ESG Clarity: With its ESG code of conduct set to be finalised by the end of this year, the Japan Financial Services Agency (JFSA) is making strides in the regulation of sustainable investing in the region.
Business Times: Tan’s new role is an addition to her current position as assistant managing director (development & international), a title she has held for the past two years. She will replace Dr Darian McBain, who is leaving MAS in December.
BNN Bloomberg: Brookfield Asset Management Inc. will infuse more than $2 billion into Indian renewable projects to tap the booming clean energy investment opportunity in the fossil fuel-driven economy.
BNN Bloomberg: India’s new environmental rules will help eliminate green washing by requiring companies to submit detailed emissions data starting next fiscal year, according to KPMG India’s ESG head.
Morning Star: Michelle Lee worked as senior counsel, investment for Portfolio Advisors and graduated from Yale Law School, but says she was passed over for promotions because she's Asian-American.
BNN Bloomberg: Japan’s financial regulator is looking at new measures to curb greenwashing to ensure that financial products labeled ESG are sustainable, according to people familiar with the matter.
BNN Bloomberg: A new set of voluntary guidelines for Chinese companies to report environmental, social and governance metrics take effect Wednesday, offering a glimpse of what mandatory disclosures might eventually look like in the country.
BNN Bloomberg: The head of Singapore’s central bank called on global peers to show urgency in greening financial markets and pursuing policies that help the world achieve net-zero carbon emissions by 2050.
Financial Post: Private equity firm TPG Inc.’s climate investing arm and South Korea’s SK E&S are putting $410 million into a company seeking to curb agriculture emissions by building what may be the world’s biggest carbon-capture and storage project.
Institutional Investor: Global investors first started pulling back from public markets in China as they tried to navigate markets amid Russia’s invasion of Ukraine. But now private companies in China are feeling the change in sentiment as well.