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Financial consortium calls for new social, environmental reporting rules for banks

Posted on January 10, 2022June 7, 2023 By admin

Financial consortium calls for new social, environmental reporting rules for banks

A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.

Webinar 11: The key role of central banks and regulators in greening the financial system


Central banks and regulators are noting the risks and opportunities in green finance—and they are taking action. Entities such as the Central Bank and Supervisors Network for Greening the Financial System (NGFS), the Sustainable Banking Network (SBN), and the Task Force on Climate-Related Financial Disclosure (TCFD)—all reflect central banks’ and regulators’ interest in strengthening environmental and climate risk management in the financial sector to promote financial stability while mainstreaming finance to support the transition toward a sustainable economy. During the next event in our Ctrl + Alt + Delete: Green Rebuild series, we will facilitate a discussion with central banks and regulators about how they can accelerate efforts to “green” the financial system. Our distinguished panelists will speak about: i) sustainable finance strategies of their countries, ii) the importance of developing local standards, such as climate finance taxonomies, to harmonize international approaches and iii) the relevance of creating national sustainable-finance committees or working groups, among others.

A4S@COP26 Financing the Future Reflections on week one at COP26


During our second live broadcast from Glasgow, we spoke to Hiro Mizuno, UN Special Envoy; David Blood, Co-Founder, Generation Investment Management; Sarah Gordon, CEO, Impact Investing Institute (III); Jamie Broderick, Board member at the III and former Head of Wealth Management at UBS; and Katie Murray, CFO, NatWest. We discussed the announcements made during week one at COP26 and what they mean for the finance community.

Due diligence in global supply chains: PROJECT FINANCE.


RESPONSIBLE BUSINESS AND HUMAN RIGHTS WEEK
Due diligence in global supply chains: PROJECT FINANCE.
Location: UNESCAP, Bangkok, UNCC -CR2

How accountants can help fight climate change ? | Eu-Lin Fang | TEDxESSECAsiaPacific


Eu-Lin leads the Sustainability & Climate Change practice at PwC Singapore. She thinks of herself and her team as enablers in society where they help companies to strategise, implement, report and obtain assurance across a range of climate change and sustainability issues. These include carbon measurement, decarbonisation and net zero pathways, climate risk assessments, Sustainable Development Goals (SDG) strategies, green and sustainable finance, sustainability strategy, ESG due diligence, sustainability reporting, sustainability assurance and verification.

She is a Chartered Accountant by training and believes that accountants have suitable skill sets to help “save the world”. She is a regular speaker in the topic of sustainability. Eu-Lin is an accredited Carbon Tax verifier and serves on committees in the Ministry of Sustainability and Environment (Expert Board of Appeals for the Singapore Carbon Pricing Act and the SG Eco-Fund).

Eu-Lin also serves on not-for-profit boards where she is a board member and Audit & Risk Committee Chairman of a healthcare related board and an international school. She is also the board member of an Institute of Higher Learning and the Deputy Chairman of its business school. Eu Lin Fang help organisations improve their financial reporting, governance, risk and controls through financial audits, assurance engagements, reviews and advisory services. Over her career, she have been more focused on the Financial Services and government-related sectors.

Eu Lin Fang also lead the Sustainability and Climate Change Practice in Singapore where she help organisations improve their sustainability practices in the areas of reporting, assurance, climate change risk, ESG due diligence, impact assessments, SDG prioritisation and alignment, and policy development. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx

Uncategorized Tags:calls, consortium, financial

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