Archive

  • Japanese banks' portfolios misaligned with Paris Agreement, says 2DII

    23 August 2022

    Japanese banks' loan books are misaligned with the Paris Agreement, said a paper written by the 2 Degrees Investing Initiative (2DII) and released by the Financial Services Agency (FSA)'s Finance Research Center.

  • Australia to take 'enforcement action' against greenwashing

    22 August 2022

    The Australian Securities and Investments Commission has announced it will begin taking "enforcement action" against greenwashing.

  • Singapore 'would do well to prepare for CBAM' proliferation, says MAS

    18 August 2022

    Singapore should prepare for the potential impact that would result from the spread of carbon border taxes to other jurisdictions, according to the head of the city state's central bank and financial regulatory authority.

  • BlackRock acquires Australian energy storage firm

    16 August 2022

    BlackRock Real Assets has acquired a 100% equity stake in Australian energy storage developer, Akaysha Energy, for an undisclosed sum.

  • Malaysian stock exchange to launch carbon market

    15 August 2022

    Bursa Malaysia Berhad, Malaysia's stock exchange, is to launch a voluntary carbon market in late 2022.

  • Transition methodologies failing to meet Paris Agreement, academics warn

    11 August 2022

    Existing methodologies commonly used by companies, investors and regulators for calculating transition pathways are failing to accurately reflect the Paris Agreement goals, with academics warning that most business will consequently fail to reduce their greenhouse gas (GHG) emissions in time.

  • Commonwealth Bank to face shareholder resolution on emissions targets

    10 August 2022

    The Commonwealth Bank of Australia (CommBank) is to face a shareholder resolution which calls on the bank to stop financing fossil fuel expansion.

  • India has tremendous scope for blue bonds, says regulator

    09 August 2022

    The Securities and Exchange Board of India (SEBI) has opened a consultation on the potential of 'blue' bonds in the country alongside proposed updates to its green bond standard to align more closely with the Green Bond Principles (GBP) amid lacklustre uptake of its framework.

  • China Green Bond Principles will 'ensure place in global market'

    08 August 2022

    China has published its own green bond principles (GBP) broadly based on the standard administered by the International Capital Market Association (ICMA)...

  • Singapore issues longest-duration sovereign green bond with debut

    05 August 2022

    Singapore has raised SGD2.4 billion ($1.7 billion) from its maiden green bond which is believed to be the longest tenor sovereign green bond to date, with the 50-year deal more than twice oversubscribed.