ESG / SUSTAINABILITY

ESG / Sustainability

IIGCC Issues Final Net Zero Infrastructure Guidance

By ESG Investor | 23/03/2023

The IIGCC guidance allows investors to assess alignment based on six criteria, including whether targets cover all scopes of emissions.

ESG / Sustainability

Biden Blocks Anti-ESG Bill; Texas to Divest from HSBC

By Editors | 23/03/2023

HSBC was added to a list that will requires state governmental entities in Texas to divest from all of the bank’s publicly traded securities within 360 days.

ESG / Sustainability

FCA: ESG Benchmarks Have Potential for “Widespread Failings”

By ESG Investor | 23/03/2023

Following a review of ESG benchmarks, the FCA warned that poor-quality disclosures about methodologies and thresholds could contribute to greenwashing.

ESG / Sustainability

StoneX, ACX Launch US Digital Carbon Marketplace

By ESG Investor | 23/03/2023

Financial services firm StoneX and Singapore-based AirCarbon Exchange have signed an agreement to create a US-based digital carbon marketplace.

ESG / Sustainability

Malaysia to Launch Sustainability Reporting Platform in April

By Editors | 23/03/2023

UMW Corp and Maybank will be early adopters of the platform, which was developed by Bursa Malaysia in collaboration with LSEG.

ESG / Sustainability

HKMA Chief Outlines Plans to Continue Developing Green Bond Market

By Sanday Chongo Kabange | 21/03/2023

At ASIFMA’s event on Friday, Eddie Yue said some future green bonds will be set aside for MPF funds, and that Hong Kong’s green bond programme will expand to cover sustainable bonds.

ESG / Sustainability

ASEAN Regulators to Strengthen Collaboration with ISSB

By Editors | 21/03/2023

The ASEAN Capital Markets Forum will release v2 of the ASEAN Taxonomy and launch a Sustainable Finance Knowledge Hub this month.

ESG / Sustainability

APAC Firms Targeting ESG Metrics in Exec Pay “Surge” – WTW

By ESG Investor | 21/03/2023

Public companies across APAC are increasingly integrating ESG metrics into their executive remuneration programmes, says investment consultancy firm WTW.

ESG / Sustainability

IPCC: Remove Climate Finance Barriers to Avert Decline

By ESG Investor | 20/03/2023

There is sufficient global capital to rapidly reduce GHG emissions if existing barriers are reduced, the IPCC says in a new report.