A fifth of the lender’s portfolio faces high nature-related risks, says sustainability head Eric Lim, noting water’s broad impact and the lack of target-setting tools. Oil and gas, though a focus sector, was excluded from its analysis.
As Asia Pacific sees its first net-zero banking alliance exits, the Singapore lender looks to draw up decarbonisation pathways for two more sectors and has clarified what activities count as transition financing.
Trump 2.0 promises to add to the uncertainties that chief sustainability officers have had to tackle over the last year. Sustainability became harder to sell in the boardroom, and in Asia, the talent crunch is still a problem.
As commitment to climate action unwinds in some parts of the world, companies in Asia could play an important role in the decarbonisation story. But sourcing the right tools to reduce emissions is critical.
Oleh
Paul Chow
With the sustainability agenda facing crosswinds, companies might conclude that sustainable business should take a backseat. But that is misguided. Firms that thrive will stay true to core values while showing how critical sustainability is to the bottom line.
Oleh
Steven Okun dan
Aaron Cramer
When is the right time to hire a CSO? Do they need to be a permanent appointment? The level of environment and social risk a company faces determines the sort of CSO it needs.
Oleh
Yan Vermeulen, Clare Glackin
Andrew Buay, vice president for group corporate sustainability at Singtel, tells the EB Podcast that CSOs should not be precious about losing part of their job as the function evolves.
Studio EB
CapitaLand sustainability chiefs Vinamra Srivastava and Giovanni Cossu tell the Eco-Business Podcast that there is a viable path to net zero for the world's fastest growing cities.
Eco-anxiety is a healthy psychological response, says 24-year-old activist Clover Hogan. The founder of nonprofit Force of Nature tells the Eco-Business Podcast how to respond to anxiety in a world that is "numb" to the climate crisis.
Studio EB
If a real estate development can reduce energy and water consumption – and emit fewer carbon emissions – it is built to last, Oliver Chan tells the Eco-Business podcast. The key, however, is to first educate future homeowners and businesses that going green does not mean breaking the bank.