Sustainability & ESG

Sustainable Finance

Korea Establishes New Guidelines on Green Finance

By Editors | 13/12/2024

The guidelines are not mandatory, but regulators will encourage FIs to apply them on a voluntary basis to facilitate a seamless supply of green finance.

Trading & Investment

Bursa Malaysia Lists World’s First ETF With Waqf Feature

By Editors | 13/12/2024

The listing comes after Bursa Malaysia enhanced its listing requirements in March last year to facilitate listings of ETFs with Waqf features.

Climate Risk

APRA Publishes Details on Insurance Climate Vulnerability Assessment

By Thisanka Siripala | 11/12/2024

APRA said the insurance CVA will model insurance affordability at Australia’s five largest general insurers based on three climate scenarios.

Reporting & Disclosures

Hong Kong Launches Sustainability Disclosure Roadmap

By Sanday Chongo Kabange | 11/12/2024

Large publicly accountable entities including financial institutions will be required to fully adopt the ISSB standards by 2028.

Reporting & Disclosures

Goldman Sachs Withdraws from Net-Zero Banking Alliance

By Thisanka Siripala | 11/12/2024

The bank said it will continue to advance its net zero goals and that its priorities remain to help clients achieve their sustainability goals.

Reporting & Disclosures

PCAF to Refine Methodologies for Reporting Financed Emissions

By ESG Investor | 08/12/2024

PCAF is consulting until 28 February 2025 on new methodologies for the global GHG accounting and reporting standard.

Reporting & Disclosures

NZAOA Backs Mandatory Disclosure of Scope 3 Emissions

By ESG Investor | 06/12/2024

The UN-convened Net Zero Asset Owner Alliance said regulators should mandate corporate Scope 3 reporting and provide more guidance.

Emerging Prudential Risks

Geopolitical Risk Seen as Top Risk to Financial Industry in 2025

By Editors | 05/12/2024

The top threats to the financial industry identified in DTCC’s latest Systemic Risk Barometer Survey were geopolitical risk and cyber risk.

Reporting & Disclosures

MAS Issues Guidance for ESG Funds on Good Disclosure Practices

By Nithya Subramanian | 05/12/2024

The information paper aims to promote clear disclosures to help retail investors understand the key features and risks of ESG funds.