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.
BNN Bloomberg: Japan will introduce environmental, social and governance considerations for foreign reserves held by the finance ministry, reflecting a need to seriously tackle climate change in order to achieve the country’s 2050 carbon neutral goal.
BNN Bloomberg: One hedge fund in Asia is betting big on the growing interest in carbon offsets to protect forests, as industries and policy makers start to make efforts to cut emissions.
Institutional Investor: The Asia-Pacific region’s notoriously low ratings on investment research firm MSCI’s environmental, social, and corporate governance scale are beginning to trend upward.
Hubbis: HSBC has rolled out a new ESG (Environmental, Social and Governance)-themed structured note in Asia, further enriching its broad suite of wealth products with more specific investment themes within the ESG universe.