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.
The city's plans to halve emissions by 2035 and achieve net zero by 2050 may be ambitious. But NGOs tracking its policy direction over the years are not convinced and demand a more measurable roadmap with interim goals – not just long-term pledges.
Despite Rempang residents rejecting eviction to develop the Indonesian island into a solar hub tied to a deal exporting clean power to Singapore, authorities have begun house demolitions – some unannounced – under the project's “new phase”.
If policymakers and ESG proponents fail to ensure that the ESG agenda is equitable and credible – directly benefiting working class and rural communities – the credibility of ESG will deteriorate further.
By
Dr Pieter E. Stek
Women are emerging as formidable forces leading the way towards a more sustainable and climate-aligned world in the region. For example, more women are taking on the role of chief sustainability officers.
By
Jessica Robinson
The country’s recent National Baseline Assessment on Business and Human Rights report reveals an urgent need for human rights to be entrenched into Malaysia’s domestic laws.
By
Edmund Bon
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?
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.
Former Monetary Authority of Singapore sustainability chief Darian McBain and recruiter Paddy Balfour tell the Eco-Business podcast why people are exaggerating their ESG expertise and why that's a problem in a key region for sustainable development.
GoTo sustainability head Tanah Sullivan tells the Eco-Business Podcast that regulating net-zero claims would decarbonise Southeast Asia faster. Indonesia's biggest internet firm aims to cut emissions to zero by 2030 — a target critics say is unrealistic.