Asia

“The Chain: No Mention of Deforestation in JPMorgan’s Climate Risk Assessment” – Chain Reaction Research – June 4, 2019

On June 4, 2019 Chain Reaction Research published an analysis of deforestation risks at JPMorgan. “JPMorgan Chase released in May its first assessment on the bank’s climate-related risks and opportunities. The assessment is mostly limited to energy and fossil fuels and fails to consider agriculture-related risks such as deforestation. The financial sector’s connection to deforestation […]

“New MoU aims to sideline rulebreakers” – Bangkok Post – May 24, 2019

On May 24, 2019 Bangkok Post reported that the Government Pension Fund (GPF), a few insurance companies and seven mutual funds have launched an initiative called the Negative List Guideline to boost ESG compliance by Thai listed companies. According to the article, “(u)nder the scheme, participating institutional investors will declare their intention to the public […]