Events listed in Sustainable Finance
ESG: Looking Back to Move Forward
ID 22552
The Irish Funds Industry Association has published an article entitled „ESG: Looking Back to Move Forward“. In this article, Lauren Anderson (Irish Funds) reflects on the introduction and expansion of ESG in corporate governance and business. She identifies key challenges and lessons learned, focusing on themes such as disparate ratings and harmonization. Anderson emphasizes the importance of consistent measurements, harmonized regulations, and clarity in ...
Asset Management
report / study
EIOPA explores nature-related risks and their impact on insurers in staff paper
ID 22545
The European Insurance and Occupational Pensions Authority (EIOPA) published a “EIOPA Staff paper on nature-related risks and impacts for insurance“. Protecting nature’s biodiversity and ecosystems has become crucial in the fight against climate change, and the failure to account for, mitigate, and adapt to the consequences of nature loss could have economic implications that may put overall financial stability at risk. The paper aims ...
Asset Management
report / study
FR04/23 Report on International Work to Develop a Global Assurance Framework for ...
ID 22524
IOSCO recently released a report detailing the need for a global assurance framework for sustainability-related corporate reporting. The report reveals that stakeholders have expressed strong support for IOSCO’s leadership in coordinating and promoting consistency in sustainability-related reporting. IOSCO encourages engagement and capacity building within the reporting ecosystem to support the development of the global assurance framework. Currently, some issuers seek ...
Climate Data Webinars 2023 [pdf]
ID 22435
The Financial Conduct Authority, FCA, has published a document entitled „Climate Data Webinars“. The document was drawn up by the Climate Financial Risk Forum’s (CFRF) working group on „Disclosures, Data and Metrics“ and presents numerous links to websites and documents which provide guidance in the disclosure of climate risks and green house gas emissions, and the use of metrics to assess climate-related risks, and ...
CFRF Guide 2023: Scenario anlaysis: Guide for Asset Managers [pdf]
ID 22424
The Climate Financial Risk Forum (CFRF) – comprised of representatives of the FCA (Financial Market Conduct Authority), the PRA (Prudential Regulation Authority), and from industry – has published a new guide, namely the CFRF Guide 2023: Scenario Analysis Guide for Asset Managers. The guide provides practical advice to asset managers as to 1. the roles and responsibilities within asset management firms dealing with or ...
CFRF Guide 2023: Climate Disclosures Dashboard 2.0 [pdf]
ID 22416
The Climate Financial Risk Forum (CFRF) – comprised of representatives of the FCA (Financial Market Conduct Authority), the PRA (Prudential Regulation Authority), and from industry – has published a new guide, namely the CFRF Guide 2023: Climate Disclosures Dashboard 2.0. The guide builds upon the previous Dashboard 1.0 and reflects regulatory changes and industry progress since 2021 as regards the disclosure of climate-related risks ...
CFRF Scenario Analysis: Learning from the 2021/22 Climate Biennial Exploratory ...
ID 22415
The Climate Financial Risk Forum (CFRF) – comprised of representatives of the FCA (Financial Market Conduct Authority), the PRA (Prudential Regulation Authority), and from industry – has published a report entitled Learning from the 2021/2022 Climate Biennial Exploratory Scenario (CBES) Exercise in the UK: Survey Report. Therein, the CFRF primarily outlines the key findings from a survey and interviews among participants of the *2021/2022 ...
[ESMA22-106-4551 ] SMSG advice on additional questions relating to greenwashing
ID 22312
The Securities and Markets Stakeholder Group (SMSG) has provided advice to the European Securities and Markets Authority (ESMA) on additional questions relating to greenwashing. The SMSG recommends that a definition of greenwashing for the financial sector be aligned with definitions used in the broader economy and be linked to existing rules that would be violated by instances of greenwashing. The SMSG proposes a holistic ...
ECB and the ESAs call for enhanced climate-related disclosure for structured ...
ID 22246
The European Supervisory Authorities (ESAs) and the European Central Bank (ECB) have issued a Joint Statement on climate-related disclosure for structured finance products, calling on issuers, sponsors, and originators of structured finance products to proactively collect comprehensive information on climate-related risks during the origination process. The ESAs and ECB believe that enhanced climate-related data are necessary for securitised assets, which are often backed by ...
Cross-Agency Steering Group and CDP co-organise joint seminar on sustainability ...
ID 22242
On March 13, 2023, the Hong Kong Monetary Authority (HKMA) published a press release to inform of a recent seminar on sustainability reporting which was co-organized by the Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) – which the HKMA and the Securities and Futures Commission (SFC) are members of – and CDP, an international non-profit organisation that runs the global environmental disclosure ...