Several big insurers have pulled out of the coal business due to their exclusion policies in recent years. The investor group's regional network plans to start persuading these players to consider covering early retirement transactions.
The Philippines has no formal net-zero commitment, reminds congresswoman Anna Victoria Veloso-Tuazon at the Unlocking capital for sustainability event held in Taguig. The new bill can bridge the climate investment gap and help businesses become Paris-aligned.
This special report looks at how a coal plant in Batangas, Philippines, could become the world’s first to be retired using the novel class of carbon credits. Are the methodologies sound, and how will just transition plans be implemented?
It could be more effective as a strategy, as compared to divestment. Southeast Asia is already feeling the effects of climate change and needs strategic and effective action by investors.
Oleh
Mark Konyn
In Asian universities, students often have little say about what happens on campus. As student divestment groups in the region gain momentum, it’s time for universities to listen to what their students have to say about issues that will affect their future.
Oleh
Sonia Sambhi
Despite the increasing urgency of the climate crisis, many of the world’s most powerful financial actors have continued to invest in the fossil-fuel industry. But a new trend in the law is forcing institutional investors to decarbonise their portfolios – or be held legally accountable.
Oleh
Bevis Longstreth dan
Connor Chung
With the urgency of the climate crisis becoming clearer by the day, governments and multilateral lenders must end public financing for fossil fuels and increase their support for renewables as soon as possible. This year's United Nations climate-change conference offers the perfect opportunity to lock in such commitments.
Oleh
Werner Hoyer
dan John Murton
Pension funds are some of the world's largest investors—holding trillions in assets—billions of which are pumped into fossil fuel companies like Shell, BP, and Total.
In the video, environmental law group ClientEarth compares the oil and gas giant's advertisements on its low-carbon investments to a burger chain claiming that they’re vegan because they’ve got salad on the menu.
The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.
Eksklusif
The world's largest asset manager says it has put sustainability at the core of its investment approach. Eco-Business speaks to Shinbo Won, BlackRock's investment stewardship director in Singapore about what this means for investors, and how companies are responding to increased ESG pressure.
Fossil fuels, tobacco, weapons—our banks could be spending our money on things we don't want them to. Eco-Business talks to finance expert Mayur Singh about why consumers in Asia should asking banks how they spend their money.