Financial Insights: Sustainable Finance
Asian Banking & Finance|Issue 112
More fines, data touted as solutions to
Financial Insights: Sustainable Finance

Reputational risks abound for those who drag their feet about sustainability or engage in greenwashing.

ASIA PACIFIC

How much of the sustainability initiatives reported by banks are true, and how much are conflated? The reality is it is hard to measure how prevalent greenwashing has become or even just the level of how green a bank has become, experts told Asian Banking & Finance.

“I don’t think anybody really does a reliable analysis of how prevalent greenwashing is. It’s detected anecdotally by incidents,” Eugene Goyne, EY Asia-Pacific Financial Services Regulatory lead, said. “What I would say is, there’s a massive increase in the volume of sustainability disclosures coming from different perspectives.”

With the increasing amount of sustainability-linked financial products and disclosures coming out, it is expected that there will be a level of mistakenly inaccurate or misleading statements, and even an element of deliberate misrepresentation or fraud.

Diese Geschichte stammt aus der Issue 112-Ausgabe von Asian Banking & Finance.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der Issue 112-Ausgabe von Asian Banking & Finance.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS ASIAN BANKING & FINANCEAlle anzeigen
Embedded Finance, Digital Banks To Drive SEA's Fintechs
Asian Banking & Finance

Embedded Finance, Digital Banks To Drive SEA's Fintechs

Embedded finance, partnerships, and digital banks will be the three defining trends shaping Southeast Asia’s financial technology (fintech) landscape in the future.

time-read
1 min  |
Issue 114
UBC Aims For Top 5 In Sri Lanka Banking
Asian Banking & Finance

UBC Aims For Top 5 In Sri Lanka Banking

Chairman Nirvana Chaudhary is prepared to lead amidst a national finance crisis.

time-read
3 Minuten  |
Issue 114
What Makes Malaysia The Next Great Investment Banking Frontier In Southeast Asia?
Asian Banking & Finance

What Makes Malaysia The Next Great Investment Banking Frontier In Southeast Asia?

EVs, takaful insurance, and its proximity to Singapore attract investment activity, according to a BofA executive.

time-read
3 Minuten  |
Issue 114
How HomePay Is Combating Renovation Scams In Singapore
Asian Banking & Finance

How HomePay Is Combating Renovation Scams In Singapore

Money is put in an escrow account and disbursed when milestones are reached.

time-read
3 Minuten  |
Issue 114
Will Property Woes Continue To Weigh On Chinese Megabanks?
Asian Banking & Finance

Will Property Woes Continue To Weigh On Chinese Megabanks?

This year, Chinese megabanks are facing two big hurdles: the government’s mandate that may force banks to take on more risks in the name of propping up China’s embattled property sector; and declining credit demand and interest rates.

time-read
2 Minuten  |
Issue 114
How Have Banks' Wealth Management Pivots Played Out In China?
Asian Banking & Finance

How Have Banks' Wealth Management Pivots Played Out In China?

There’s up to $25b in fees to be made in Asia, but it’s a tough market, an analyst said.

time-read
5 Minuten  |
Issue 114
Why Singaporeans are okay with locking away over $4b of their money
Asian Banking & Finance

Why Singaporeans are okay with locking away over $4b of their money

Customers can only access 'locked' money with a physical card or by visiting a branch.

time-read
2 Minuten  |
Issue 114
OCBC builds the the next pipeline of talent
Asian Banking & Finance

OCBC builds the the next pipeline of talent

Lim weaves in support for women bankers to broader industry talent shortage.

time-read
3 Minuten  |
Issue 114
Banks flip the tables on disruption by becoming the disruptors themselves
Asian Banking & Finance

Banks flip the tables on disruption by becoming the disruptors themselves

Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.

time-read
3 Minuten  |
Issue 114
Basel III capital hike is not a problem for APAC
Asian Banking & Finance

Basel III capital hike is not a problem for APAC

Most of banking jurisdictions in most Asia Pacific markets should be able to absorb the moderate increases in capital requirements stipulated under the final Basel III standards.

time-read
2 Minuten  |
Issue 114