Khalid Azizuddin
The de facto central bank of Hong Kong has backed global principles on climate risk management a week after publication.
SGX has separately set up an advisory committee to scrutinise sustainability reporting frameworks for listed companies.
Tesla accounts for close to 50% of MSCI Environmental Index as of Q1 2022, study finds.
Feedback from panellists on key topics of interests across the ESG space from RI's recently concluded Europe conference.
First code of conduct for the ESG data industry will focus on analyst capabilities and resources.
Issues addressed include the scope of regulation, suitability of ESG ratings for the retail market and market standardisation.
Investor guidance for portfolio decarbonisation is set to follow.
-80x80.jpg "Fund managers can use adverse impacts to assess ESG performance, say EU regulators")
Separately, Article 9 funds which have significant investments in non-ESG activities may be at risk of enforcement.
The inclusion of nuclear and gas would risk the EU taxonomy becoming less stringent than existing green bond standards and other green taxonomies.
This is the second set of guidance published by the EU legislative body on the SFDR.