Hong Kong’s pension regulator has set a September 30 deadline for MPF trustees to enhance ESG fund disclosures, as sustainable investments in the pension system see a 50-fold increase over the past decade. Hong Kong’s pension regulator, the Mandatory Provident Fund Schemes Authority (MPFA), is calling on pension managers […] Click here to view original […]
Hong Kong pension managers must boost ESG fund transparency Read More »
Image used for representational purposes.Pexels Updated on: 4 min read Climate action and diversity policies are, of late, facing geopolitical headwinds. The US government exiting the Paris Accord and discarding diversity, equity and inclusion (DEI) policies, branding legitimate concerns on environment and inclusivity as an outcome of the "woke […] Click here to view original
This week in ESG news: Wells Fargo drops net zero goals; Japan releases first sustainability reporting standards; Microsoft signs 30-year carbon removal deal; EU gives automakers more flexibility on emissions rules; Standard Chartered to engage with high-emission clients; SMBC exits net zero banking group; Mars introduces new sustainable packaging; […] Click here to view original
Credit: CC0 Public Domain Despite large multinational companies such as Goldman Sachs, Paramount, Google and others removing their diversity, equity and inclusion policies , the evidence is clear: having a diverse team can help businesses make better, more empathetic decisions. At the top level, a growing body of research […] Click here to view original
Diversity helps: Study shows more women on boards can improve how businesses are managed Read More »
Larry Fink: MAGA Hero Yes, you read that right. The BlackRock CEO fat cat the political right had loved to hate has suddenly become the darling of the MAGA movement following his $22.8 billion purchase of ports from Hong Kong-based CK Hutchison, including, very importantly, two in the Panama […] Click here to view original
How BlackRock CEO Larry Fink has turned into the darling of the MAGA movement Read More »
The European Commission unveiled a proposal to scale back ESG reporting requirements under the Corporate Sustainability Reporting Directive (CSRD). Germany and France urged the Commission to ease CSRD requirements, arguing that they undermine EU companies’ competitiveness, especially as the U.S. Securities and Exchange Commission (SEC) has paused its reporting […] Click here to view original
European Commission proposes ESG reporting rollback Read More »
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