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Society and Governance (ESG)

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On June 1, 2022, the China Banking and Insurance Regulatory Commission (CBIRC) issued the “Green Finance Guidelines for the Banking and Insurance Industry”. The Guidelines consolidate the 2019 Guidelines on the high-quality development for the Banking and Insurance Industry and focus particularly on green banking (e.g., green loans, green credit)…

For a Chinese version, click here. On July 26, 2019, Kenya’s National Environmental tribunal ruled that the environmental and social impact assessment (ESIA) license for the Lamu coal fired power plant in Kenya was insufficient and that the construction had to be stopped. While this ruling explicitly states that this…