ESG Tag

11 Apr City University of Hong Kong calls for broader ESG reporting coverage, says all financial institutions licensed by SFC should submit emissions data

Posted at 13:00h in Asia

All financial institutions licensed by the Securities and Futures Commission (SFC) to carry out regulated activities should be required to submit environmental, social and governance (ESG) reports that cover their overall greenhouse gas emissions for the development of a comprehensive ecosystem of sustainability disclosures in...

Read More

07 Apr Expect more proposals on ESG issues in China, as reforms unleash minority shareholder activism, Allianz GI says

Posted at 03:00h in Asia

Under the mainland’s revised company law enacted in December, from July 1, the minimum ownership threshold for submitting shareholder resolutions to be voted on at shareholder meetings will be lowered from 3 per cent to 1 per cent.The move, together with the China Securities Regulatory...

Read More

03 Apr Opinion | Instead of labels like ESG, let’s prioritise good old integrity

Posted at 08:30h in Asia

And then, there is ESG – short for environmental, social and corporate governance. In recent years, more architects have found themselves attending to the ESG agenda, which concerns a company’s business model, strategies and initiatives, and how it can provide services and products with a...

Read More

21 Mar Transition finance seen as a crucial tool in the fight against climate change in Asia

Posted at 23:30h in Asia

There is a US$4 trillion funding gap compared with the US$5 trillion annual investment the world needs to make by 2030 to reach the Paris Agreement’s ambition to contain global warming at 1.5 degrees Celsius by achieving net zero carbon emissions by 2050, the International...

Read More

21 Mar China’s outbound investments to drive demand for private credit, ADM Capital founder says

Posted at 03:00h in Asia

ADM Capital, a Hong Kong-based private credit manager with US$2 billion in assets, sees opportunities for non-bank capital providers to fill the financing gap, particularly Chinese companies seeking outbound investments and Asian enterprises with environmental, social and governance (ESG) potential.“We’re seeing a lot of interest...

Read More

18 Mar Greenhouse Gas Protocol: Asia-Pacific firms have work cut out on meeting climate-disclosure requirements, executive implementing standards says

Posted at 23:30h in Asia

“To support companies in Europe and Asia, training, clear guidelines and cooperation with customers and suppliers are necessary.”The protocol was set up by Washington-based World Resources Institute and Geneva-headquartered World Business Council for Sustainable Development in 1998, to develop internationally accepted greenhouse gas accounting and...

Read More

12 Mar China’s sustainability funds have tripled since launch of ‘dual carbon goals’, but concerns over disclosure requirements, investor education remain: Morningstar

Posted at 10:35h in Asia

The number of sustainability funds has tripled in mainland China since the world’s largest emitter of greenhouse gases pledged to reach peak emissions by 2030 and carbon neutrality by 2060, with local asset managers seizing opportunities arising from the green transition, US financial services firm...

Read More

26 Feb Opinion | Why the Asia-Pacific needs Hong Kong’s help to fight climate change

Posted at 21:30h in Asia

Take clean energy as an example. To meet rising energy needs in ways that align with the Paris Agreement, annual public and private investment in clean energy in emerging and developing markets in Asia will need to nearly triple to as much as US$1.7 trillion...

Read More

13 Feb Green jobs: ESG and sustainability skills in high demand as employers struggle to find qualified candidates

Posted at 03:30h in Asia

Numerous sectors are creating more green jobs, fuelled by the growth of sustainability-focused markets, said Dicky Leung, manager of construction, engineering and supply chain at recruitment firm Robert Walters.Renewable energy is among the areas of expertise companies are searching for as they try to fill...

Read More

12 Feb Green finance: China faces acute lack of talent for sustainability-linked investment, says CFA Institute

Posted at 03:30h in Asia

China lacks both an adequate supply and a pipeline of finance professionals with expertise in environmental, social and governance (ESG) issues as demand for such people surges amid a boom in sustainable investing, according to the CFA Institute.China is struggling to develop ESG analysts, strategists...

Read More