TCFD Tag

China’s leading supply chain service provider JD.com [JD:US] published its 2021 ESG report on May 24 aligning with recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) for the first time, as reported by JD Corporate Blog on the same day. In 2019, JD.com...

Hong Kong Exchange (HKEX) [0388:HK] released the Listing Committee Report for 2021 on March 14, in which the HKEX highlighted its achievements on Environmental, Social, and Governance (ESG) issues and drew up plans to review ESG standards, as reported by Sina Finance on the same...

Stress testing is not an unfamiliar term to the financial sector. Ever since the global financial crisis, financial institutions have used stress tests as a key tool for assessing risks and resiliency of the financial system as well as individual institutions. With climate change increasingly...

The Bank of Japan (BOJ) [8301:JP] has provided USD18bn in loans to financial institutions in the first auction for its new climate scheme to combat climate change, as reported by Reuters on December 23. BOJ will distribute zero-interest loans amounting to USD17.94bn on December 24,...

The Singapore Exchange (SGX) [SGX:SP] announced on December 15 that all listed companies must provide climate reporting on a “comply or explain” basis in their sustainability reports starting 2022, as reported by Reuters on the same day. According to the bourse, issuers shall publish climate...

Tokio Marine and Nichido Fire Insurance, Japan’s major insurance provider, is set to launch a new service to calculate companies’ financial risks from environmental regulations abroad, as reported by Nikkei on October 19. Tokio Marine will partner with UK risk analytics firm Risilience, which specializes...

The Taskforce on Nature-related Financial Disclosures (TNFD), a new global initiative aiming to give financial institutions and companies a complete picture of their environmental risks, officially launched on June 4, 2021. An Informal Working Group (IWG) began the preparation work in September 2020 with support and...

Nowadays, both companies and investors are spending more resources on ESG issues. A core question has emerged, that is, which ESG issues are financially material and why. This is important not only for companies to manage their resources properly, but also for investors who seek...

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