Reporting & Disclosures

    News Coverage on regulatory mandates, standards and challenges in ESG reporting and sustainability disclosures for financial and non-financial entities.

    Climate Risk

    HKMA Issues Draft Guideline for Banks on Climate Risk Management

    By Manesh Samtani | 21/07/2021

    The guideline includes expectations on governance, strategy, risk management and disclosure. The HKMA plans to allow a 12-month period for implementation.

    Sustainable Finance

    Shanghai, Shenzhen Bourses Update Green Bond Guidelines

    By Editors | 17/07/2021

    Carbon neutrality bonds and blue bonds have been added under the green bond chapter. Requirements on the use of proceeds from such issuances are defined.

    Reporting & Disclosures

    Exchanges Demonstrate Leadership in Sustainability Matters: WFE

    By Editors | 17/07/2021

    An annual WFE survey shows that ESG is increasingly becoming an integral part of exchanges’ strategies and ethos.

    Sustainable Finance

    Hong Kong Launches Centre for Green and Sustainable Finance

    By Manesh Samtani | 15/07/2021

    The Centre will serve as a cross-sector platform to coordinate the transition efforts and serve as a repository for resources, data and analytics.

    Sustainable Finance

    New Governance Body to Unify Global Carbon Markets

    By Ranamita Chakraborty | 14/07/2021

    A new governance body will be formed to standardise operations of voluntary carbon markets and unify them behind a consistent set of values and standards.

    Climate Risk

    International Organisations to Launch Climate Training Alliance

    By Editors | 12/07/2021

    The initiative will see the establishment of a dedicated online portal for global training on climate risks for central banks and supervisors.

    Climate Risk

    G20 Endorses Use of Carbon Pricing Mechanisms, Incentives

    By Manesh Samtani | 12/07/2021

    The use of carbon pricing mechanisms and incentives was included in the G20 communique among the set of tools to facilitate the transition to a more sustainable economy.

    Reporting & Disclosures

    Taiwan FSC Tightens Rules for ESG-themed Funds

    By Sanday Chongo Kabange | 08/07/2021

    Asset managers are required to set one sustainability goal and explain how their investments help achieve that goal.

    Climate Risk

    FSB Urges Greater Coordination on Climate-related Risks

    By Manesh Samtani | 07/07/2021

    The interconnected nature of climate-related financial risks and the growing body of work to address them reinforce the need for coordinated action, the FSB says.

    Reporting & Disclosures

    CSRC Includes Carbon Emissions in Revised Disclosure Rules

    By Editors | 02/07/2021

    Listed companies are required to disclose carbon emissions and environmental impacts, and voluntarily disclose measures to reduce carbon emissions.

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