ESG / SUSTAINABILITY

ESG / Sustainability

IAIS Offers Supervisory Guidance on Climate Risk in Insurance Sector

By Editors | 25/05/2021

New paper sets out recommendations to promote a globally consistent approach to the supervision of climate-related risks in the insurance sector.

ESG / Sustainability

FSC Korea Advances Initiatives to Respond to Climate Risk

By Manesh Samtani | 25/05/2021

The FSC has officially declared support for the TCFD, applied for NGFS membership, and launched a new consultative body with state-backed FIs on green finance.

ESG / Sustainability

EBA Publishes Results of Pilot Exercise on Climate Risk

By Sanday Chongo Kabange | 25/05/2021

The first gauge of the EU aggregated green asset ratio was estimated at 7.9%. Over half of banks’ overall exposures are to sectors that might be sensitive to transition risk.

ESG / Sustainability

Biden Directs US Federal Agencies to Take Action on Climate

By Editors | 25/05/2021

Under an executive order, a comprehensive government-wide strategy on climate-related financial risk shall be developed within 120 days.

ESG / Sustainability

TDCC, Glass Lewis Announce Partnership on Proxy Reports

By Sanday Chongo Kabange | 24/05/2021

The initiative will enable the TDCC to provide Taiwan issuers with proxy research reports, which will help to enhance transparency for investors.

ESG / Sustainability

Australia Tops ESG Performance Rankings for APAC

By Editors | 21/05/2021

Australia retained its first place spot in the biennial CG Watch report on ESG performance for APAC, ahead of Hong Kong and Singapore, which tied for second.

ESG / Sustainability

CFA Institute Proposes Harmonised ESG Disclosures for Funds

By ESG Investor | 20/05/2021

An exposure draft from CFA Institute outlines a proposed disclosure framework for ESG-focused investment products.

ESG / Sustainability

TPEX Launches Dedicated Sustainable Bond Market

By Sanday Chongo Kabange | 20/05/2021

The new market allows an integrated listing and trading system to streamline issuance of green, social and sustainability bonds.

ESG / Sustainability

DBS, SGX, StanChart, Temasek to Launch Carbon Exchange

By Editors | 20/05/2021

‘Climate Impact X’ seeks to address a need for more high-quality carbon credits and promote active cross-border trading of such credits to drive global price transparency.