After ESG was proposed, how did the financial industry view this emerging investment concept? What was the early development of ESG? One year after ESG was proposed, the Global Compact once again held a meeting to invite representatives
ESG first appeared in 2004, the United Nations Global Compact released the report “Who Cares Wins”, which together with twenty financial institutions gave suggestions to the financial industry, hoping to better apply environment, society and
Recently, the European Union said that it would consider setting up a social climate fund to establish a new carbon emission trading system and provide funds for member countries to improve carbon emissions. The EU’s goal is to achieve zero greenhouse gas emissions by 2050
COP15 Conference, the fifteenth meeting of the Conference of the Parties to the Convention on Biological Diversity, is divided into two stages: the first stage was held by China in October 2021, and the second stage was held by Canada
Hong Kong Financial Services Development Council (FSDC) recently released a brief report on ESG, summarizing the development of ESG in Hong Kong and proposing a roadmap for follow-up actions. The report is divided into three parts, namely, the introduction of the
Hong Kong SFC classifies public funds on its official website, including environmental, social and governance funds. This category of funds incorporates ESG factors into their main investment priorities and reflects ESG factors in their
The Financial Services Agency of Japan (FSA for short) recently issued documents to supervise ESG fund greenwashing. FSA believes that with the introduction of ESG into the name and investment strategy of the fund, the problem of greenwashing is
This regulatory document is the first time that the regulatory authority has formulated the ESG fund greenwashing issue. It believes that if the fund pursues sustainability, it needs to disclose relevant specific plans to the market
Although Scope 3’s disclosure is an important progress in the field of ESG carbon emissions, from the current conditions, enterprises still need some time to learn and adapt to the latest disclosure requirements
The Global Warming Potential (GWP) was created to solve this problem. In simple terms, GWP can be regarded as a measure of the effect of these gases on carbon dioxide (set as unit 1) in the process of global warming, that is, different gases have different GWP values. The larger the GWP
The phenomenon of greenwashing in the current market is more complex and difficult to identify than 36 years ago. Greenwashing can be understood as “declaring green actions to the outside world when do not meet the green standards”, or “exaggerating green actions”
The European Central Bank recently released a report describing the regulatory priorities from 2023 to 2025. ECB believes that changes in global macro financial conditions have imposed greater uncertainty on the European economy, especially
