ESG Digest №5

Contents:

• ISSB to require climate-related scenario analysis under IFRS’ Climate Disclosure Standard
• ECB sets deadlines for banks to deal with climate risks
• Kuwait commits to carbon neutrality by 2050
• Kazakhstan to adopt first low-carbon strategy 
• China announces plan to curb rising methane emissions
• EU adopts Corporate Sustainability Reporting Rules 
• White House (USA) announces new sustainability rules for federal suppliers
• India publishes Long Term Emissions Strategy to reach net zero in 2070
• Major banks join pledge to mobilize $20 bln to support Indonesia’s clean energy transition
• COP27: Breakthrough on funding repair of climate damage
• Switzerland adopts law requiring mandatory climate reporting for public companies
• Singapore Exchange enables investors to identify sustainable bonds
• Egypt to start building $11 bln wind farm from 2024
• Hydrogen-powered zero-emission engines in aviation
• Australia’s banks to reduce lending to regions and sectors at risk of climate change impacts