Leonie Kelly

Jun 20, 2024 | lexology.com | Kasia Zatorska |Kate Hodson |Hardik Shah |Leonie Kelly |Shirley Lo

The Cayman Islands Monetary Authority (CIMA) has re-issued the Climate Change and Environmental-Related Risks survey in order to receive a wider response from market participants across asset management, banking and insurance sectors. The aim of the survey is to gather a better understanding of the current landscape of the climate-related risks management processes within Cayman registered funds and other entities, and to better inform any potential regulation in this area.

Jun 12, 2024 | lexology.com | Kasia Zatorska |Kate Hodson |Hardik Shah |Leonie Kelly |Shirley Lo |Skip Hashimoto

The Japanese government’s commitment to reduce greenhouse gas (GHG) emissions to net zero by 2050 has ushered in a new era of alignment with international frameworks and practices in the field of sustainability. Since the introduction of Japan's de-carbonisation policy in 2020, the country's finance industry has launched several significant actions related to environmentally sustainable practices.

May 29, 2024 | lexology.com | Shirley Lo |Leonie Kelly |Hardik Shah |Kasia Zatorska

The Hong Kong Monetary Authority (HKMA) published the Hong Kong Taxonomy for Sustainable Finance (Hong Kong Taxonomy) in early May 2024 as a green classification framework to enable informed decision making on green and sustainable finance in the local market. In this briefing, our Sustainable Investment Consulting team compares it to other national and regional taxonomies and explains more about its implementation.

Feb 26, 2024 | mondaq.com | Maria Edgeworth |Leonie Kelly

Environmental, social, and governance, or ESG, is a set of criteria used to assess a company's impact on society and the environment, as well as its corporate governance practices. Increased regulatory requirements, growing investor demands, and the global climate crises have led to the rising need for companies to manage and report ESG performance. Such growing rules and regulations, alongside existing legislation, have increased ESG-related litigation risk for companies.

Mar 30, 2023 | lexology.com | Leonie Kelly

More than 5,000 investors worldwide are signatories to the UN Principles for Responsible Investment (PRI) and the numbers are growing worldwide. The PRI are based on six core principles and comprised of 12 modules of mandatory and voluntary indicators. Pension funds make up to 50% of the signatories followed by insurers, sovereign wealth funds, endowments and foundations. Are you ready for PRI reporting or considering becoming a signatory?