Reporting & Disclosures

Climate Risk

EU ETS Reform Proposal Falls at Parliamentary Hurdle

By ESG Investor | 09/06/2022

Some MEPs argued this would result in more emissions in the short term, choosing to vote down the “weaker” proposal altogether, causing delays.

Sustainable Finance

China Launches Transition Bonds for Eight ‘Dirty’ Industries

By Darien Choong | 09/06/2022

Huaneng, Hualu Group and Baosteel have become the first companies to issue transition bonds, marking the official launch of the pilot programme.

Reporting & Disclosures

EU Lawmakers Agree Gender Diversity Directive

By Editors | 08/06/2022

The law will require EU listed companies to have women take up at least 40% of non-executive board seats, or 33% of all director posts, by mid-2026.

Climate Risk

Squelching Dissent Could Harm Credibility of ESG Policy

By Peter Guy | 08/06/2022

The climate action message has become strident, repetitious, and mired in intolerance, putting at risk the still-fragile credibility the movement has built thus far.

Sustainable Finance

Five Banks Join HKMA-IFC Green Banking Initiative

By Editors | 08/06/2022

BOCHK, Citi, Crédit Agricole CIB, HSBC and StanChart will work closely with IFC and HKMA to advocate client adaptation and promote green finance.

Reporting & Disclosures

TWSE Launches New ESG Disclosure Platform

By Editors | 07/06/2022

Listed companies are required to disclose the relevant information, or explain why they cannot, within six months of the end of each fiscal year.

Sustainable Finance

CBIRC Gives FIs One Year to Establish Green Finance Systems

By Darien Choong | 05/06/2022

Banks and insurers are instructed to have their green finance management systems and procedures in place by 1 June 2023.

ESG Data

ESG Ratings Diverge Substantially, with Real-Economy Impact

By ESG Investor | 04/06/2022

Analysis across KLD, Sustainalytics, Moody’s ESG, S&P Global, Refinitiv and MSCI finds significant differences in how indicators are measured.

Reporting & Disclosures

ESMA Issues Supervisory Guidance on Greenwashing in Funds

By Editors | 04/06/2022

ESMA says administrative measures, including enforcement, may be appropriate in cases where SFDR disclosures are misleading or do not match fund documentation.