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.
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.
Even though the global economy depends on a stable climate and reliable ecosystem services, businesses and financial institutions are not required or incentivised to invest in nature. Central banks and supervisors could change that trajectory simply by fulfilling their financial-stability mandate.
By
Julie McCarthy
The rise of 'greenhushing' – when companies downplay environmental risks for financial or political reasons – reflects not just changing communications strategies, but rising tensions between competing priorities.
By
Bertrand Badré and
Thomas Crampton
With the sustainability agenda facing crosswinds, companies might conclude that sustainable business should take a backseat. But that is misguided. Firms that thrive will stay true to core values while showing how critical sustainability is to the bottom line.
By
Steven Okun and
Aaron Cramer
The UN has declared 2025 the International Year of Glaciers' Preservation as climate change speeds up ice loss not only in the Arctic and Antarctica, but in Asia's Hindu Kush Himalayas, which is warming three times the global average rate.
By
Masatsugu Asakawa
EB Studio
From sponge cities to coastal forests, Asia is seeking ways to work with nature and prepare for the risks in a warmer-than-expected future. This Eco-Business video looks at what else cities need to do to strengthen climate resilience.
EB Studio
Investors are starting to feel the effects of climate change in an unexpected place – their financial returns. There are now growing calls within the business community to improve the quality and coverage of climate risk disclosure.
Rich nations need to shift investments into renewables instead, they say. The civic space for demonstrations at this year's climate summit, held in Egypt, is more restricted than the Scotland event last year.
Amid competing concerns such as urban development and tackling climate change, keeping biodiversity conservation in people's minds can be a challenge. Eco-Business asks primatologist Andie Ang how that can be tackled.
Andrew Buay, vice president for group corporate sustainability at Singtel, tells the EB Podcast that CSOs should not be precious about losing part of their job as the function evolves.
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 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.
The new head of Japan and Southeast Asia for ClientEarth tells the Eco-Business Podcast how the law can be used to hold polluters to account in the world's biggest emitting region. She also says it's time the legal profession faced scrutiny for greenwashing.