Khalid Azizuddin
Central banks have faced calls to green their asset buying activities.
However, users have noted a broad improvement in the quality of CRA disclosures on ESG factors.
Providers are also in disagreement with stakeholders on whether the ESG ratings market is functioning properly.
RI earlier reported that the regulator had asked asset managers to rewrite their ESG fund details over greenwashing concerns.
The country’s green bond standard is being updated to align with the Green Bond Principles.
Separately, the $9.8bn NGS Super fund has divested oil and gas majors Woodside, Santos.
Separately, the FCA has warned that London-listed companies may face enforcement action for inadequate TCFD-aligned climate disclosures.
MAS has separately published new disclosure rules for retail ESG funds.
The platform recently launched three climate analytics tools for public use.
New voluntary code addresses issues of permanence, includes social and environmental safeguards.