ESG / SUSTAINABILITY

Big Picture

Green Transition Needs Greater Transparency – NGFS

By ESG Investor | 28/04/2022

Consistent, comparable and reliable data and products dependent on disclosure standards and harmonised taxonomies.

Enforcement

US SEC Charges Brazil’s Vale for “Misleading” ESG Disclosures

By ESG Investor | 28/04/2022

Brazilian mining firm Vale regularly misled local governments, communities, and investors about the safety of its Brumadinho dam through its ESG disclosures.

ESG / Sustainability

Malaysia Advances Work on Financial Sector Sustainability

By Manesh Samtani | 28/04/2022

A new report was released assessing current sustainability practices at FIs. Work has commenced to develop a climate disclosure guide for businesses.

ESG / Sustainability

F4B Proposes Governance Model for Carbon Markets

By ESG Investor | 28/04/2022

The model builds on three principles to ensure carbon markets grow rapidly, adhere to standards, and help the global economy move toward net zero.

ESG / Sustainability

ISSB Forms Working Group to Prevent Jurisdictional Fragmentation

By Editors | 28/04/2022

The working group will seek to align work being done across jurisdictions to set standards in the field of sustainability-related financial disclosures.

ESG / Sustainability

New UK Taskforce to Set Standards for Climate Transition Plans

By Editors | 27/04/2022

The taskforce will develop policy recommendations, sector-specific transition planning templates and guidance, and measures to tackle greenwashing.

Big Picture

New Guidance for Asset Owners on UNGP Roadmap

By ESG Investor | 27/04/2022

The BSR report explains how adopting a human rights-based approach to finance can strengthen the impact of ESG practices.

Big Picture

Leading Banks Fail to Account for Climate in Financial Statements

By ESG Investor | 27/04/2022

KPMG analysis finds most major banks and auditors are not yet focused on climate-related reporting.

ESG / Sustainability

China Plans to Adopt ISSB Sustainability Reporting Standards

By Darien Choong | 27/04/2022

The CSRC is currently asking A-share companies to disclose their ESG information on a voluntary basis, but in time they will be required to adopt international standards.