Singapore and Australia are solely focused on climate disclosures, while South Korea omits industry-specific data. As standard-setters ease Scope 3 reporting requirements, the ISSB may also drop facilitated emissions for financial firms.
A record number of world leaders gathered in Nice to chart a path forward on ocean protection, with growing support for the High Seas Treaty and new pledges for sustainable marine governance.
While the US$150 million loan, backed by DBS and Rabobank, targets reducing water and coal use, the “forest-risk” firm still lacks commitments to end deforestation and human rights abuses across its supply chains, say environmental groups.
Even if policymakers in developing countries see little value in pursuing large emissions reductions at the pace that climate advocates would like, climate-aligned development is still the best path forward.
Oleh
Navroz K Dubash
As global sustainability reporting standards converge, board directors face new challenges and opportunities in navigating mandatory ESG disclosures, ensuring transparency, and driving long-term value for their companies.
Oleh
Jessica Cheam
Delegates at COP30 should focus on streamlining climate finance, as a handful of funds with harmonised standards and processes would be better equipped to deliver efficient and accessible funding – and ensure fewer dollars are wasted.
Oleh
Georgia Hammersley
In this wide-ranging fireside chat moderated by Eco-Business CEO Jessica Cheam, AIA Group's chief investment officer Dr Mark Konyn asserts there is “no U-turn” among corporates invested for the long term, even as political regimes change amid a new world order.
There is consensus that coal needs to be retired early in Asia, but the mechanisms for financing the phase-out are not clear. This mini-documentary examines how transition credits work and whether they can fund Southeast Asia's equitable switch to clean power.
Studio EB
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.
After 20 years without electricity, more than 50 households in Cebu's poorest district have been provided with solar energy, financed by carbon offsets.
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.
ADX's chief strategy and transformation officer Matthias Büchler tells the Eco-Business podcast why sustainability is a key growth strategy and how the COP summit shaped ESG reporting for listed companies on the exchange.
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.