On March 27, the Association of Southeast Asian Nations (ASEAN) Taxonomy Board (ATB), representing ASEAN finance sectoral bodies, released Version 2 of the ASEAN Taxonomy for Sustainable Finance. This follows Version 1, which...more
Last month, Canada’s Department of Finance published the Sustainable Finance Action Council (SFAC) recommendations for the development of a green taxonomy for sustainable investment, as the country moves toward its goal of...more
Last month, Singapore’s Green Finance Industry Taskforce (GFIT) launched the final consultation period to finalize its Green and Transition Taxonomy (the “Taxonomy”). This is Singapore’s third public consultation on the...more
3/16/2023
/ Biodiversity ,
Climate Action Plan ,
Climate Change ,
Consultation Periods ,
Critical Infrastructure Sectors ,
Environmental Social & Governance (ESG) ,
Financial Institutions ,
Green Finance ,
Net Zero ,
Regulatory Agenda ,
Regulatory Reform ,
Singapore ,
Sustainable Finance ,
Taxonomy
It is hardly news that ESG investing is a significant aspect of the asset management industry. According to Barron’s, $400 billion was invested in U.S. mutual funds and assets that have an ESG orientation in 2021. However,...more