Author: Helena Zhu

CDP, a global non-profit promoting environmental disclosure for companies and governments, announced environmental performance scores on companies for the year 2021, as reported by the organization’s press release on December 7. According to CDP, nearly 12,000 companies have reported environmental data through CDP’s platform in...

The IFRS Foundation launched the new International Sustainability Standards Board (ISSB) to develop a comprehensive global baseline of high-quality sustainability disclosure standards for investors’ information needs, according to the IFRS Foundation’s website on November 3. The ISSB will develop IFRS Sustainability Disclosure Standards, including disclosure...

India’s prime minister Narendra Modi made an announcement that India will reach net-zero carbon emissions by 2070 at the UN COP26 climate summit on November 1, as reported by Reuters on the same day. The prime minister also announced short-term targets for decarbonizing the country....

For almost three decades, the United Nations has brought together nearly every country on the planet for an annual global climate summit, called the Conference of the Parties (COP). This November, the world will intently watch the COP26 summit, which runs from October 31 to...

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...

South Korea has officially scaled up climate ambition and committed to reducing carbon emissions by 40% from 2018 levels by 2030, as reported by Reuters on October 18. The new target was proposed as the country’s revised nationally determined contribution (NDC), as nations are expected...

Singapore’s Nanyang Technological University (NTU) is issuing SGD1bn (USD741m) in multicurrency bonds to support its sustainability goals, as reported by The Straits Times on October 11. The sustainability-linked bonds (SLBs) will be issued under a medium term note (MTN) program arranged by the Oversea-Chinese Banking...

The Asian Development Bank (ADB) will increase its climate financing goals by USD20bn to a new target of USD100bn for the 2019-2030 period, as reported by Reuters on October 12. The USD20bn added to the goal will be directed to developing low-carbon energy sources, climate...

Australia’s Fair Work Ombudsman (FWO) has sued the country’s largest bank Commonwealth Bank of Australia (CommBank) [CBA:AU] and its subsidiary for underpaying 7,425 workers, as reported by Australian Financial Review on October 11. FWO launched an investigation into CommBank in 2019 after the bank self-reported...

zh_hk繁体中文