Policy

Hong Kong publishes 'reframed' sustainable finance taxonomy

The Hong Kong Monetary Authority (HKMA) has published its Hong Kong Taxonomy for Sustainable Finance, a sustainable classification framework for the local market.

Majority in favour of universal SFDR disclosures, creation of 'transition' category

Respondents to a European Commission consultation on the Sustainable Finance Disclosure Regulation (SFDR) indicated a preference for extending sustainability disclosure requirements to all financial products and introducing a system for categorising investment funds that would include a 'transition' category.

Korea publishes ISSB-based draft disclosure standards

Danish regulator orders investment managers to address sustainability 'deficiencies'

Denmark's Financial Supervisory Authority (FSA) has ordered two investment managers to address what the regulator called "deficiencies" in how they accounted for sustainability risks in their processes.

Much-criticised Green Asset Ratio 'not a complete failure', asset manager says

The much-criticised Green Asset Ratio (GAR) reporting indicator for banks has already helped significantly increase transparency surrounding their financing of sustainable activities, and "is not a complete failure," according to La Française Asset Management.

'Minimal additional effort' to build on ISSB to meet CSRD, says EU-ISSB guidance

EU companies reporting under European standards can comply with global standards "with minimal additional effort", according to the European Commission.

US considers 'exploring' sovereign green bonds amid demand perk

Leading financial market advisers to the US Treasury have suggested US sovereign green bonds should be explored further amid the potential to attract new investors and potential pricing perks.

EU investigates how to mobilise private capital for low- and middle-income countries

Financing under spotlight in plastic treaty negotiations

After a 'disappointing' end to negotiations on a global plastics treaty, financing the implementation of a future treaty has been named as a key topic requiring progress before negotiations resume later this year.

Businesses urge California to unlock funding for climate disclosure rule

Disclose now on climate to lay ground for nature reporting, Aussie regulator says

CSRD reporting to 'extend far beyond those subject to the regulation', says Workiva

Australian investor body seeks experts for taxonomy project

EU Commission puts call out for natural capital and circular experts

ESRS for specific sectors and non-EU companies delayed by two years