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.
On the first World Glacier Day, experts urge Asia's businesses and policymakers to act this decade to slow glacier loss and ice melt, which remains “out of sight, out of mind” despite the region's extreme vulnerability to rising sea levels.
China’s climate ambition at this year’s “two sessions”, which ended on 11 March, was relatively subdued, with analysts expecting economic concerns to trump climate action in the year ahead.
Five looming decisions in the development finance world could help to mitigate environmental and social risks of transition minerals, write Boston University researchers.
Oleh
Julie Radomski dan
Rebecca Ray
As the UN’s shipping regulator explores ways to decarbonise global shipping, biofuels aren’t the green alternatives they are portrayed to be.
Oleh
Megan Morrissey
For companies, the challenge is not choosing between idealism and abandonment but forging a pragmatic path that balances resilience, local adaptation, and long-term business priorities.
Oleh
Georg Kell, Martin Reeves, Helena Carmody Fox
Given the US administration’s ambition to “drill, baby, drill” for oil and gas, its withdrawal from JETP could be good news for the energy transition.
Oleh
Grant Hauber
There is consensus that coal needs to be retired early in Asia, but the mechanisms for financing the phase-out are not clear. This mini-documentary examines how transition credits work and whether they can fund Southeast Asia's equitable switch to clean power.
Gaurav Sant, founder of startup SeaChange, tells Eco-Business about a technology he hopes will give the world's oceans the capacity to absorb additional carbon dioxide from the atmosphere.
Studio EB
There are vast mineral riches lying on the ocean floor that could help to power the energy transition, but is the environmental cost of extracting them worth the risk?
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.
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
Formula 1 emits the carbon equivalent of 30,000 homes as it roars through 21 countries in a season. Mercedes-AMG Petronas F1 head of sustainability Alice Ashpitel says the sport's ambition to decarbonise by 2030 is not unrealistic.
David Antonioli says current rules spur piecemeal offsetting instead of enabling faster growth of climate ventures. He expects pushback to his ideas in a market polarised over integrity issues, but wants players to think big-picture.