1st March 2023 News

Indian banks unprepared for RBI’s ESG push, survey shows

According to a survey by RBI and the Indian Bank’s Association showed that Indian banks are not prepared to adopt ESG norms due to lack of clarity Read more

Australia Regulator Kicks off Greenwashing Crackdown with Suit Against Mercer

The Australian Securities & Investments Commission (ASIC) Australia’s corporate, markets, and financial services regulator, announced the launch of its first court action against Marsh McLennan company Mercer Superannuation for greenwashing. The company allegedly made false claims about some of its sustainable investment options. Read more

SBI seals $1-b syndicated ESG loan from Japan, Taiwan

SBI has completed $ 1 billion syndicated social loan facility in association with Japan and Taiwan based lenders. It is one of the largest ESG linked loans taken by a commercial bank in the Asia- Pacific. Read more

ESG Team
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