ESG / SUSTAINABILITY

Big Picture

Australia Can Do More to Facilitate Sustainable Recovery: OECD

By Editors | 15/09/2021

The OECD recommends the creation of a roadmap for improving reporting of climate-related risks by listed companies and financial institutions.

ESG / Sustainability

MAS to Set New Disclosure Standards for Retail ESG Funds

By Manesh Samtani | 10/09/2021

Enhanced disclosures will be required from retail ESG funds next year. NUS will launch a new centre of excellence this year to groom ESG talent.

Big Picture

ISDA Publishes New Papers Examining ESG Market

By Editors | 10/09/2021

The papers focus on KPIs for sustainability-linked derivatives and the accounting treatment for ESG transactions.

Enforcement

Global Regulators Heighten Scrutiny Over ESG Mislabelling – Reports

By Sanday Chongo Kabange | 09/09/2021

Increased scrutiny from US, EU and UK regulators have forced asset managers to review current practices for classifying funds as ESG-focused.

ESG / Sustainability

Hong Kong Explores Role in Unified GBA Carbon Market

By Sanday Chongo Kabange | 08/09/2021

Hong Kong is exploring opportunities to establish a unified carbon market in the Greater Bay Area, leveraging the Guangdong ETS and Shenzhen ETS.

ESG / Sustainability

Philippine SEC to Make Sustainability Reporting Mandatory

By Editors | 06/09/2021

Publicly listed companies will be required to submit sustainability reports separate from their annual reports from 2023.

ESG / Sustainability

Australian Banks to Complete First CVA Analysis by Year-End

By Editors | 06/09/2021

APRA has released a new paper describing the Climate Vulnerability Assessment now underway at Australia’s five largest banks.

ESG / Sustainability

Japan Proposes Mandatory Climate Risk Disclosures

By ESG Investor | 06/09/2021

FSA to replace the ‘comply or explain’ model to help tackle climate change and give investors more insight on leading companies.

ESG / Sustainability

FSC Korea to Raise Penalty for Violations of Five Percent Rule

By Editors | 05/09/2021

The maximum fine is being raised from 1/100,000 of market cap to 1/10,000 of market cap, among other changes to the corporate disclosure rules.