Despite the hype, AI cannot tackle complex social problems that do not have a digital footprint and should not be relied on to produce sustainability reports as it could mask inaccuracies, experts warn.
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.
The draft of its new Corporate Net-Zero Standard proposed the separation of Scope 1 and 2 reporting and expects companies to commit to using cleaner energy by 2040. It also addressed the use of carbon credits to address residual emissions.
The outspoken climate scientist, who has repeatedly sounded the alarm on the need to transition away from fossil fuels, leaves Singapore after almost eight years.
China's DeepSeek demonstrates that AI can be trained in a more efficient way and has enormous implications for Big Tech, which will be pressured to justify efforts to reduce climate impact.
Oleh
Jon Truby
The financing gap is huge, but time is short. Given the inadequacy of a promised new climate finance goal, Southeast Asia should look beyond UN-led conferences to crowd in other sources of capital to tackle the climate crisis.
Oleh
Prapimphan Chiengkul
Asean's growing carbon trading initiatives present vast opportunities for emissions reduction and economic growth, but equitable frameworks and robust regulations are critical to their success.
Oleh
Julie de los Reyes dan
Katrina Navallo
If policymakers and ESG proponents fail to ensure that the ESG agenda is equitable and credible – directly benefiting working class and rural communities – the credibility of ESG will deteriorate further.
Oleh
Dr Pieter E. Stek
Studio EB
Amid fresh debates about what corporate purpose should be, there is mounting evidence that corporate purpose leads to stronger brand reputation, better talent attraction and more resilience, leading to improved financial performance.
Launched as policymakers lock horns with petrochemicals lobbyists over a treaty to end plastic pollution, the documentary produced by Eco-Business asks why opportunities to solve humanity's waste crisis are being wasted. It will premiere in Singapore and screen on the sidelines of the upcoming COP28 climate summit.
Studio EB
Asia's green transition pathways need to be socially inclusive given huge differences in economic development across the region, says experts at the Boston Consulting Group. State-owned enterprises have an "outsized" role to play, they add.
The Eco-Business Podcast speaks to reporters Nadiah Rosli, Adelia Dinda Sani, Gerald Flynn and Hannah Alcoseba Fernandez about funding limits, data access, and reporting against the odds in one of the world's most climate-vulnerable regions.
Trump 2.0 may prove to be a "bump in the road" for climate action, but banks and investors in Asia see growth and opportunity in the region for decarbonisation as climate risks grow.
Indonesian environmental campaigners took a novel approach to raising climate awareness by publishing five children's books about the country's environmental issues. This podcast explores their creative process and the public's response.
UN climate report authors need to commit to the integrity of assessment processes while working with governments with differing interests. Dr Theresa Wong tells the Eco-Business podcast why the stakes are high to get climate science right.