ESG Asia News
Listen to this story: Australia and Singapore have strengthened their partnership to accelerate Southeast Asia’s clean energy transition. The Australian Government has committed US$50 million to Singapore’s Financing Asia’s Transition...
Listen to this story: Singapore has solidified its leadership in sustainability reporting, ...
Listen to this story: What’s happening: The ADB has approved a $500 ...
Listen to this story: Why it matters: As regional economies face increasing ...
Listen to this story: A Major Step Toward Sustainability HSBC Hong Kong, ...
Listen to this story: BP’s Investment in Indonesia’s Energy Transition BP, on ...
More ESG Asia Headlines
Listen to this story: Australia and Singapore have strengthened their partnership to accelerate Southeast Asia’s clean energy transition. The Australian Government has committed US$50 million to Singapore’s Financing Asia’s Transition...
Listen to this story: Singapore has solidified its leadership in sustainability reporting, surpassing global benchmarks in six of twelve key indicators, according to KPMG’s 2024 Survey of Sustainability Reporting. The...
Listen to this story: What’s happening: The ADB has approved a $500 million policy-based loan to strengthen the Philippines’ efforts to tackle climate change. This loan supports the Philippines’ Climate...
Listen to this story: Why it matters: As regional economies face increasing pressure to meet global climate targets, there’s a critical demand for leaders skilled in sustainable finance. The Monetary...
Listen to this story: BP’s Investment in Indonesia’s Energy Transition BP, on behalf of the Tangguh Production Sharing Contract partners, announced the final investment decision for the $7 billion Tangguh...
Listen to this story: A Major Step Toward Sustainability HSBC Hong Kong, Cathay Pacific, and EcoCeres have joined forces to launch Hong Kong’s most significant initiative to date in promoting...
Listen to this story: A Milestone for Green Energy At the COP29 World Climate Conference in Baku, Azerbaijan, Indonesia announced a €1.2 billion green funding agreement with German state development...
Listen to this story: Singapore has joined the European Union (EU) and China in presenting the Multi-Jurisdiction Common Ground Taxonomy (M-CGT), a significant step towards harmonizing sustainable finance taxonomies across...
Listen to this story: The Monetary Authority of Singapore (MAS) announced several green finance and capital market initiatives at the 20th Joint Council for Bilateral Cooperation (JCBC) meeting, co-chaired by...
Listen to this story: China has taken a landmark step in its climate strategy by passing its first-ever energy law, which will come into effect on January 1, 2025. Adopted...
Listen to this story: Key Impact Points: The Hong Kong Monetary Authority (HKMA) has unveiled its Sustainable Finance Action Agenda, setting a comprehensive vision to solidify Hong Kong’s role as...
Listen to this story: The CDP‘s latest report, Nurturing Nature: De-risking Nature-based Finance in Asia, explores the pressing need for increased private-sector participation in nature-based financing. As biodiversity loss and...
Listen to this story: In a significant move to bolster the environmental, social, and governance (ESG) capabilities of its charitable sector, KPMG in Singapore has introduced an ESG Playbook for...
Listen to this story: Key Impact Points: The Asian Infrastructure Investment Bank (AIIB) has announced a significant commitment of $100 million toward climate transition investments in emerging Asia. This includes...
Listen to this story: Monetary Authority of Singapore (MAS) and the World Bank are leading efforts to accelerate the coal transition through market-based approaches. Speaking at the New York Climate...
Listen to this story: Rockefeller Foundation Hosts AsiaXchange 2024: A Blueprint for Asia’s Green & Resilient Future The Rockefeller Foundation will host AsiaXchange 2024, focusing on “Accelerating Asia’s Equitable Green...
Listen to this story: Deloitte’s Latest Series Highlights CFO Leadership in Sustainability A new report series by Deloitte, titled “Asia Pacific Mandatory Sustainability Reporting,” positions Chief Financial Officers (CFOs) as...
Listen to this story: ACEN, GenZero, and Keppel Ltd. have partnered to drive the early retirement of the South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant (CFPP) in Batangas,...
Listen to this story: SAP Taiwan has opened its first-ever ESG and AI Research and Innovation Center in Kaohsiung, marking a significant step towards accelerating sustainable transformation in Taiwan. This...
Listen to this story: Middle Eastern Banks Invest $500M in Malaysia’s Pengerang Energy Complex Leading Middle Eastern banks and financial institutions have invested $500 million to finance Malaysia’s Pengerang Energy...
Listen to this story: IBM’s “Sustainability Technology Guide for Executives” offers a comprehensive roadmap for Asia Pacific businesses to harness technology for sustainability. Despite the growing importance of sustainable practices,...
Listen to this story: PETRONAS, ADNOC, and Storegga have signed a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) storage capabilities of saline aquifers and develop...
Listen to this story: CBRE has significantly bolstered its sustainability advisory capabilities in the Asia Pacific (APAC) region by acquiring Paia Consulting, a specialist sustainability consulting firm based in Singapore....
Listen to this story: The APEC Business Advisory Council (ABAC) wrapped up its Tokyo meeting with a strong call for action on trade, digitalization, and climate response. Urgent Economic and...
Listen to this story: Deutsche Bank has introduced BASF’s first sustainability-linked payables finance program in Asia, targeting operations in China. This tailored solution meets global standards while catering to local...
Listen to this story: SAEL group has successfully issued its first US dollar-denominated green bonds, raising $305 million in the international markets. This marks a significant milestone, providing the company...
Listen to this story: Cyan Renewables (“Cyan”), Asia’s leading offshore wind services platform, announced its acquisition of Australian offshore marine services provider MMA Offshore (“MMA”) (ASX) for A$1.1B (US$702M). This...
Listen to this story: KPMG has been named a leader in the IDC MarketScape: Asia/Pacific Sustainability/ESG Program Management Services 2024 Vendor Assessment. Why it matters The report emphasizes KPMG’s robust...
Listen to this story: The HKSAR Government has successfully launched an HK$25 billion green bond offering, denominated in Renminbi (RMB), US dollars (USD), and euro (EUR) under the Government Sustainable...
Listen to this story: China has announced a comprehensive plan to cut carbon emissions in its coal power industry, emphasizing the use of innovative technologies such as green ammonia, biomass,...
Listen to this story: ESG Due Diligence Rising in Priority ESG due diligence is becoming a critical priority for Australian dealmakers, mirroring global trends. According to KPMG’s ESG due diligence...
Listen to this story: In-Depth Analysis: ASIFMA’s ISSB Standards Report ASIFMA Asset Management Group (AAMG) has unveiled a comprehensive report on the adoption of International Sustainability Standards Board (ISSB) Standards...
Listen to this story: The Asian Development Bank (ADB) has launched a climate finance program in Thailand, partnering with the Ministry of Natural Resources and Environment’s Department of Climate Change...
Listen to this story: Mercedes-Benz Auto Finance Ltd. (MBAFC), part of the Mercedes-Benz Mobility group, has achieved a significant milestone by issuing its first Green Auto Loan Asset-Backed Security (ABS)...
Listen to this story: The seminar on “Green Fintech: Catalyst for Scaling Sustainable Finance”, which focused on green finance technology, was one of the key events of Hong Kong Green...
Listen to this story: To catalyze a viable blue finance market, foster green bonds and support smaller businesses in Vietnam, IFC is providing a financing package of $150 million to Southeast Asia Commercial...
Listen to this story: FedEx continues to make inroads in deploying lower-emissions fleets and facilities in the region and increased its engagement with community sustainability initiatives Federal Express Corporation, one...
Listen to this story: Key Impact Points: A Bloomberg survey of over 150 market participants from the banking, insurance, securities, and technology sectors who attended the Bloomberg Sustainable Finance Forum...
Listen to this story: Agreements with China Development Bank and Asian Infrastructure Investment Bank aim at financing infrastructure and industry in Brazil The Vice President and Minister of Development, Industry,...
Listen to this story: In a bid to enhance supply chain transparency and sustainability, Indonesia will launch a digital dashboard by August to monitor key agricultural commodities such as palm...
Listen to this story: Singapore published an Environmental Crimes Money Laundering (ML) National Risk Assessment (NRA) which identifies the key threats and vulnerabilities in environmental crimes ML that Singapore is...
Listen to this story: Neste and the Singapore Airlines (SIA) Group have signed an agreement for the purchase of 1,000 tons of neat Neste MY Sustainable Aviation Fuel™. This will make...
Listen to this story: The World Meteorological Organization has confirmed that 2023 is the warmest year on record, with annual average global temperature approaching 1.5°C above pre-industrial levels. Data also...
Listen to this story: LG Electronics (LG) has successfully issued a global bond of USD 800 million, marking its first in 17 years. Despite the growing global volatility, LG managed...
Listen to this story: Singapore is spearheading a significant financial initiative designed to mobilize $5 billion alongside global partners to support climate-focused projects throughout Asia. This ambitious effort, termed the...
Listen to this story: The Monetary Authority of Singapore (MAS) and Institute of Banking and Finance (IBF), supported by Workforce Singapore (WSG), launched the Sustainable Finance Jobs Transformation Map (JTM),...
Listen to this story: JERA Co., Inc (“JERA”) recently signed a Joint Study Agreement (“JSA”) with Petroliam Nasional Berhad (PETRONAS), through its subsidiary – PETRONAS CCS Solutions Sdn. Bhd. (“PCCSS”),...
Listen to this story: British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, and Idemitsu Kosan (IKC), one of Japan’s leading energy companies, today announced a joint investment...
Listen to this story: New ASEAN Energy (NAE) and ACTUAL have formed an agreement, leveraging ACTUAL’s AI-driven capital planning technology to develop a comprehensive net-zero emissions strategy for The Pengerang...
Listen to this story: Air Liquide and Vopak sign MoU to collaborate on infrastructure for ammonia import, cracking and hydrogen distribution infrastructure in Singapore Air Liquide and Vopak have signed...
Listen to this story: Breaking down gender barriers to food security in the Philippines, Sri Lanka and India Deutsche Bank, through its Corporate Responsibility programme in Asia, is helping women...
Listen to this story: A joint press release by the S-Hub consortium. The S-Hub consortium, comprising ExxonMobil Asia Pacific Pte. Ltd. and Shell Singapore Pte. Ltd., is proud to be...
Listen to this story: Climate reporting to help companies ride the green transition All listed issuers to report from FY2025 and large non-listed companies from FY2027 The Accounting and Corporate...
Listen to this story: 12 initiatives and 5 enablers to decarbonise Singapore’s aviation sector and support sustainable growth The Singapore Sustainable Air Hub Blueprint was launched today by Mr Chee...
Listen to this story: Adani Green Energy Limited (AGEL), India’s largest renewable energy (RE) company and the second largest solar PV developer in the world, has operationalized 551 MW solar capacity in...
Listen to this story: China’s cumulative installed capacity of renewable energy power generation is expected to surpass that of coal for the first time this year, amid optimized power supply...
Listen to this story: EIB Global has signed memorandums of understanding for project co-financing with the Republic of Kazakhstan, the Kyrgyz Republic, the Republic of Uzbekistan and with the Development Bank...
Listen to this story: The launch of the Singapore Sustainable Finance Association (SSFA) marks a significant milestone in Singapore’s journey to becoming a leading center for sustainable finance in Asia....
Listen to this story: Key Impact Points: Coca-Cola India and India’s largest retailer, Reliance Retail, announced the launch of a sustainability initiative titled ‘Bhool Na Jana, Plastic Bottle Lautana’, focused on post-consumer PET...
Listen to this story: Key Impact Points: Our youths play a crucial role in the journey towards a net-zero world. With their passion and fresh perspectives for a greener future,...
Listen to this story: Key Impact Points: Company Outlines Direction and “Break Through Limits” Management Policy During Press Conference in Las Vegas LG Electronics’ (LG) CEO William Cho and key company executives introduced...
Listen to this story: Key Impact Points: A.P. Moller – Maersk, one of the founding members of the Green Fuels Alliance India, will take a seat on the steering committee...
Listen to this story: Key Impact Points: Enters tier 2 and 3 cities, to double workforce, diversify store formats to meet customer preferencesAnnounces opening of second Starbucks Reserve® store and a...
Listen to this story: The European Union will begin an anti-dumping investigation into biodiesel imports from China, which the bloc’s industry said has slashed domestic production. In August, it began...
Listen to this story: Bloom Energy and SK ecoplant, an engineering and energy solutions provider and subsidiary of South Korean conglomerate SK Group, announced a sale of Bloom’s electrolyzer technology...
Listen to this story: Deutsche Bank has announced an increase that doubles its total local capital to IDR 10 trillion (€600 million) for its business in Indonesia. The additional investment...
Listen to this story: The four-day event brought together more than 150 national and regional policy makers to discuss how energy efficiency can drive India’s clean energy transition The International...
Listen to this story: Gleaming under sunlight are houses in Xinma, a picturesque village in South China’s Qingyuan City. Their rooftops are mounted with distributed photovoltaic panels, which are being autonomously...
Listen to this story: JCB unveiled its pioneering hydrogen combustion technology at EXCON, India’s premier construction equipment trade show taking place in Bengaluru. In its first-ever trade show appearance anywhere...
Listen to this story: Largest-ever private equity fund close for an Asia-based independent fund manager that focuses on next-generation infrastructure to bolster the region’s energy transition and digital infrastructure development...
Listen to this story: The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have signed an agreement to establish the Leading Asia’s Private Infrastructure Fund 2 (LEAP 2) with...
Listen to this story: Singapore and Papua New Guinea (PNG) signed an Implementation Agreement on carbon credits cooperation under Article 6 of the Paris Agreement. The Agreement was signed by...
Listen to this story: A.P. Moller – Maersk (Maersk) is about to launch the first of its 18 large methanol-enabled vessels currently on order. On 9 February 2024, it will...
Listen to this story: A.P. Moller-Maersk (Maersk) announced more than USD$500 million investment to expand its supply chain infrastructure to support Southeast Asia’s emergence as a global production hub and...
Listen to this story: Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced the intent to establish a green investments partnership to...
Listen to this story: The Coal to Clean Credit Initiative (CCCI), which has support from The Rockefeller Foundation, announced a new collaboration with ACEN Corporation to explore a pilot project in the...
Listen to this story: Bloomberg Philanthropies and Goldman Sachs announced that the Climate Innovation and Development Fund (CIDF) has completed allocating its $25 million in philanthropic concessional capital to help...
Listen to this story: US$140 billion investment and mass scale in domestic market drives China’s advantage Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar...
Listen to this story: The International Partners Group (IPG), co-led by the United States of America and Japan and comprised of Canada, Denmark, the European Union, the Federal Republic of...
Listen to this story: Japan Petroleum Exploration Co., Ltd. (JAPEX), JGC Holdings Corporation (JGC HD,) and Kawasaki Kisen Kaisha, Ltd. (“K” LINE) (hereinafter referred collectively as the “Japan Consortium (JC)”)...
Listen to this story: Shanghai Electric announced to ink the “Carbon & Digital” Joint Laboratory Strategic Cooperation Agreement with Johnson Controls Inc. (Johnson Controls) during the China International Import Expo...
Listen to this story: Indonesian President Joko Widodo inaugurated a new floating solar plant on Cirata reservoir in West Java province. The 192 megawatt peak (MWp) plant is the third...
Listen to this story: Represents Deutsche Bank’s 4th large-scale transaction in Taiwan’s offshore wind sector Deutsche Bank announced it has completed a bespoke deal-contingent interest rate hedge and a tailored...
Listen to this story: Sembcorp Industries (Sembcorp) announced its 2023-2028 strategic plan, reaffirming its commitment to transform its portfolio from brown to green and drive energy transition. In 2021, Sembcorp...
Listen to this story: Indonesia, the world’s largest palm oil producer, will return 200,000 hectares of palm oil plantations found in protected areas to the state to be converted back...
Listen to this story: Barclays has announced the appointment of Denise Wong as Head of Sustainable and Impact Banking, Asia Pacific. Based in Hong Kong, Ms. Wong will be responsible...
Listen to this story: Stellantis N.V. and Leapmotor has announced that Stellantis plans to invest €1.5 billion to acquire approximately 20% of Leapmotor, making Stellantis a significant shareholder. The deal...
Listen to this story: The Monetary Authority of Singapore (MAS) issued a set of consultation papers proposing guidelines on transition planning by banks, insurers and asset managers to enable the...
Listen to this story: Bayer introduces agricultural system for direct-seeded rice with potential to reduce greenhouse gas emissions and water use by up to 40 percent Bayer plans to bring...
Listen to this story: Amidst the challenging macroeconomic environment in many countries and concerns around public debt sustainability, progress in financing climate action in Asia and the Pacific has only...
Listen to this story: PT Bank Rakyat Indonesia (BRI) Persero Tbk. (IDX: BBRI) has issued an IDR 6 trillion Green Bonds for 2023, with three series: 1-year (6.10% coupon rate), 2-year (6.35% coupon...
Listen to this story: The Asian Development Bank (ADB) has approved a $300 million loan to help fund a $665 million project to Catalyse Green Transformation by reducing poverty, cutting...
Listen to this story: Hydropower-rich Tajikistan plans to produce 1 million tonnes of green hydrogen by 2040 for usage at home and exports to neighboring Central Asian countries, its Minister...
Listen to this story: The European Union Chamber of Commerce in China has honored Trina Solar with the title of Decarbonisation Leader for its achievements in low-carbon transition and climate change mitigation. The...
Listen to this story: South Korea’s leading chemicals producer LG Chem and Italian energy group Eni Sustainable Mobility jointly announced that they are exploring the possibility to develop and operate...
Listen to this story: The official launch of the Green Digital Economy Platform (GDEP), an innovative international initiative was announced. The launch, endorsed by Dr. Moeldoko, Indonesia’s Presidential Chief of Staff, is...
Listen to this story: SGX Group and BlackRock are taking the lead in helping investors reach their low carbon transition objectives with the listing of iShares MSCI Asia ex-Japan Climate...
Listen to this story: Edelweiss Alternatives, part of Edelweiss group, said it has launched its maiden climate fund, which will invest in different ventures related to cleaner climate. The fund...
Listen to this story: Singapore is planning to expand a pilot project that uses electricity to extract CO2 from seawater, in a bid to boost the ocean’s capacity to absorb...
Listen to this story: Keppel and DBS announced that they have signed a memorandum of understanding (MOU) to jointly scale up sustainable urbanisation and digitalisation solutions in Asia, with a...