Tag: ESG
Risk of price bubble in ESG markets growing, BIS warns
The Bank of International Settlements (BIS) has warned of the escalating risk of a price bubble in environmentally-friendly-focused asset markets.
Banks and asset managers not yet prepared to meet climate risk...
A barometer measuring the climate risk preparedness of the global banks and asset managers has found a lot still needs to be done in terms of practical implementation.
Philippines’ SEC set to make sustainability reporting obligatory
The Philippines’ Securities and Exchange Commission (SEC) is planning to make sustainability reporting mandatory for all companies that are listed by 2023.
The FSA moves forward with potential new climate risk disclosure regulation
A new regulation by Japan’s Financial Services Agency (FSA) may lead to the introduction of mandatory climate-risk related disclosures by March 2022.
Singapore’s SGX unveils paper proposing mandatory climate reporting
The Singapore Exchange Regulation (SGX RegCo) has published a consultation paper that is suggesting bolstering disclosure requirements for companies around climate risk.
MioTech to upgrade ESG data services on the back of Series...
MioTech, an AI-powered sustainability data and solution developer, has closed its Series B+ round, which will help it increase product development efforts.
Japanese Financial Services Agency steps up plans to establish new ESG...
The Japanese Financial Services Agency (FSA) has revealed it is planning to develop a new framework for the certification of ESG-related products.
Climate change risk management platform Climate X secures £1.1m in pre-seed...
Climate X, which designed financial risk modelling for climate chance, has raised £1.1m in its pre-seed round.
Financial consortium calls for new social, environmental reporting rules for banks
A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.
Is there a need for globally mandated ESG reporting requirement?
As dangers associated with climate change continue to become more inescapable in the lives of companies and individuals alike, the importance and need for ESG – Environmental, Social and Governance – in the financial sector is growing stronger. Is it time for globally mandated ESG reporting in the financial sector?
