ESG / Sustainability

ESG / Sustainability

Bursa Malaysia, PETRONAS Partner to Drive ESG Adoption

By Editors | 13/04/2023

PETRONAS, the largest corporate entity in Malaysia, will participate as an early adopter of Bursa Malaysia’s Centralised Sustainability Intelligence Platform.

ESG / Sustainability

GFIN Set to Open Applications for ‘Greenwashing TechSprint’

By Editors | 12/04/2023

The TechSprint, hosted on the FCA’s digital sandbox, will seek to develop a tool or solution to help tackle greenwashing risks in financial services.

ESG / Sustainability

RBI Issues ‘Green Deposits’ Framework for Banks, NBFCs

By Editors | 12/04/2023

The allocation of funds raised through green deposits shall be subject to independent third-party verification and assurance each year, the RBI says.

ESG / Sustainability

UK’s New Rules to Raise Standards for ESG Benchmarks

By ESG Investor | 11/04/2023

Regulation vital to ensure “transparency and rigour” of ESG benchmarks that play a key role in investors’ transition to net zero.

ESG / Sustainability

Taiwan Loosens Bond Issuance Rules for Foreign Banks

By Editors | 11/04/2023

The changes allow foreign banks to use the issuance proceeds to finance a wider range of sustainable economic activities and carbon reduction transformation projects.

ESG / Sustainability

Korea Establishes ‘Capital Market ESG Supervision Task Force’

By Editors | 10/04/2023

The task force will develop ESG fund disclosure standards to address information asymmetry, prevent greenwashing and promote responsible management.

ESG / Sustainability

BNM, SC to Engage Energy Sector on ASEAN Taxonomy Readiness

By Editors | 10/04/2023

Consultations with the energy sector will be used to finalise Version 2 of the ASEAN Taxonomy, which is set to take effect in early 2024.

Crypto / Digital Assets

ANZ Completes First Use Case Test for CBDC Pilot

By Editors | 10/04/2023

ANZ tokenised ACCUs that were purchased by Grollo Carbon Ventures. Settlement occurred using ANZ’s stablecoin, which was backed by pilot CBDC.

ESG / Sustainability

EU Consults on Taxonomy Environmental Objectives

By ESG Investor | 09/04/2023

The European Commission is consulting on additional criteria in EU taxonomy delegated acts.