MAS launches Singapore-Asia Taxonomy to reduce greenwashing at banksBy Natasha Teja
January 4, 2024
Banks in Singapore face more stringent regulatory guidelines on greenwashing following the release of the Singapore-Asia Taxonomy in December.
The classification system defines transition activities as those that reduce greenhouse gas emissions compared to ‘green’ activities that avoid GHG emissions altogether. The system cuts across eight key industries; significantly, it ...
March 30, 2023
The proposed framework is notable for its “measures-based approach” for industrial activities and its traffic light ratings system. Singapore’s Green Finance Industry Taskforce (GFIT), an industry-led initiative convened by the...Read more