Women representation on Singapore corporate boards reaches record high
SINGAPORE - The number of women directorships in Singapore Exchange-listed companies, statutory boards and charities reached a high in 2023, a study found.
MORESINGAPORE - The number of women directorships in Singapore Exchange-listed companies, statutory boards and charities reached a high in 2023, a study found.
MOREEU markets regulator the European Securities and Markets Authority (ESMA) announced today the release of its finalized guidelines for the use of ESG and sustainability-related terms in investment fund names, including investment thresholds required for sustainable investment funds, and the establishment of a transition category for investments that are not yet green, but are on a positive trajectory towards achieving environmental sustainability goals.
MORETaiwan Depository & Clearing Corporation (TDCC), since 2019, has cooperated with leading ESG rating providers to establish its ESG IR platform, one of the first dashboard consolidating ESG ratings and accessible to the public. Over the past several months, TDCC has referred to the International Organization of Securities Commissions (IOSCO) report "Environmental, Social and Governance (ESG) Ratings and Data Products Providers (Final Report)" released in November 2021 and the Financial Services Agency of Japan "The Code of Conduct for ESG Evaluation and Data Providers" released in December 2022, and engaged in extensive discussions with domestic and international stakeholders to draft its own "Code of Conduct for ESG Ratings Providers (Draft)", aiming at enhancing transparency in rating methodologies, safeguarding the rights of users, and promoting the healthy development of the ESG rating industry in Taiwan. The draft is now open for public comments.
MOREMarket participants are calling for stronger regulation of ESG ratings in Asia with growing concerns that the region is lagging the rest of the world, particularly Europe, where regulators are leading the way in providing oversight of the nascent sector.
MOREThough some asset managers disagreed on the feasibility of Scope 3 reporting, the global standards board said companies would get assistance, and possibly more time, to meet the requirements.
MOREThe new German Corporate Governance Code will increase the focus on corporate sustainability.
MOREThe European Union has agreed to impose gender quotas to ensure women have at least 40 per cent of seats on the boards of large companies.
MOREEurope’s corporate reporting body has launched a public consultation on draft corporate sustainability reporting standards, as the need for consensus on ways to report sustainability information gathers pace.
MORELONDON, May 3 (Reuters) - Companies will have to set a much broader range of sustainability targets under draft new European Union reporting standards, environmental impact body CDP said on Tuesday.
MORETaiwan's publicly accessible, expert-curated ESG (environmental, social, and governance) dashboard will see the addition of well-known S&P Global ESG scores this year amid the global push for a green recovery after COVID-19.
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