News / #CBD
As the city-state's listed companies prepare to kick off mandatory climate reporting in 2025, nine in 10 local firms have yet to fully measure Scope 3 emissions, which make up the bulk of an entity's carbon footprint, finds a new study.
Southeast Asia's second-largest lender is likely to join rival DBS in backing a managed coal phase-out in line with the Singapore-Asia Taxonomy's criteria. But it remains unclear if the updated coal policy will be 1.5°C-aligned.
Asia’s sustainability heads foresee some relief from reporting burdens this year, but articulating the financial value of social, biodiversity and climate-related impacts, engaging suppliers and staying ahead of regulations will keep them busy.
Western courtrooms grew busier processing cases of greenwashing. In Asia, regulators and policymakers also started to think seriously about how to police exaggerated sustainability claims.
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