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.
Companies are using the acronym less frequently, as politics, regulation and greenhushing are pushing environmental, social and governance topics out of fashion.
Ahead of mandatory reporting, nearly all small-cap issuers now disclose at least one of TCFD's 11 recommendations, a market regulator study finds. But Scope 3 emissions – still without a fixed disclosure deadline – remain a major challenge.
Its charter says gender equality should be considered when filling the top post, but so far Asean’s 15 sec-gens have all been men. On International Women's Day, Eco-Business spoke to Asean watchers drumming up support for Indonesia to widen its search when fielding the next sec-gen.
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
Weakening the World Bank and other multilateral development banks that have a large United States presence could present an opportunity for a little-known, relatively new Chinese-led international organisation like the Asian Infrastructure Investment Bank.
By
Tamar Gutner
EB Studio
Amid fresh debates about what corporate purpose should be, there is mounting evidence that corporate purpose leads to stronger brand reputation, better talent attraction and more resilience, leading to improved financial performance.
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.
Women play a key role in developing innovations to push for sustainability, but barriers remain to their entry into STEM careers. To celebrate International Day of Women & Girls in Science, EB Impact speaks to three women in science on making an impact and pursuing careers in STEM.
EB Studio
Palm oil frequently makes headlines, but the faceless workers harvesting the fruit of the oil palm less so. What are the challenges of the job and how can their rights be safeguarded?
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 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.