Sustainability & ESG

Structural Regulation

IOSCO Issues Recommendations to Develop Emerging Capital Markets

By Editors | 04/11/2020

IOSCO outlines the main challenges emerging markets face when developing their capital markets, also exploring opportunities offered by sustainable finance and fintech.

Climate Risk

China Drafts Rules for National Carbon Emissions Trading Scheme

By Editors | 04/11/2020

Companies will have to issue emissions reports, subject to strict disclosure and verification requirements, which will be used to determine the allowances they can trade.

Climate Risk

‘Global Asia Insurance Partnership’ to Launch in January

By Editors | 04/11/2020

GAIP will incubate new risk financing solutions for emerging risks in Asia and serve as a policy think tank, initially focusing on pandemic risk and climate risk.

Climate Risk

Korea Exchange Joins and Declares Support for TCFD

By Sanday Chongo Kabange | 03/11/2020

KRX joins the Ministry of Environment, Shinhan Financial Group, KG Financial Group, Posco and SK Innovation in declaring its support for the TCFD.

Reporting & Disclosures

ESG Risk Disclosure Standards Would Support Bank Stress Tests – Fitch

By ESG Investor | 01/11/2020

Ratings agency puts case for integration of ESG risks into financial reporting using “common set of internationally comparable metrics”.

Sustainable Finance

PRI Offers Guidance on Asset Owner Relationships with Asset Managers

By ESG Investor | 30/10/2020

The new series offers guidance on the selection, appointment and monitoring of investment managers, reflect growing demand for sustainable investment.

Reporting & Disclosures

Support for TCFD Climate Disclosure Recommendations Rising

By ESG Investor | 30/10/2020

Asset manager and asset owner reporting to clients and beneficiaries may not be sufficient, says a new report from the TCFD.

Climate Risk

RBNZ Governor Calls for Collective Response to Climate Risks

By Shruti Khairnar | 30/10/2020

RBNZ has started reporting its own verified carbon footprint in its annual report, and is working on integrating climate risks into its supervision frameworks.

Reporting & Disclosures

AIMA, Simmons & Simmons Launch ESG Primer for Asia Fund Managers

By Editors | 30/10/2020

The primer contains key concepts and taxonomy, recent regulatory developments impacting Asia fund managers, and a checklist for developing an ESG strategy and roadmap.