ESG / Sustainability

ESG / Sustainability

PBOC Announces Additional Measures on Climate

By Manesh Samtani | 21/04/2021

The PBOC will allocate more green bonds to China’s foreign exchange reserves. A new catalogue of projects that are eligible for green bond issuance has been issued.

ESG / Sustainability

CSRC Announces Launch of Guangzhou Futures Exchange

By Manesh Samtani | 21/04/2021

The GFEX will develop carbon futures, and also explore electricity futures, climate-related products, commodities index futures and other “green-linked” commodities.

ESG / Sustainability

US Treasury Unveils Coordinated Climate Policy Strategy

By Sanday Chongo Kabange | 20/04/2021

The Treasury Department has created a new Climate Hub and appointed a Climate Counsellor to coordinate and lead efforts to address climate change.

Capital / Liquidity

BCBS Outlines Work Priorities for 2021-2022

By Editors | 19/04/2021

Priorities include ongoing Covid-19, digitalisation, climate risk, AI/machine learning, data and technology governance and operational resilience.

ESG / Sustainability

HK Bourse Proposes New Governance, ESG Reporting Standards

By Editors | 19/04/2021

The proposals enhance corporate governance standards in the areas of corporate culture, director independence, diversity, and ESG disclosures and standards.

ESG / Sustainability

PBOC to Extend Stress Tests to All Domestic Banks This Year

By Editors | 18/04/2021

Previously, only major banks were stress-tested. The expanded stress tests are meant to improve risk monitoring and early warning systems.

Crypto / Digital Assets

Gary Gensler Sworn Into Office as New SEC Chair

By Sanday Chongo Kabange | 18/04/2021

Gary Gensler was sworn in as the new SEC chairman three days after the US Senate voted to approve his nomination.

ESG / Sustainability

‘Brown’ Investments Risk Larger Losses from Transition Shocks

By ESG Investor | 16/04/2021

ESMA has found that green funds are less exposed to systemic network risks, while brown funds are more exposed to transition shocks.

ESG / Sustainability

US SEC Warns of Misleading Statement Regarding ESG Investing

By Sanday Chongo Kabange | 14/04/2021

Many financial firms may be offering ESG products only because it is lucrative to do so, says SEC commissioner Hester Peirce.