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.
There are concerns that Malaysia's data centre boom will strain its water resources, spurring investor demand for water risks disclosures – especially in the technology sector. Firms must start valuing water risks and engaging suppliers.
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.
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.
By
Peter Ford
Youth activists demand a global ban on solar geoengineering, warning it’s a dangerous distraction from real climate solutions and a generational betrayal.
By
Mohammed Usrof, Disha Ravi, Heleen Bruggink and Erica Njuguna
The new GRI Standards by the Global Reporting Initiative moves from merely recommending what to report to identifying exactly what businesses and investors are required to publicly disclose on their impacts.
Want to know more about sustainability reporting, but don't know where to begin? Eco-Business and simpleshow have produced an easy-to-understand clip that explains it all in less than three minutes.
The Responsible Business Forum on Sustainable Development will be held for the third year in Singapore, where delegates will address why redefining prosperity to include economic, social and natural systems is necessary for sustainable growth
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.
Exclusive
The world's largest asset manager says it has put sustainability at the core of its investment approach. Eco-Business speaks to Shinbo Won, BlackRock's investment stewardship director in Singapore about what this means for investors, and how companies are responding to increased ESG pressure.