The new Partnership for Carbon Accounting Financials guidance goes beyond the dominant financed emissions metric and could be used to quantify avoided emissions from financing the early phase-out of coal, which has gained momentum in Asia.
In an interview with Eco-Business, CEO Meg O'Neill says Woodside will have to engage investors on natural gas decarbonisation and decide if doing so is "the most effective use of shareholder capital". Australia has been under fire for backing gas drilling despite its 2050 net zero goal.
Studio EB
Southeast Asia's digital economy is booming. Keeping its environmental footprint in check will require innovative solutions to build, operate and decommission data centres sustainably.
As Asian firms scale up disclosures, the International Auditing and Assurance Standards Board (IAASB)'s guidance – effective from December 2026 – could help curb greenwash if backed by strong regulatory frameworks, say industry players.
Carbon capture and storage has been hailed as a potential way to reduce emissions, but it is more likely to increase them by boosting oil and gas extraction. The cheaper and more effective solution is to move to cleaner forms of energy.
Oleh
Kevin Morrison
Beyond investors, consumers should also be empowered to critically use sustainability reports to assess a company's sustainability credentials. Here are five steps they can take to start reading reports using GRI standards.
Oleh
Hendri Yulius Wijaya
Linking remuneration to a company’s climate-related goals is an important catalyst for corporate climate action. There are different factors that companies need to consider to implement effective climate-linked incentive schemes.
Oleh
Shai Ganu
The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.