Friday 6 December 2019
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businessmirror - 15 days ago

Citing weather risks, BSP to phase ESG regulations

THE Bangko Sentral ng Pilipinas plans to issue regulations for the environmental and social governance (ESG) of banks in “phases,” BSP Governor Benjamin Diokno said, citing a recent study about the negative effects of weather disturbances on the banks’ balance sheets. In a recent speaking engagement, Diokno said the BSP’s own research shows that natural [ ]


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