Tags Sustainability

Tag: Sustainability

Why FinTechs need to be aware of the Green Claims Code

As the shift to become more environmentally conscious and sustainable takes hold at every level of society, businesses globally are realising the importance of making a more firm and honest approach to making their organisations more sustainable.

Taiwan unveils climate risk guidelines for banks and insurers

Taiwan’s Financial Supervisory Commission (FSC) has issued guidelines for banks and insurers on the climate risk disclosures they will be required to make from 2023 onwards.

Hong Kong seeks global ESG standard adoption to reduce greenwashing

The chairman of Hong Kong’s Securities and Futures Commission (SFC) has revealed the regulator is looking to adopt global ESG standards to prevent cases of greenwashing.

Banks are failing to hit climate targets, ECB study finds

A report by the European Central Bank (ECB) has found that banks are partially or completely missing climate risk goals.

Hong Kong has secured $3bn through the sale of denominated green...

The government of Hong Kong has revealed it has raised $3bn through the sale of green bonds denominated in US dollars and Euros.

Philippines nearing the issuance of its first sovereign green bonds

The Philippines’ Department of Finance (DOF) claims it is finalising a framework for the issuance of the country’s first ever sovereign green bonds.

Zumo eyes decarbonised crypto sector through new purchase pilot program

Crypto wallet and payment platform Zumo has unveiled a pilot renewable energy purchase program aimed at making the crypto sector more sustainable.

UK to force financial institutions to publish net zero transition plans

UK Chancellor of the Exchequer Rishi Sunak has revealed that the UK will force financial institutions to publish its plans on how they will transition to net zero.

deVere aims to position $2bn into ESG investments by 2026

Financial advisory group deVere has doubled its commitment to positioning assets into ESG investments to $2bn within five years.

Mandatory climate disclosures for financial institutions to be unveiled in New...

New Zealand has become the first country globally to pass laws requiring banks, insurers and investment managers to disclose the impact of climate change on their companies.
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