ESG / SUSTAINABILITY

ESG / Sustainability

Japan’s Largest Bank Set to Exit Net-Zero Banking Alliance

By Thisanka Siripala | 21/03/2025

MUFG will reportedly join Nomura Holdings and Sumitomo Mitsui Financial Group in withdrawing from the NZBA.

ESG / Sustainability

China to Issue CNY-Denominated Green Bonds in London

By Mark Johnston | 21/03/2025

China’s first CNY sovereign green bond in London seeks global investment for the country’s ambitious climate targets.

ESG / Sustainability

Korean Regulators Reveal Results of Climate Change Stress Test

By Thisanka Siripala | 19/03/2025

Under a scenario where no action is taken to reduce emissions, financial firms would face KRW 45.7 trillion in losses by 2100.

ESG / Sustainability

Singapore’s Banks Embrace the Singapore-Asia Taxonomy

By Nithya Subramanian | 19/03/2025

MAS information paper reveals how banks are referencing the taxonomy in their sustainable financing frameworks.

Enforcement

Australian Court Orders Active Super to Pay A$10.5m for Greenwashing

By Sanday Chongo Kabange | 19/03/2025

This is ASIC’s third successful greenwashing case, sending a “strong message” to companies that their sustainable investment claims need to reflect their true position.

ESG / Sustainability

HKGFA Launches Online Transition Planning Repository

By Sanday Chongo Kabange | 17/03/2025

The repository provides resources to help finance professionals and companies make greater progress towards their transition priorities.

ESG / Sustainability

Top Japanese Banks Exit Net Zero Banking Alliance

By Nithya Subramanian | 14/03/2025

Sumitomo Mitsui Financial Group and Nomura Holdings have both announced their departure from NZBA.

ESG / Sustainability

HKEX Achieves Carbon Neutrality Goal Across Operations

By Sanday Chongo Kabange | 14/03/2025

HKEX says it achieved carbon neutrality across its operations at the end of 2024, setting an “important example” for the broader listed issuer community.

Securities / Derivatives

Thailand Unveils ESG Tax Incentives to Stimulate Stock Market

By Nithya Subramanian | 13/03/2025

The SET will meanwhile start consultations on a new long-term savings and investment scheme modelled after Japan’s NISA.