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.
A youth group argues that Posco's plan to extend the life of its Gwangyang coal-based blast furnace violates their right to a healthy environment. It is the first lawsuit to challenge a company on its climate impact since a constitutional ruling recognised the state's obligation to protect citizens from climate change.
The transition towards sustainable practices in heavy industries such as steel and cement production is a challenging task. It is called one of the ‘hard to abate’ sectors for this reason.
Oleh
Aufar Satria dan
Rauf Usman
It's time for companies to earn some climate credibility with genuine net-zero emissions targets that align with science. The planet and corporate survival depends on it, writes Ørsted CEO Mads Nipper.
Oleh
Mads Nipper