The Asia-Pacific region has an important role to play in addressing global ESG concerns, panelists at PRI’s APAC Digital Symposium opined.
Asset managers face rising expectations from asset owners, a panel session at the Principles of Responsible Investment’s APAC Digital Symposium has revealed.
This month, 12 financial institutions will commence a pilot to implement a principles-based taxonomy for classifying climate risk, one of a number of initiatives to build climate resilience.
If approved by Parliament, the new comply-or-explain climate risk disclosure regime could come into effect in 2023 at the earliest.
The IFRS Foundation is proposed as the body that is “optimally positioned” to lead and coordinate the creation of a new sustainability standards board.
A new IOSCO taskforce will work to identify commonalities across sustainability disclosure standards from across the world to develop principles-based guidelines.
A new NGFS workstream being created will identify missing data items needed for effective climate-related and environmental risk analysis.
The Alliance has been established to increase funding channels for green projects and guide government policies and investment projects.
The action plan outlines a series of targeted measures and an implementation timetable to improve corporate governance at banks and insurers.
The initial focus areas of the partnership will include green bonds, the fintech ecosystem, e-KYC and cybersecurity, the SEC and UK government said.
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