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ESG Newsletter

    Asia’s Banks See Widening Gap Between ESG Leaders and Laggards

    2023-01-11

    BNN Bloomberg: Asia’s major banks are seeing a widening gap between ESG leaders and laggards, as regulators in the region ramp up scrutiny of sustainable finance, according to WWF-Singapore.

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    Taiwan Central Bank to Incorporate Climate Change Risks into Forecasting

    2022-12-30

    ESG News: Taiwan’s central bank said it would begin incorporating climate change risks into its modelling and forecasts for inflation and economic growth and adapt monetary policy to promote sustainable development.

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    China to Unveil New Rules to Rein in Fund 'Greenwashing'

    2022-12-20

    U.S. News: China plans to tighten rules to regulate environmentally friendly, or so-called green funds, as part of its efforts to rein in 'greenwashing' in the world's second-largest climate fund market, sources with direct knowledge of the matter said.

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    Japan to Ramp Up Scrutiny of ESG Data Providers With New Guidelines

    2022-12-08

    BNN Bloomberg: Japan will soon be the first country to issue guidelines for ESG data and ratings providers as global regulators step up scrutiny of firms that measure companies on their environmental, social and governance practices.

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    Asia Fund Managers At Risk of Greenwashing Claims

    2022-11-21

    ESG Clarity: Fund general partners (GPs) in Asia are putting themselves at risk of greenwashing accusations, according to a new report from law firm Morrison & Foerster in conjunction with private equity intelligence provider AVCJ.

    JFSA to Promote Impact and Release Guidelines for ESG Mutual Funds

    2022-10-26

    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. 

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    MAS Names New Head of Expanded Sustainability Group

    2022-10-13

    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.

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    Brookfield Plans Over $2 Billion Investment in India Renewables

    2022-09-22

    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.

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    India’s New ESG Rules to Address Corporate Green Washing

    2022-09-02

    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.

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    Asian-American Private Equity Professional Hits Portfolio Advisors with Federal Discrimination Suit

    2022-08-30

    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.

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