ESG Asia News
The first carbon neutral liquefied natural gas (LNG) cargo using the emissions monitoring and verification framework set up in 2021 by an international industry body has been delivered to Taiwan....
The World Economic Forum’s annual meeting was held on January 16 in Davos, Switzerland. With ...
The World Economic Forum signed at the Annual Meeting 2023 a new ...
GE Gas Power announced the signing of a Memorandum of Understanding with ...
After introducing its Road to Progress vision in 2022, Isuzu Philippines Corporation ...
Hang Lung Properties is delighted to announce that the Company is the ...
More ESG Asia Headlines
The first carbon neutral liquefied natural gas (LNG) cargo using the emissions monitoring and verification framework set up in 2021 by an international industry body has been delivered to Taiwan....
The World Economic Forum’s annual meeting was held on January 16 in Davos, Switzerland. With its sessions offline, Winter Davos can be a hallmark of the world emerging from the shadow of the...
The World Economic Forum signed at the Annual Meeting 2023 a new partnership with the Government of Indonesia to support its ambitions to scale blue carbon restoration and ocean conservation...
GE Gas Power announced the signing of a Memorandum of Understanding with IHI Corporation, a leading heavy industry manufacturer based in Japan to jointly develop ammonia combustion technologies for heavy...
After introducing its Road to Progress vision in 2022, Isuzu Philippines Corporation (IPC) launches its Solar Photovoltaic Project with the goal of becoming energy self-sufficient to reduce carbon dioxide emission...
Hang Lung Properties is delighted to announce that the Company is the first real estate company in Hong Kong and mainland China to receive approval from the Science Based Target...
Bain Capital Private Equity said on Thursday it has completed a deal to acquire a stake in renewable fuel producer EcoCeres Inc, as the Boston-based investor strives to ramp up...
Japan’s Ministry of Finance is considering issuing green transition bonds in the second half of next fiscal year from April, as part of plans to push climate change efforts, a...
Morningstar Sustainalytics, a globally recognised provider of ESG research, ratings, and data, has appointed Yayoi Asazuma as Director, Client Relations based in Singapore, effective January 1st, 2023. She is responsible...
Hong Leong Asset Management Bhd launches its first Shariah-compliant ESG fund, the Hong Leong Global Shariah ESG Fund, which aims to provide investors with medium- to long-term capital growth by...
The Dow Jones Sustainability Index (DJSI) has announced its constituents for 2022, with Cathay Financial Holdings, one of the leading financial institutions in Asia, receiving recognition. This latest milestone marks the company’s selection as a...
Maersk signed the Land Grant Contract with the administrative committee of Lin-gang new area of the Shanghai Free Trade Zone in late December 2022. This marks the official landing of...
Hong Kong aims to raise up to the equivalent of $5 billion in a dollar, euro and offshore Chinese yuan green bond issuance, sources with direct knowledge of the matter...
The Ministry of Sustainability and the Environment (MSE) is establishing a government chief sustainability officer position with effect from Jan 1, 2023, to drive the Republic’s sustainability efforts under the...
Taiwan’s central bank said on Friday it would begin incorporating climate change risks into its modelling and forecasts for inflation and economic growth and adapt monetary policy to promote sustainable...
Recently, Fosun International received numerous accolades in domestic and international markets, including multiple ESG awards from international financial media International Business Magazine, Finance Derivative and Hong Kong stock connect information platform Zhitong Caijing. The market highly...
Luokung Technology Corp., a leading spatial-temporal intelligent big data services company and provider of interactive location-based services in China, announced that its operating affiliate, Luokung Remote Sensing Technology Co., Ltd. has signed...
WiseEye – Enabled Energy-Saving Smart Office Solution to Debut at CES 2023 Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and...
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has launched a new sustainability-linked current account for corporate clients, extending...
Laser Projection by Cinionic to power 159 screens throughout Japan TOHO Cinemas, one of Japan’s largest exhibitors, and Cinionic, the leader in laser-powered cinema solutions, announce the rollout of laser...
On October 18th, one of the industry leaders in carrier-neutral hyperscale data center solutions, Chindata Group (“Chindata” or “the Group”) (Nasdaq: CD), released its third annual Environmental, Social, and Governance (“ESG”) Report...
The Group of Seven (G7) industrialised nations will provide $15.5 billion to help Vietnam transition away from coal, the British foreign office said on Wednesday. The deal, previously reported by...
The Singapore Green Finance Centre (SGFC), an initiative of Singapore Management University (SMU) and Imperial College London, whose partners include Bank of China, BNP Paribas, Fullerton Fund Management, Goldman Sachs, HSBC,...
Jindal Shadeed Group will invest more than $3 billion to set up a green steel plant in Oman that will produce high-strength automotive products for customers in the Middle East, Europe...
The World Bank has approved $250 million financing to help Bangladesh strengthen environment management and promote private sector participation in green investment. The Bangladesh Environmental Sustainability and Transformation (BEST) Project will support...
ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers. The...
Singapore Exchange (SGX Group) has launched a new initiative to identify green, social and sustainability fixed income securities that meet recognised standards. The SGX Sustainable Fixed Income initiative allows investors...
Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, seeking ways to nurture the country’s...
The Vice President’s visit to Thailand is reaffirming United States’ commitment to the stability, peace, prosperity, and sustainable development of the Mekong sub-region through cooperation with Mekong-region countries. In Bangkok,...
ESR Group Limited, Asia-Pacific’s largest real asset manager powered by the New Economy, has announced its wholly-owned subsidiary, ARA, has entered into a partnership with the Export–Import Bank of China for the closing of...
This new bilateral loan facility from KDB will support mid-term liquidity as AFC works to deliver fast and sustainable solutions to close Africa’s infrastructure gap and unleash the continent’s prosperity...
President of Indonesia Joko Widodo, President of the European Commission Ursula von der Leyen on behalf of the EU, and leaders of the International Partners Group (IPG), co-led by the United States...
Japan’s No.2 oil refiner Idemitsu Kosan Co said on Wednesday it will invest 690 billion yen ($5 billion) over the next three years to March 2026 to step up its energy...
Key news highlights: Carbon neutral paint manufacturer PT Mowilex Indonesia (Mowilex) announced, as G20 members meet in Bali, that it’s completing a major investment capable of powering its corporate headquarters by...
INPEX CORPORATION announced it has taken a final investment decision on drilling operations and the construction of facilities associated with a demonstration “Kashiwazaki Clean Hydrogen/Ammonia Project” to be implemented at...
The United States and Indonesia share a deep and enduring Strategic Partnership, anchored in shared values of democracy and pluralism, and our common commitment to the rules-based international order. The...
The Indonesia Investment Authority, the country’s sovereign wealth fund, is to set up a green electric vehicle (EV) fund of at least $2 billion with China’s battery maker CATL and...
The US, Japan and other countries will offer a climate finance deal worth as much as $20 billion to help Indonesia shift its coal-dominated power grid away from the polluting...
The financial sector has profitable opportunities in financing climate change, says Jonathan Larsen, Chief Innovation Officer of Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318). “Ping...
China has drafted a new plan to control methane and will promote new technologies and financing mechanisms to slash rising emissions of the greenhouse gas that traps 80 times more...
Indonesia received an advance payment of US$20.9 million under the Emissions Reduction Payment Agreement between the Government of Indonesia and the World Bank’s Forest Carbon Partnership Facility (FCPF) for reducing emissions from...
Kuwaiti Foreign Minister Sheikh Salem Abdullah Al-Jaber AI-Sabah affirmed Monday Kuwait’s commitment to reaching carbon neutrality by 2050 in the oil and gas sector and in other sectors by 2060....
The Bloomberg Philanthropies and Goldman Sachs-backed Climate Innovation and Development Fund has completed its first set of blended-finance investments focused on innovation across the sustainable transport sector in each of...
Dubai-owned ports giant DP World intends to invest around $500 million to reduce carbon dioxide emissions in its operations by 700,000 tonnes over the next five years, state news agency...
Facility will create more than 400 skilled jobs, strengthen the U.S. semiconductor supply chainIncreases total investment plans to more than $600 millionMaterial developed with Georgia Tech to support next-gen, high-performance computing Absolics, Inc.,...
On October 27, the winners of the inaugural ESG China Awards were announced in Shanghai. Organized by the British Chamber of Commerce Shanghai, the Awards is a program recognizing and promoting excellence from businesses and...
The governing board of the Climate Investment Funds, one of the world’s largest multilateral funds for climate action in developing countries, endorsed new investment plans set to allocate $1 billion...
Hydrogen could supply up to half of power needs by 2050 Deputy Prime Minister and Minister for Finance Lawrence Wong outlined Singapore’s national strategy to develop hydrogen as a major...
The Asian Development Bank (ADB) mobilized a $135 million financing package for VinFast Trading and Production Joint Stock Company for manufacturing Viet Nam’s first fully-electric public transport bus fleet and first national electric vehicle charging...
Dubai Islamic Bank PJSC has announced the publication of its Sustainable Finance Framework which was created to facilitate the financing of green and social initiatives and projects. In doing so,...
Ping An Insurance (Group) Company of China, Ltd. ( “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that subsidiary Ping An Bank (the “Bank”, SHE:000001) has released its 2021 Environmental Information...
Shift4Good, the first global independent impact venture capital fund dedicated to sustainable mobility, announces the 1st closing of Shift4Good Fund 1 with major institutional and corporate investors in the mobility...
The deal will facilitate trade and investment in green goods and services Builds on existing cooperation to take action on climate change and strengthen trade and investment in clean energy...
Launched their new ESG Strategy Handbook today, where Gunung Raja Paksi aims to reduce its environmental and social impact in steel – traditionally, a major contributor to global carbon emissions...
During the United Nations General Assembly (UNGA) in September, the Intergovernmental Panel on Climate Change (IPCC) once again warned that global emissions are on track to surpass the 1.5 degrees...
DMCC has been awarded ‘Global Free Zone of the Year 2022′ by the Financial Times’ FDI Magazine, competing against 67 other nominees Win reaffirms DMCC’s position as world’s leading free zone...
Malaysia raised 4.5 billion ringgit ($970 million) in its first sale of domestic Islamic green bonds, adding to a growing number of countries turning to sustainable debt financing for environmental...
Japan Exchange Group, Inc. is pleased to announce that it has started trial trading of carbon credits on Tokyo Stock Exchange as part of the “Technical Demonstration Project for Carbon...
World’s largest coal exporter aims to increase proportion of renewables in its energy mix to 23% by 2025 No new coal plants can be built Those in the pipeline must...
Interim decarbonisation targets set for 2030, reinforcing commitment to net zero financed emissions by 2050 Represents one of the most comprehensive sets of decarbonisation targets in global banking industry Bank...
In its endeavor to realize the United Nations’ Sustainable Development Goals, Cheung Kong Graduate School of Business (CKGSB) has produced a special publication, ‘CKGSB 2022 ESG and Social Innovation Report:...
Image: GE 4.2-117 Onshore Wind Turbine. Source: GE Renewable Energy GE Renewable Energy to supply 19 of its 4.2-117 onshore wind turbines for a total installed capacity of 79.8 MW....
aCommerce, J & J Philippines Launch 100% Recyclable Packaging Solution aCommerce Group, the largest end-to-end e-commerce enabler in Southeast Asia, has partnered with Johnson & Johnson Philippines, part of the...
An ambitious project in an unpopulated part of Tokyo Bay aims to build a high-tech, sustainable city-within-a-city on reclaimed land. In “Akira,” the celebrated animation film depicting a post-apocalyptic “Neo-Tokyo,”...
Toyota Motor Corporation has decided to invest up to 730 billion yen (approximately $5.6 billion) in Japan and the United States toward supplying automotive batteries for battery electric vehicles, for...
China’s Sinopec Corp said on Monday it has put into operation the country’s largest carbon capture, utilisation and storage (CCUS) facility in east China, and plans to build two more...
Wu to lead on climate strategy in Asia-Pacific Milo Sjardin joins as Head of Climate Analytics Susannah Fitzherbert-Brockholes joins in London HSBC has hired Justin Wu as its first co-head of...
Pentagreen Capital aims to accelerate development of Asian sustainable infrastructure Sustainable infrastructure debt financing company Pentagreen Capital, which is backed by HSBC and Singapore state fund Temasek, has opened its...
Forbes China recently released its “2022 China ESG 50” list. Fosun International has been included on the list for its outstanding ESG performance and its active contribution to the fight against...
Teneo, the global CEO advisory firm, has announced the appointment of Dr. Mark Watson as Head of ESG Advisory, Asia Pacific. Prior to joining Teneo, Mark was Global Head of Sustainability at...
BYD (China) and Castrol sign three-year partnership to enhance the supply and promotion of Castrol ON advanced EV Fluids for BYD’s zero-emissions vehicles. The agreement builds on existing first-fill agreement...
– NAVER takes initiative to operate its business in an environmentally friendly way following its 2040 Carbon Negative strategy, displaying strong commitment for joining global initiatives for the environment –...
As ESG regulations and disclosure requirements become more stringent, the collection, storage and analysis of ESG-related data are going to play a more important role in companies’ ESG management. To...
Food innovator and China-focused private equity firm forge path for growth Eat Just, Inc., a company that applies cutting-edge science and technology on a mission to create healthier, more sustainable...
New Contracts Highlight Ormat’s Ability to Capture Opportunities in the Attractive Geothermal Markets of Indonesia and New Zealand to Rebuild Its Product Segment Backlog Ormat Technologies, Inc. (NYSE: ORA), a...
Asia Innovations Group (Asia Innovations), a leading live social company with more than 500 million registered users worldwide on its platforms, is announcing its well-honed and results- driven ESG initiatives that...
In July, Forbes China and Russell Reynolds Associates, a global search and leadership advisory firm, unveiled the results of the 2022 Forbes China – Best Employer Selection. Vipshop Holdings Limited, China’s leading online discount...
Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced that a wholly-owned subsidiary of its majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”) has entered into an investment agreement...
Matrix Service Company (Nasdaq: MTRX) announced today that it has signed a memorandum of understanding with Korea Gas Corporation (“KOGAS”) to support South Korea’s development of a hydrogen economy as it...
Plexus Corp., (NASDAQ: PLXS) a global leader in complex product design, manufacturing, supply chain and aftermarket services, today announced the opening of its new advanced manufacturing facility in Bangkok, Thailand....
In July, VIPSHOP, a leading online discount retailer for brands in China, released its first ESG report, 2021 VIPSHOP Environmental, Social and Governance Report, detailing the company’s endeavors and accomplishments in the areas of...
Japan on Friday took a first step into its research for a green gross domestic product (GDP) measurement that reflects the country’s progress in reducing greenhouse gas emissions in its...
Collaboration will explore the development of decentralized power plant solutions in Thailand operating with INNIO’s highly efficient Jenbacher engines Jenbacher engines would operate on NG pipeline gas or liquified natural...
Available in Hong Kong and Singapore, Citi’s new deposit solution supports clients’ sustainability priorities while advancing Citi’s commitment to sustainable financing Citi today announces the launch of a new sustainability-focused...
New Visa Eco Benefits help cardholders understand the environmental impact of their payment transactions Over half of consumers in Asia Pacific would switch banks for products that help them calculate...
New Boeing research and development center in Japan to focus on sustainable aviation fuels (SAF), electric/hydrogen propulsion, robotics, digitization and composites Extends 2019 cooperation agreement with Ministry of Economy, Trade...
China will issue principles for green bonds to build a unified criteria for domestic issuers, rushing to establish standards in a growing market in line with international norms, the official...