Tag: Sustainability

A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable is changing the banking industry.

Virgin Money has introduced a new app focused on providing an assessment of a companies’ ESG impacts by measuring, tracking and offering guidance.

The Bank of International Settlements (BIS) has warned of the escalating risk of a price bubble in environmentally-friendly-focused asset markets.

A climate stress test by the European Central Bank (ECB) has found firms based in areas most open to physical risk could see their creditworthiness impacted by climate change.

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.

The Philippines’ Securities and Exchange Commission (SEC) is planning to make sustainability reporting mandatory for all companies that are listed by 2023.

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.

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?

The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.

A report by a panel set up by Japan’s Financial Services Agency (FSA) has provided recommendations on how to promote sustainable finance in the country.