal to Revise Corporate Governance Code

By Manesh Samtani | 07/04/2021

The changes will improve board independence, promote board diversity, and enhance climate-related and ESG disclosures by top-tier listed companies.

Emerging Prudential Risks

Premature Withdrawal of Support May Threaten Financial Stability: FSB

By Manesh Samtani | 07/04/2021

As public support is phased out, the ability of banks and non-bank financial institutions to bear risks and provide financing will be critical, the FSB says.

Reporting & Disclosures

SEBI Approves Listing Rule Changes, New ESG Reporting Requirements

By Editors | 02/04/2021

The new reporting requirements set the stage for taking a leap for better disclosures in the ESG space in India, SEBI said.

Climate Risk

Regulators Should Require FIs to Consider Climate Risk: NGFS

By ESG Investor | 01/04/2021

Climate risks may be underestimated due to a lack of internal scenario analysis by financial institutions, the NGFS warns in a new report.

Reporting & Disclosures

IOSCO Forms Working Group to Aid IFRS Sustainability Project

By Editors | 31/03/2021

The MAS and US SEC will co-lead the new technical working group, which will help develop technical recommendations needed for new sustainability reporting standards.

Climate Risk

BOJ, FSA Highlight Ongoing Initiatives to Address Climate Risk

By Manesh Samtani | 31/03/2021

Bank examinations will include assessments of efforts to address climate-related risks, and work is underway to identify possible approaches to climate-related scenario analysis.