How Banks And Investors Are Fueling A Global Biodiversity Crisis
In a global context where tropical rainforests play a critical role in biodiversity conservation and climate regulation, these ecosystems are
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In a global context where tropical rainforests play a critical role in biodiversity conservation and climate regulation, these ecosystems are
PRIOR to the Covid-19 pandemic, discussions related to environment, social and governance (ESG) were almost exclusively about climate-related issues.
ESG Malaysia : How are Malaysia's banks stepping their ESG efforts to tackle the climate crisis
KUALA LUMPUR: Bank Negara Malaysia (BNM) has issued an Exposure Draft on Climate Risk Management and Scenario Analysis, which sets out the proposed requirements and guidance on climate risk management and scenario analysis.
PETALING JAYA: The adoption of environmental, social and governance (ESG) principles in the banking sector is gaining momentum but its success will hinge on embracing the right action. Experts and bankers agree that the adoption of ESG principles in the sector is vital and needs beefing up to ensure a healthy bottom line in the long term despite some hiccups. Ernst & Young (EY) Advisory Services Sdn Bhd director for climate change and sustainability services Arina Kok (pic below) said with the recent issuance of the Climate Change and Principle-based Taxonomy by Bank Negara, many financial in...