ESG / SUSTAINABILITY

ESG / Sustainability

NZX Amends Corporate Governance Code to Raise ESG Bar

By Sanday Chongo Kabange | 02/03/2023

The amendments cover ethics training, director independence, diversity policies, conflicts of interest, and ESG and climate reporting.

ESG / Sustainability

EU Strikes Deal on Green Bonds Standard

By ESG Investor | 01/03/2023

Negotiators of the European Council and Parliament have reached an agreement on a voluntary standard for EU green bonds (EuGB).

Enforcement

ASIC Commences First Court Action for Alleged Greenwashing

By Sanday Chongo Kabange | 28/02/2023

ASIC alleges Mercer Superannuation made misleading statements about investment options that were marketed as suitable for members ‘deeply committed to sustainability’.

ESG / Sustainability

BNP Paribas Sued over Fossil Fuel Financing

By ESG Investor | 27/02/2023

BNP Paribas is being taken to court over its alleged failure to comply with France’s duty of vigilance law regarding climate change.

ESG / Sustainability

SEBI Consults on Regulatory Framework for ESG Disclosures, Ratings

By Manesh Samtani | 24/02/2023

The BRSR framework will be enhanced to require assurance on ESG disclosures. SEBI also proposes mandatory requirements for ESG rating providers.

Crypto / Digital Assets

Hong Kong Budget to Advance Green, Crypto Hub Ambitions

By Manesh Samtani | 23/02/2023

Financial Secretary Paul Chan announced in the government’s 2023-2024 budget that he will establish and lead a task force on virtual asset development.

ESG / Sustainability

China to Create Framework for Mandatory ESG Disclosures

By Editors | 22/02/2023

Regulators may initially introduce the new ESG disclosure requirements on a “comply or explain” basis before transitioning to a fully mandatory framework.

ESG / Sustainability

Malaysia SC Revises Guidelines for SRI Funds

By Sanday Chongo Kabange | 22/02/2023

The revised guidelines incorporate requirements for SRI funds seeking to qualify as an ASEAN Sustainable and Responsible Fund, among other changes.

Crypto / Digital Assets

FSB Highlights NBFI, Crypto and DeFi as Key Priorities for 2023

By Editors | 21/02/2023

In a letter to G20 ministers, FSB chair Klaas Knot discusses commodity market vulnerabilities and work to address DeFi/crypto risks and enhance cross-border payments.