Investors with at least 10% of a REIT's units can nominate directors. The amendments also introduce the concept of self-sponsored REITs.
August 24, 2023Satoshi Ikeda, Chief Sustainable Finance Officer at Japan’s Financial Services Agency, is targeting increased action among asset owners.
October 4, 2022While there has been a surge of data disclosure in Asia, the lack of a unified set of rules across the region opens the door for inconsistencies.
August 3, 2022The new code seeks to enhance board independence, promote board diversity, and increase attention on sustainability and ESG issues.
June 17, 2021Large companies will have to disclose ESG information from 2025. This will expand to all KOSPI-listed companies from 2030.
January 15, 2021Ahead of COP26 in November, a plethora of regulatory and legislative changes as well as industry-level initiatives will drastically impact the ESG investing space.
January 14, 2021Among the 11 key recommendations to help facilitate change, New Zealand's roadmap involves the introduction of a new stewardship code for financial institutions.
November 11, 2020KRX will also launch a centralised platform where investors can obtain the investment information and disclosures of each bond, as it seeks to bolster ESG bond markets.
June 5, 2020The new stewardship code for mutual funds is deferred three months. Portfolio managers, AIFs, and VC funds have two more months to comply with new disclosure requirements.
April 1, 2020Existing signatories have six months to update their disclosures to reflect the revisions, which include expectations to incorporate sustainability considerations in investment decisions.
March 25, 2020