ESG / SUSTAINABILITY

Capital / Liquidity

FIs’ Climate-related Risk Capture Incomplete, says BoE

By ESG Investor | 15/03/2023

Existing capability and regime gaps “create uncertainty” over whether financial institutions are adequately capitalised for future climate-related losses, says the Bank of England.

ESG / Sustainability

Philippines to Adopt ASEAN SRFS, Issue Blue Bond Framework

By Editors | 15/03/2023

The SEC will adopt the ASEAN Sustainable and Responsible Fund Standards and separately release a new blue bond framework by Q2.

ESG / Sustainability

PRI Identifies Demand for Sustainable Finance Taxonomy in Japan

By Editors | 14/03/2023

PRI survey identified “substantial demand” from investors for some form of comprehensive sustainable finance taxonomy for Japan.

ESG / Sustainability

Record Number of FIs Seeking Environmental Disclosures Via CDP

By Editors | 14/03/2023

CDP’s annual disclosure request this year is on behalf of 746 FIs across 40 countries. Firms are asked to disclose on plastics for the first time.

ESG / Sustainability

Fitch Rating Analyses ESG Fund Regulation Globally

By ESG Investor | 13/03/2023

New Fitch report compares fund-level ESG regulatory developments across North America, Europe and Asia.

ESG / Sustainability

EU Financial Regulators Testing Climate Transition Resilience

By ESG Investor | 13/03/2023

The European Commission has asked the ESAs to conduct an analysis of the financial system’s resilience as EU member states decarbonise their economies.

ESG / Sustainability

Integrating Natural Capital and Biodiversity in the Investment Process

By Siva Ramachandran | 12/03/2023

Siva Ramachandran and Phoebe Chan call on investment professionals to integrate natural capital into their investment process, staff training and risk analysis.

ESG / Sustainability

PNGX Proposes New Corporate Governance Code for Listed Firms

By Sanday Chongo Kabange | 10/03/2023

The Code covers disclosures on policies for achieving gender equality and managing and reporting on environmental and social impacts.

Big Picture

Australian Asset Owner Mandates Omit Climate

By ESG Investor | 10/03/2023

Only a “small number” issuing specific decarbonisation or net zero requirements; IGCC urges investors to “translate aspirations into action”.