Reporting & Disclosures

Sustainable Finance

CIX’s Larsen Sees Case For Regulating Carbon Credits

By Jill Wong | 30/08/2023

Mikkel Larsen, Singapore-based CEO of Climate Impact X (CIX), talks to Regulation Asia about greenwashing and the scope for regulating the carbon credit market.

Supervision & Enforcement

ASIC’s New 4-Year Plan Highlights Heavy Enforcement Focus

By Editors | 29/08/2023

ASIC will target scams, digitally-enabled misconduct, predatory lending, and greenwashing, while also “closely monitoring” the use of AI.

Climate Risk

IAIS Asks ISSB to Maintain Climate Focus

By ESG Investor | 27/08/2023

The IAIS said ensuring effective implementation of the climate standard is “more important than moving into new areas”.

Climate Risk

Singapore, Sri Lanka Forge Partnership to Develop Carbon Credit Agreement

By Ranamita Chakraborty | 24/08/2023

Under the agreement, Singapore’s carbon tax-liable companies can purchase carbon credits from eligible projects to offset up to 5 percent of their taxable emissions.

Climate Risk

RBNZ Releases Results of Second Climate Risk Survey

By Sanday Chongo Kabange | 24/08/2023

Just over half of the entities have not yet undertaken climate-related scenario analysis, though all plan to do so in the next 12 months.

Climate Risk

Demand for “Credible” Net Zero Targets Rising – SBTi

By ESG Investor | 22/08/2023

Asia saw the greatest proportional growth in companies setting science-based targets, led by Japan and strong growth in China.

Sustainable Finance

BSP Signs UN-backed Principles for Responsible Investment

By Sanday Chongo Kabange | 22/08/2023

Becoming a PRI signatory will help the BSP enhance its integration of ESG factors in its investment process and decision-making.

Nature & Biodiversity

Nature “Consistently Overlooked” by Financial Institutions – CDP

By ESG Investor | 22/08/2023

The majority of institutions “lack the necessary governance mechanisms and board-level expertise” to integrate nature-related issues across operations.

Climate Risk

Rating Stability at Risk from Looming Climate Downgrades

By Hazel Ilango | 21/08/2023

Hazel Ilango discusses the need for a more sustainable, relevant and effective credit rating system that better accounts for climate-related risks.