The year is likely to see cooperation between China and the European Union become more important, but both sides will have to carefully navigate developments that could lead to more trade friction. Transition finance is expected to grow.
Studio EB
About one-fifth of global palm oil is certified by the Roundtable on Sustainable Palm Oil, but growth has plateaued. Chief Joseph D’Cruz explains why 100 per cent certification is not the end goal and how it plans to engage China and India.
It is the only region that has seen an increase in linking sustainability performance to executive pay, according to research by global advisory company WTW.
With a Singapore central bank-backed utility offering free Scope 1 and 2 disclosure tools, startups in the increasingly crowded space need to “re-rationalise” their business models amid a funding winter, with more consolidation expected.
The first global sustainability reporting standards, to include new requirements for Scope 3 emission, is expected to be published in June 2023. Energy companies would be wise to have robust decarbonisation plans, as opportunities for greenwashing will be limited once full emissions are reported.
Oleh
Christina Ng
Studio EB
Investors are starting to feel the effects of climate change in an unexpected place – their financial returns. There are now growing calls within the business community to improve the quality and coverage of climate risk disclosure.
Logging scars landscapes, destroys habitats and is a major contributor to climate change. Here's how old Android smartphones--that might otherwise end up in a landfill-- are being used to stop illegal logging and curb climate change impacts.
Studio EB
With alternatives such as sustainable aviation fuel still too expensive and low in demand for the aviation industry to consider, carbon offsets could be a way to reduce emissions – if used right. EcoSecurities and the International Air Transport Association tell the Eco-Business podcast how airlines can ensure compliance when new regulations become mandatory
The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.
ADX's chief strategy and transformation officer Matthias Büchler tells the Eco-Business podcast why sustainability is a key growth strategy and how the COP summit shaped ESG reporting for listed companies on the exchange.