The Singapore-Asia Taxonomy now provides a framework to phase-out coal-fired power plants, which MAS says is critical in APAC.  The Monetary Authority of Singapore (MAS) has launched the Singapore-Asia Taxonomy for Sustainable Finance, which sets out detailed thresholds and criteria for defining green and transition activities that contribute to climate change mitigation across eight focus sectors. The eight focus sectors…

The Top 10 Benefits of B-Corp Certification in the UK In a world where sustainability is fast becoming the cornerstone of business ethics and operations, achieving B Corp certification marks a significant milestone. This globally recognized certification is not just a testament to a company’s commitment to environmental and social responsibility; it’s a powerful catalyst for transformation. Here, we delve…

Every year, employers in the U.S. steal an estimated $50 billion in wages from their workers, which makes wage theft the single largest form of illegal business activity according to the Economic Policy Institute (EPI). This egregious crime takes a variety of shapes, including some obvious ones such as paying less than minimum wage or denying overtime pay to qualified…

Pioneering Sustainable Asset Management Through ESG   The field of asset management is experiencing a paradigm shift, moving away from a sole focus on financial returns to include Environmental, Social, and Governance (ESG) considerations. ESG Pro Limited stands at the forefront of this transition, offering innovative solutions to integrate ESG standards into every stage of the asset lifecycle. The Challenges…

New framework outlines targets for institutional investors to take decisive action on nature risks and impacts. A new framework developed by the Finance for Biodiversity (FfB) Foundation aims to promote consistency among asset owners and managers in their approach to supporting the goals of the Kunming-Montreal Global Biodiversity Framework (GBF).     “This is a milestone initiative under the FfB…

Customer Service Policy and Complaint Mechanism 1. Introduction At ESG Pro, we are committed to providing exceptional service and products. We believe in the value of feedback, both positive and negative, as it helps us to improve and evolve. Our customer service policy and complaint mechanism is designed to ensure that all feedback is handled efficiently and effectively. 2. Avenues…

Dr Anthony Kirby, Head of Regulation and Risk for Asset Management and Capital Markets in Europe at EY, says the materiality of social issues to enterprise value will drive deeper integration. The first part of this article considered key social themes influencing investors and regulators – human and worker rights, diversity and inclusion, health and safety among them – while…

Investor Coalition for Equal Votes finds financial disadvantage in dual-class shares, as regulation on shareholder rights mooted at London conference.    A US$2.5 trillion pension fund coalition has called for the phase out of unequal voting rights for shareholders at companies, as concerns were raised at this week’s Pensions and Lifetime Savings Association (PLSA) ESG conference on the level of influence…