Tag: climate change
New partnership between BIS and MAS targets climate risks in finance
The Bank for International Settlements (BIS) and the MAS have recently collaborated on an innovative initiative.
How ESG reporting strengthens stakeholder relations and strategic decision-making
In the realm of sustainability reporting, ESG reporting has become a crucial tool for organisations looking to support long-term value creation.
ECB amplifies climate focus: Green transition and nature risks in spotlight
The European Central Bank (ECB) is taking a decisive step forward in addressing the pressing challenges posed by climate change. The institution has outlined a robust action plan that hinges on three pivotal themes for the years 2024 and 2025.
Malaysia’s ACSR to consult on ISSB Standards for enhanced sustainability reporting
The Advisory Committee on Sustainability Reporting (ACSR), led by the Securities Commission Malaysia (SC) and supported by the Ministry of Finance, is set to...
From TCFD to ISSB: Unravelling the complexities of sustainability standards in...
Sustainability reporting can often be complex and daunting. In a recent post by Position Green, the firm attempted to simplify the understanding of it.
G7 leaders back ISSB’s sustainable and climate-related reporting standards
G7 leaders convened at a summit reiterating their commitment to the Paris Agreement's goal of limiting global temperature rise to 1.5°C.
Over a third of public companies now report Scope 3 emissions,...
A new report from investment data and research provider MSCI has revealed a significant rise in public companies disclosing Scope 3 emissions.
Australia establishes new national net zero authority
The Australian government has created a new net zero authority to ensure key stakeholders can ‘seize the opportunities’ of the country’s net-zero transformation.
The...
European Parliament votes for member states to reduce emissions by 2030
The European Parliament has passed legislation that will require EU member states to cut greenhouse gas emissions by the year 2030.
EU financial regulators to carry out financial system climate stress test
The EU’s financial regulators are planning to carry out a system-wide analysis of the financial sector’s climate-related risk resilience.