Sustainability & ESG

Climate Risk

UK to Launch Post-Brexit Carbon Trading Scheme in May

By ESG Investor | 02/03/2021

The UK’s emissions trading scheme is “unlikely” to diverge too much from the EU’s regime, says Hæge Fjellheim, Head of Carbon Research at Refinitiv.

Sustainable Finance

China, US to Co-Chair G20 Sustainable Finance Study Group

By Editors | 02/03/2021

The Sustainable Finance Study Group is being re-established after a two-year suspension, with the PBOC and the US Treasury as its co-chairs.

Structural Regulation

Japan FSA Set to Revise Corporate Governance Code

By Editors | 02/03/2021

The new code will require listed companies to have more independent board directors, promote management diversity, and improve environmental disclosures.

Climate Risk

Malaysian FIs to Start Applying Climate Risk Taxonomy

By Editors | 02/03/2021

Financial institutions will begin capturing exposures based on the Climate Change and Principles-Based Taxonomy over the course of 2021.

Reporting & Disclosures

SEBI to Issue ESG Disclosure Guidelines for Listed Companies

By Editors | 02/03/2021

Chairman Ajay Tyagi said SEBI will issue new guidelines “soon”, with a view to achieving greater transparency and accountability from listed companies on ESG.

Climate Risk

BOJ, FSA to Analysis Climate Impacts on Banks This Year

By Editors | 02/03/2021

The BOJ will reportedly work with the FSA to analyse the impact of climate risks on banks in this year’s examinations.

Climate Risk

Former SEC Chairman Embraces Climate-Related Disclosure

By ESG Investor | 01/03/2021

Jay Clayton had previously defended voluntary ESG disclosures as opposed to mandatory, insisting that flexible requirements would be effective.

Emerging Prudential Risks

IOSCO Publishes Work Programme for 2021-2022

By Editors | 28/02/2021

New priorities will be to address the risks of NBFI activities and risks exacerbated by the Covid-19 pandemic such as misconduct, fraud and operational resilience.

Sustainable Finance

Is a Global Taxonomy the ‘Investment Highway’ to a Net-Zero Transition?

By ESG Investor | 27/02/2021

ESG Investor talked to sustainable finance experts and stakeholders on the forms a global taxonomy should take to scale climate finance internationally.