ESG Today

OCTOBER 19, 2023

The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced today the issuance of a set of consultation papers with proposed guidelines on net zero transition planning for financial institutions, including banks, insurers and asset managers.

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3BL Media

SEPTEMBER 29, 2023

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.

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3BL Media

SEPTEMBER 29, 2023

They can also serve as safeguards to verify that the reduction of emissions in their portfolios corresponds to actual emissions reductions in the real world, rather than being achieved solely through divestment from high-emitting assets. We strongly encourage all stakeholders to take part in the consultation.”

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Chris Hall

OCTOBER 18, 2023

The Alliance counts French insurer AXA Group, Nordic bank Nordea and UK-based financial services company Legal & General among its membership. Among these, 69 members have set intermediate climate targets in line with the Alliance’s Target-Setting Protocol , amounting to US$8.4 “As we head towards at least 2.4°C trillion in AUM.

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Chris Hall

APRIL 19, 2024

The resources included deep-dive guidelines for seven sectors – including asset owners, asset managers and banks; high-level guidance for 30 sectors of the global economy; and advice on how to undertake a transition planning cycle.

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Foley & Hoag

MARCH 7, 2022

SWIFT access to be denied to seven Russian banks on March 12, 2022. sanctions, which primarily targeted banks and other financial institutions. Note that any divestment or transfer of covered debt or equity must be to a non-U.S. As with General License 9A, any divestment or transfer must be to a non-U.S.

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Chris Hall

NOVEMBER 9, 2022

At COP26, the Glasgow Financial Alliance for Net Zero ( GFANZ ) declared a sector-wide commitment of US$130 trillion – a number that has increased over the year to US$150 trillion – of private capital to transition the global economy to net-zero greenhouse gas emissions. Engagement ring. There are choices,” said Cabanis.

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