Deep Dive on EU Green Deal Industrial Plan
The European Union recently announced the launch of the European Green Deal Industrial Plan to enhance the development of Europe’s net zero economy and support climate-neutral transition
ESG Knowledge
ESG knowledge includes definitions, contents and other materials
ESMA, EBA and EIOPA Issues Opinions on Sustainability Reporting Standards
Three European regulation authorities (ESMA, EBA and EIOPA) issued their opinions on the draft of European Sustainability Reporting Standards (ESRS for short), the first edition published by the European Financial Reporting Advisory (EFRA) in November last year. The purpose of ESRS is to establish a common European sustainable reporting standard in order to promote the development of ESG and keep pace with global sustainable development
WEF Releases Voluntary Carbon Market Report
The World Economic Forum (WEF) released a report on the Voluntary Carbon Market (VCM)
UNPRI Updates Reporting Framework
The United Nations Principles of Responsible Investment (UNPRI) released the report framework of asset management companies and adjusted the 2021 version. UNPRI believes that this update focuses on improving the clarity, consistency, and practicality in order to reduce the reporting work of the signatories
Insurance Europe Issued Opinions on Greenwashing
The Insurance Europe (European Insurance and Reinsurance Federation) issued a report in response to the previous three European regulators’ inquiries on the issue of greenwashing. Insurance Europe said that insurance companies have taken actions against sustainable
Fed Conducts Climate Scenario Analysis Exercise for Large Banks
The Federal Reserve announces that it will conduct climate scenario analysis and testing for six large banks to improve the ability of the industry and regulators to identify, measure, monitor and manage climate-related financial risks
ECB Released Climate-related Statistical Indicators
The European Central Bank and the central banks of member countries recently released climate-related statistical indicators to consider climate risk in the implementation of monetary policy and the development of the financial system. The European
Deep Dive on Diversity Washing in ESG
Diversity washing refers to the situation that the company’s external publicity is inconsistent with the actual performance in terms of diversity, equity, and inclusion (hereinafter referred to as DEI). Such publicity can improve the company’s ESG rating and thus obtain more
WEF Issued a White Paper on European Green Deal
The World Economic Forum issued a white paper to analyze the European Green Deal. The European Green Deal was put forward by the European Union in December last year, aiming to build Europe into the first carbon-neutral continent by 2050 and lead the global green and digital
UN Environment Programme Launched Natural Risk Profile
The United Nations Environment Programme and S&P launched the ” Natural Risk Profile “, hoping to provide a basis for the financial industry to measure the natural risk of the portfolio through scientific means. According to the global risk report
Wharton School Launched 4 ESG Courses
Wharton School announced the launch of four ESG courses for professionals. Wharton believes that more and more participants have recognized the importance of ESG, but there are still many problems in ESG practice. Investors are not clear about the possible asset impairment
Urban Land Institute Issued 2023 Sustainability Industry Outlook
The 2023 Sustainability Development Report will focus on the topic of sustainable building environment. The increase of global energy costs puts forward higher requirements for industry efficiency. At the same time, the regulatory policies of national