ESG / SUSTAINABILITY

Market Infrastructure

Standard-setters Kick Off Initiative to Harmonise Sustainability Reporting

By Editors | 13/09/2020

The IFRS Foundation is proposed as the body that is “optimally positioned” to lead and coordinate the creation of a new sustainability standards board.

ESG / Sustainability

NGFS Seeks Wider Adoption of Environmental Risk Analysis at FIs

By Editors | 10/09/2020

The NGFS is calling for wider use of ERA in the financial industry, offering case studies to showcase the adoption of ERA tools and methodologies by some FIs.

ESG / Sustainability

CFTC Report Warns of Systemic Risks from Climate Change

By Manesh Samtani | 10/09/2020

The report calls on financial regulators to move “urgently and decisively” to measure, understand, and address the risks climate change poses to the US financial system.

ESG / Sustainability

IOSCO to Harmonise Global ESG Disclosure Frameworks – Report

By Editors | 10/09/2020

A new IOSCO taskforce will work to identify commonalities across sustainability disclosure standards from across the world to develop principles-based guidelines.

ESG / Sustainability

NGFS Publishes Two-year Work Programme, New Charter

By Editors | 07/09/2020

A new NGFS workstream being created will identify missing data items needed for effective climate-related and environmental risk analysis.

Capital / Liquidity

MAS to Launch SGD Liquidity Facility, Enhance USD Facility

By Manesh Samtani | 03/09/2020

The enhancements will fortify the resilience of Singapore’s banking sector and financial markets, and enable banks to continue to support the needs of businesses and individuals.

ESG / Sustainability

Thailand SEC, UK Govt to Collaborate in Financial Sector

By Editors | 02/09/2020

The initial focus areas of the partnership will include green bonds, the fintech ecosystem, e-KYC and cybersecurity, the SEC and UK government said.

Securities / Derivatives

Taiwan CSD Launches Consolidated Access to ESG Ratings

By Editors | 27/08/2020

FTSE Russell, ISS ESG, MSCI and Sustainalytics have collaborated with TDCC to launch a new ESG Dashboard that provides consolidated access to ESG ratings.

ESG / Sustainability

Taiwan FSC Releases Corporate Governance, Sustainability Roadmap

By Editors | 26/08/2020

From 2024, all financial firms and listed companies with paid-in capital over $340mn will be required to have at least one-third of their boards made up of independent directors.