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Capacity-building Alliance of Sustainable Investment (CASI) Launched at COP28

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火曜日, 12月 5, 2023

Disclosure, Policy, CASI, HSBC, COP28, Chairperson, ISSB, University, CFA Institute, Silk Road Fund, Growth, Capacity building, HKMA, Standard Chartered, Non-governmental organization, Renewable energy, Tourism, Hong Kong

DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- Ma Jun, President of the Beijing-based Institute of Finance and Sustainability (IFS) and former Co-Chair of the G20 Sustainable Finance Working Group (SFWG), together with representatives from six other founding members, launched the Capacity-building Alliance of Sustainable Investment (CASI) today at COP28.

Key Points:

DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- Ma Jun, President of the Beijing-based Institute of Finance and Sustainability (IFS) and former Co-Chair of the G20 Sustainable Finance Working Group (SFWG), together with representatives from six other founding members, launched the Capacity-building Alliance of Sustainable Investment (CASI) today at COP28.
"The demand for sustainable investment is huge in EMDEs, but most of these economies are yet to put in place the key elements of a green financial system.
Eddie Yue, Chief Executive of HKMA, said "EMDEs are facing steep pathways to meet their sustainable development goals, requiring substantial investment.
Bill Winters, CEO of Standard Chartered Bank, said "CASI demonstrates the value of constructive partnerships to accelerate sustainable investment.

94% of investors believe corporate reporting on sustainability performance contains unsupported claims: PwC 2023 Global Investor Survey

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木曜日, 11月 16, 2023

Sustainability, Climate change, Macroeconomics, Bank statement, Climate, Risk, Privacy, Blockchain, ISSB, Artificial intelligence, PwC, CSRD, Bias, AI, Environment, ESG, Cryptocurrency, Financial adviser, Renewable energy

The survey finds that while macroeconomic and inflationary concerns are still top-of mind, they have eased from 2022's highs.

Key Points:

The survey finds that while macroeconomic and inflationary concerns are still top-of mind, they have eased from 2022's highs.
Investors this year highlighted a strong undercurrent of doubt around the reliability of sustainability reporting and information that they use, often referred to as "greenwashing".
94% of investors believe corporate reporting on sustainability performance contains some level of unsupported claims (up from 87% in 2022), including 15% who think they are there to a "very large extent".
"We are seeing significant steps towards more consistent reporting from companies around climate change, however there is a need for improvement.

Large Companies Increased GHG Emissions by Just 3% from 2021 to 2022, Leading the Way in Target Reduction

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火曜日, 11月 14, 2023

Disclosure, Russell 3000 Index, Climate change, Climate, ISSB, Element, Conference, Corporate sustainability, S&P, CSRD, Growth, GHG, The Conference Board, Renewable energy, Cryptocurrency, Financial adviser, Audit

NEW YORK, Nov. 14, 2023 /PRNewswire/ -- In the US, large companies are leading the way in reducing the growth of greenhouse gas (GHG) emissions: In 2022, S&P 500 companies' median total GHG emissions increased by only 3%, as compared to the 32% increase seen in Russell 3000 companies.

Key Points:

NEW YORK, Nov. 14, 2023 /PRNewswire/ -- In the US, large companies are leading the way in reducing the growth of greenhouse gas (GHG) emissions: In 2022, S&P 500 companies' median total GHG emissions increased by only 3%, as compared to the 32% increase seen in Russell 3000 companies.
When it comes to S&P MidCap 400 companies, 27% disclosed their renewable energy use, nearly doubling their rate compared to 2021 (14%).
Additional findings and insights include:
Climate risk disclosures are on the rise, with large companies and regulated industries leading the way.
94% of S&P 500 companies disclose their climate policies and 89% disclose their total GHG emissions, but 80% disclose their climate risks.

Act now! Experts urge firms to adopt ESG at IFF Annual Meeting

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日曜日, 10月 29, 2023

GUANGZHOU, China, Oct. 29, 2023 /PRNewswire/ -- Experts on Saturday urged corporations to adopt Environmental, Social and Governance (ESG) business practices to boost long-term growth and productivity.

Key Points:

GUANGZHOU, China, Oct. 29, 2023 /PRNewswire/ -- Experts on Saturday urged corporations to adopt Environmental, Social and Governance (ESG) business practices to boost long-term growth and productivity.
Yvonne Kam, PwC China Technical Partner, thinks it is a matter of survival for companies to pursue ESG.
"It will be a big question whether your company could still operate if you don't adopt ESG," said Kam.
Director of the ISSB Beijing office Zhang Zhengwei said companies could do great things once they adopt ESG.

Act now! Experts urge firms to adopt ESG at IFF Annual Meeting

Retrieved on:

日曜日, 10月 29, 2023

GUANGZHOU, China, Oct. 29, 2023 /PRNewswire/ -- Experts on Saturday urged corporations to adopt Environmental, Social and Governance (ESG) business practices to boost long-term growth and productivity.

Key Points:

GUANGZHOU, China, Oct. 29, 2023 /PRNewswire/ -- Experts on Saturday urged corporations to adopt Environmental, Social and Governance (ESG) business practices to boost long-term growth and productivity.
Yvonne Kam, PwC China Technical Partner, thinks it is a matter of survival for companies to pursue ESG.
"It will be a big question whether your company could still operate if you don't adopt ESG," said Kam.
Director of the ISSB Beijing office Zhang Zhengwei said companies could do great things once they adopt ESG.

Former Japanese Vice Minister of the Environment, Tokutaro Nakai, Joins Persefoni's Sustainability Advisory Board

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水曜日, 10月 18, 2023

JFSA, Government, Moe, Carbon, Cyprus Securities and Exchange Commission, Ministry, CMAP, Environment, Public sector, CDP, Private sector, Overalls, ISSB, SAB, Ministry of Economy, Trade and Industry, METI, Management, Renewable energy

TEMPE, Ariz. and TOKYO, Oct. 18, 2023 /PRNewswire/ -- Persefoni, a leading Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, has announced the appointment of Tokutaro Nakai to its Sustainability Advisory Board (SAB). The board, established in 2020 and composed of global experts in sustainability, strategically advises Persefoni's board and executive team on sustainability reporting product offerings, market strategies, and overall vision.

Key Points:

The board, established in 2020 and composed of global experts in sustainability, strategically advises Persefoni's board and executive team on sustainability reporting product offerings, market strategies, and overall vision.
Persefoni's dedication to sustainability and innovative approach to addressing climate challenges align with my values.
Nakai-san's distinguished career includes driving pivotal policies in the Japanese metropolitan and regional areas, while serving as Vice Minister at the Japanese Ministry of the Environment (MoE).
"I am delighted to join Persefoni's esteemed Sustainability Advisory Board," expressed Nakai-san.

BDO ESG Awards: 5th anniversary of ESG Awards kicks off with Carbon Neutrality theme - attracting overwhelming nominations

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月曜日, 9月 25, 2023

The 2023 ESG Awards have been well received by listed companies in Hong Kong, with overwhelming nominations.

Key Points:

The 2023 ESG Awards have been well received by listed companies in Hong Kong, with overwhelming nominations.
All of the winners of the various categories will be officially announced on 12 October 2023 at the BDO ESG Awards Presentation Ceremony at Grand Hyatt Hong Kong, including Best in ESG Awards, Best in Reporting Awards, the ESG Report of the Year Awards, the Theme Award as well as the newly launched Outstanding ESG Performance of H-share Companies Awards.
In line with the Awards' position as a champion of ESG excellence, it has adopted 'Carbon Neutrality' as the theme this year in recognition of the urgent need to combat climate change.
Ricky Cheng, Director and Head of Risk Advisory of BDO, said, "We are delighted by the strong turnout for this year's BDO ESG Awards, which will conclude with the first physical awards presentation ceremony since the COVID outbreak.

Canadian Sustainability Standards Board continues its momentum welcoming 3 new members; meets with International Sustainability Standards Board

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木曜日, 9月 14, 2023

TORONTO, Sept. 14, 2023 /CNW/ - The Canadian Sustainability Standards Board (CSSB) continues its momentum to support the uptake of international sustainability standards in Canada, appointing three new members to expand its geographical representation and breadth of expertise, while continuing to foster its relationship with the International Sustainability Standards Board (ISSB).

Key Points:

TORONTO, Sept. 14, 2023 /CNW/ - The Canadian Sustainability Standards Board (CSSB) continues its momentum to support the uptake of international sustainability standards in Canada, appointing three new members to expand its geographical representation and breadth of expertise, while continuing to foster its relationship with the International Sustainability Standards Board (ISSB).
"We are excited to welcome three additional, proven leaders in sustainability to our board.
"We are focused on ensuring meaningful engagement with those who are impacted and affected by the first international sustainability standards."
Collaboration with Canada's regulatory bodies, which determine the mandatory application rules of standards for Canada's publicly accountable enterprises, will continue.

ISN Acquires Leading Responsible Sourcing Platform Transparency-One

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木曜日, 9月 7, 2023

Efforts were led by Executive Vice President & General Counsel, Jim Skochdopole and Vice President, Joe Schloesser from ISN with transaction guidance from Blackstone Growth, which made a strategic growth investment in ISN in 2020.

Key Points:

Efforts were led by Executive Vice President & General Counsel, Jim Skochdopole and Vice President, Joe Schloesser from ISN with transaction guidance from Blackstone Growth, which made a strategic growth investment in ISN in 2020.
Founded in 2016 with offices in Boston, Massachusetts and Paris, France, Transparency-One’s platform empowers organizations to delve deeply into their supply chains, allowing them to gain unique insights into product visibility, traceability, supply chain mapping, responsible sourcing and sustainability.
We look forward to helping accelerate Transparency-One’s mission while continuing to enhance the ISNetworld platform.
ISN was the best candidate to acquire our company and become the worldwide leader in this market.”
Chris Morrison, Senior Managing Director of Transparency-One, said: “Transparency-One's data-driven approach to ensuring responsible sourcing is a perfect fit for ISN.

GIP Launched ASEAN Chapter, Vision 2026 and New WG at its 5th Plenary Meeting

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木曜日, 9月 7, 2023

BEIJING, Sept. 7, 2023 /PRNewswire/ -- The 5th Plenary Meeting of the Green Investment Principles (GIP) for the Belt and Road was successfully convened in Beijing.

Key Points:

BEIJING, Sept. 7, 2023 /PRNewswire/ -- The 5th Plenary Meeting of the Green Investment Principles (GIP) for the Belt and Road was successfully convened in Beijing.
To reflect global trends in sustainable finance, GIP renews its medium-term strategy and announced Vision 2026/2030, which introduces the "Transition" pillar.
A GIP casebook was launched to demonstrate good practices in green investments along the Belt and Road and implementation of GIP principles.
In recognition of exceptional implementation of GIP principles and product innovation by its members, the Secretariat announced winners of the 2023 GIP Awards.