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.
Despite near-term volatility, Singapore’s sovereign wealth fund sees closer trade ties between China and developing countries as a long-term tailwind for investments into clean energy technologies.
Many solar parks in Tamil Nadu are relying on glyphosate-based herbicides for vegetation control, raising concerns about long-term health effects, groundwater contamination and air pollution.
Fourteen years on from the Fukushima disaster, nuclear power is back in favour, even in Japan. But renewable energy provides the best alternative to burning fossil fuels.
Oleh
Masayoshi Iyoda
The Trumpian approach to critical minerals – evident from the United States' interactions with Ukraine – may force Southeast Asia to choose sides. The region needs to look at diversifying its technical partners in the energy sector.
Oleh
Mirza Sadaqat Huda
After spinning off its thermal coal assets, Adaro Energy Group, the world’s sixth-largest coal mining company, will have access to financing from two banks that previously withdrew funding for its aluminum smelter project in February 2023.
Oleh
Ghee Peh and Mutya Yustika
A handful of fashion brands – H&M, Ralph Lauren, Decathlon and Adidas – are working to stop using coal to power their factories in 2025, while others are prioritising decarbonisation at lower levels of ambition.
Oleh
Peter Ford
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.
After 20 years without electricity, more than 50 households in Cebu's poorest district have been provided with solar energy, financed by carbon offsets.
Improving energy efficiency could meet a quarter of Southeast Asia’s emissions reduction targets. Here is how efficiency could drive Southeast Asia's energy transition.
Vietnam's wind market is thriving, but more work lies ahead if the country wants to power its booming economy without imperilling its people and the planet.
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.
The populous coal-rich powerhouse has six months to tell investors how it plans to spend G7 money to decarbonise equitably. We ask experts about the risks, strategy, and opportunities.
A US$22 billion project involving 12,000 hectares of solar panels and 3,800km of cabling running from Darwin to Singapore might be the most ambitious renewable energy project ever. How will it work? Eco-Business talked to Fraser Thompson of project developer Sun Cable.