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LG Energy Solution (LGES; KRX: 373220) announced the establishment of its first battery recycling joint venture (JV) with Zhejiang Huayou Recycling Technology Co., Ltd (hereinafter referred to as “Huayou Recycling”),...
Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, has published its 2022 Environmental, Social, and Governance (ESG) report. This publication, the Company’s second ESG report,...
The United Kingdom (UK) and Singapore held the 8th UK-Singapore Financial Dialogue in London yesterday. The Dialogue facilitated a useful exchange of views, and identified opportunities for further collaboration on...
RMI and UID establish Happy Energy Action Leadership Program to deliver on Indonesia’s Just Energy Transition Commitments. United in Diversity (UID) and RMI signed a memorandum of understanding, formalizing a...
On July 14, 2023, Banle Energy International Limited, a subsidiary of CBL International Limited (NASDAQ: BANL) (the “Company”), partnering with ASB Biodiesel (Hong Kong) Limited and Seven Seas Oil (Hong...
LeapFrog Investments, the Profit with Purpose firm, plans to commit US$500m to companies combating climate change in Africa and Asia, providing green tools and technologies to 50 million low-income people....
The Asian Development Bank (ADB) and Energy Market Authority (EMA) of Singapore have signed a MOU that paves the way for the development of renewable energy generation and transmission across...
As Singapore’s energy transition gains momentum, the clean energy industry is poised to experience significant workforce growth over the next decade. Results from the Energy Market Authority’s (EMA) Energy Sector...
The University of Hong Kong (HKU) has taken a significant step towards addressing global environmental challenges by signing a MoU with Fudan University and The University of Sydney. This collaboration...
The World Bank’s Board of Executive Directors approved $67.7 million to help finance the first phase of the Kyrgyz Renewable Energy Development Project that aims to increase renewable energy generation...
The Asian Development Bank (ADB) approved a $1 billion loan to help establish a city-wide public transport project in Davao City, the first project in the country to deploy electric...
GuocoLand Limited has secured a S$974 million green club facility from DBS Bank, United Overseas Bank, Oversea-Chinese Banking Corporation and Sumitomo Mitsui Banking Corporation for the refinancing of the commercial...
In March 2023, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the Global Green Growth Institute (GGGI) and the Securities and Exchange Regulator of Cambodia...
The World Economic Forum launches at the 14th Annual Meeting of the New Champions in Tianjin a new report that outlines a roadmap for China to develop its market for green...
The Secretariat of the Climate Data Steering Committee, Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) have signed a MoU to collaborate on strengthening access by stakeholders around...
IFC and First Balfour, a leading engineering and construction company in the Philippines, have agreed to collaborate to ramp up efforts to decarbonize the transport sector, supporting the country’s climate...
Finance Secretary Benjamin E. Diokno and World Bank Country Director for the Philippines Ndiamé Diop signed four (4) loan agreements amounting to US$1.14 billion on June 26, 2023 at the...
Under an agreement announced, the International Finance Corporation (IFC), will invest up to $500 million in PT Bank BTPN Tbk, comprising a social bond and a green bond issuance. The...
Six European companies will invest in projects worth a total of 1.2 trillion won ($929.27 million) in South Korea, spanning areas such as batteries and renewable energy, the country’s industry...
The World Bank has approved US$250 million in financing to improve the efficiency of water services in Jordan through the rehabilitation of water distribution networks, improving energy efficiency and strengthening...
To protect Thailand’s blue economy and scale up financing for green projects, IFC is subscribing to a $400-million green and blue bond issued by Bank of Ayudhya Public Company Limited...
A.P. Moller – Maersk has successfully secured green methanol for the maiden voyage of the world’s first methanol-enabled container vessel. Achieving this green fuel milestone is a significant step for...
China Baowu, the world’s biggest steelmaker, and Rio Tinto, the world’s largest iron ore producer, have signed a MoU to explore a range of industry leading new projects in China...
Cushman & Wakefield has announced the appointment of Mika Kania as Director, Sustainability & ESG, Asia Pacific. Kania will join Cushman & Wakefield’s growing Sustainability & ESG team where she...
Investment management company Aquila Capital has secured a 3 billion yen ($21.5 million) loan from Japan’s Ashikaga Bank for a solar power project in Japan’s Chiba prefecture, the company said...
The government of Bangladesh and the World Bank signed two financing agreements totaling $858 million to enhance climate-resilient agricultural growth, food security, and improve road safety. The $500 million Program on...
Japan plans to invest 15 trillion yen ($107.5 billion) over the next 15 years to supply the country with hydrogen, the government said on Tuesday, as it accelerates efforts to...
LONGi, a global leading renewable energy company, published its 2022 Sustainability Report in Beijing. The report discloses LONGi’s actions and achievements on a wide range of issues including environmental protection, social...
Helena Helmersson met with the Prime Minister of Bangladesh, Sheikh Hasina, and the State Minister for Ministry of Foreign Affairs, Shahriar Alam, to discuss the development of the garment industry and the competitive position of the country. H&M Group and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) also signed a Memorandum...
More than 160 participants are in Singapore for the Singapore-IEA Regional Training Programme on Seizing Opportunities with Regional Power Grids. This event marks the seventh instalment of the Singapore-IEA Regional...
BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today released its “2022 ESG Report,” highlighting the company’s fulfillment of social...
EcoCeres, Inc., an Asia-based innovative bio-refinery company with strong R&D capability, is excited to announce its first shipment of 100% agricultural waste-produced cellulosic ethanol to the European markets, a milestone the...
The EU and the Republic of Korea have established a Green Partnership with the aim of strengthening bilateral cooperation and exchanging best practices on climate action, clean and fair energy...
Chinese electric vehicle maker Nio has invested in a startup firm that is developing fusion technologies, according to a source with direct knowledge and a company filing, placing more bets in...
Governments from across Asia and the Pacific endorsed a UN resolution to take urgent action to combat climate change and its impact. They re-committed to immediately curb greenhouse gas emissions...
Octopus Energy announces its commitment to invest £1.5 billion in the Asia-Pacific energy market by 2027, helping speed up the region’s transition to a cleaner, smarter energy system. The global...
Using Vending Machines That Absorb Atmospheric CO2 Asahi Soft Drinks Co., Ltd., under Asahi Group Holdings, Ltd., announces that, in June of this year, it will begin a proof-of-concept demonstration...
South Korea’s Hyundai Motor Co said on Thursday it will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next 10 years to beef up...
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), in collaboration with the Ministry of Road Transport and Bridges of Bangladesh and the World Bank, held...
The United Arab Emirates’ COP28 president designate Sultan al-Jaber said on Wednesday the oil and gas industry should phase out its methane emissions by 2030 and that investment in technology...
China will implement an upgraded version of emission standards for vehicles nationwide from July 1, the country’s environment ministry said on Tuesday, pressuring automakers to clear inventories of their old...
By 2050, there will be no more coal power According to the report of the Ministry of Industry and Trade, the Power Master Plan VIII aims to fully supply the...
Indonesia plans to launch a carbon exchange in the second half of this year, its financial regulator said on Friday, as part of efforts to boost renewable energy use and...
The Republic of Korea’s Ministry of Economy and Finance has pledged $3 million to expand the ADB Ventures Seed program which provides catalytic funding to early-stage companies with tech-enabled solutions...
The World Bank’s Board of Executive Directors approved a US$345 million loan that supports China’s global public goods agenda by promoting the greening of agriculture and rural development in Hubei...
The Asian Development Bank (ADB) announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), a landmark program which could significantly ramp up support for the region...
Japanese trading house eyes floating wind turbines, sustainable aviation fuel Japanese trading house Mitsubishi Corp., together with MUFG bank and others, will launch one of the largest decarbonization funds in...
The Monetary Authority of Singapore (MAS) and the People’s Bank of China announced the establishment of the China-Singapore Green Finance Taskforce. The GFTF will deepen bilateral cooperation in green and...
Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Monetary Authority of Singapore (MAS) Deputy Chairman, announced the launch of MAS’ Finance for Net Zero (FiNZ) Action Plan...
Two new recently approved World Bank financed projects will help scale-up support to climate responsive public and private investments to promote job creation and business opportunities for women and help...
The Hong Kong stock exchange plans to make it mandatory for companies listed there to make climate-related disclosures, as the city strives to stay competitive as a green and sustainable...
Vice-President of the European Investment Bank (EIB) Teresa Czerwińska remarked, “This project will help to meet EU objectives and Uzbekistan’s national objectives related to energy generation. It is in line with EIB priorities on renewable...
Bain & Company announced that Karan Singh has been appointed Asia Pacific head of Sustainability and Responsibility (S&R) practice effective April 1. Based in New Delhi, Karan was one of the founding...
The OPEC Fund for International Development (the OPEC Fund) has signed two separate US$20 million loan agreements with ACWA Power to support the construction and operation of the 500 MW...
Japan is to revise its hydrogen strategy by the end of May with an ambitious target to boost annual supply to 12 million tonnes by 2040, the industry ministry said...
“Despite how difficult in 2022, the past is behind us. We should focus on 2023 and the future. Despite how much hardship entrepreneurs have endured, we never dwell on the...
The Department of Energy of the Philippines signed three Offshore Wind Service Contracts with Copenhagen Infrastructure New Markets Fund, the first 100 percent foreign-owned company to invest in offshore wind...
Iberdrola, one of the world’s largest clean energy companies, and Amazon have announced a new global collaboration to support the development of large-scale renewable energy projects and leverage cloud computing technology to enhance...
The World Bank’s Board approved a new US$100 million equivalent loan for the Armenia Green, Resilient and Inclusive Development Policy Operation (DPO). The operation supports the 2021-26 Program of the Government of...
Japan’s third-biggest oil refiner, Cosmo Energy Holdings Co Ltd, will make an investment of $3.2 billion in the next three years, with 30% to be allocated in green power and...
South Korea revised down its 2030 targets for reducing greenhouse gas emissions in the industrial sector on Tuesday but maintained its national goal of cutting emissions by 40% of 2018...
Malaysia’s Petronas has bid 38 billion rupees ($460 million) for a 20% stake in the green energy arm of India’s largest power producer, NTPC, in the first deal of its...
MSC and the Global Centre for Maritime Decarbonisation (GCMD) have announced the signing of a five-year Impact Partnership agreement. This agreement sees MSC, the world’s largest shipping line combine forces...
Pepperl+Fuchs establishes sustainable factory in Vietnam financed by USD 15m green loan from Deutsche Bank Pepperl+Fuchs announced the inauguration of a new sustainable manufacturing facility in Vietnam, which has been...
Partnership will enable BDO Sunghyun clients to access ESG Book’s market leading sustainability data solutions for corporates and investors. ESG Book, a global leader in sustainability data and technology, announced...
The World Bank’s Board of Executive Directors approved financing support in the amount of $12 million for the Scaling Solar 2 Project for Uzbekistan. The Project will help expand the country’s capacity...
South Korea’s national pension fund will consider climate change as part of its stewardship activities going forward, the welfare ministry said on Tuesday. A panel that oversees the National Pension...
– Will gradually adopt low-carbon aluminum in the drive toward carbon-neutral materials – Yamaha Motor Co., Ltd. announced that it has reached an agreement with an aluminum ingot supplier for...
Japan’s Tokyo Gas will cut shareholder returns from the next financial year and use freed up funds to invest in technology to slash its carbon emissions, the company said on Wednesday....
Indonesia on Wednesday launched the first phase of mandatory carbon trading for coal power plants, part of efforts by Southeast Asia’s biggest economy to boost renewable energy and achieve net...
China has launched a national wind and solar resources climate prediction model to enable provincial authorities to forecast energy demand and supply, the central government said on Friday. The model,...
TotalEnergies and Corio Generation, two of the world’s leading offshore wind and renewable energy developers, have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this...
The Green Finance Industry Taskforce (GFIT), convened by the Monetary Authority of Singapore (MAS), launched its final public consultation on a green and transition taxonomy for Singapore-based financial institutions. The consultation...
First-of-its-kind purchase helps scale new, high-impact projects in Brazil, India, sub-Saharan Africa, and Southeast Asia that advance a just and inclusive energy transition Eight-year contract enables Salesforce to maintain its...
The World Bank (International Bank for Reconstruction and Development, IBRD) priced a five-year $50 million, principal protected Emission Reduction-Linked Bond that provides investors a return linked to the issuance of...
JERA Co., Inc. has entered into a Memorandum of Understanding with Abu Dhabi National Energy Company P.J.S.C. (“TAQA”), one of the largest listed integrated utilities in the Middle East, that...
Meeting in Mumbai, European Investment Bank (EIB) Vice-President Kris Peeters and founder of global sustainability private equity firm GEF Capital Partners Raj Paj formally announced a $40 million commitment to the...
The Water Sector Governance and Infrastructure Support Project was jointly launched by the Honorable Minister of Water Supply, Abdul Khan and World Bank Country Director for Maldives, Nepal, and Sri Lanka,...
Pluglink, an electric vehicle charging platform, announced on the 7th that it signed an investment agreement with KDB KIAMCO, the largest alternative asset manager in Korea, for a total of KRW...
Sumitomo Corp and Chile power supplier Colbun have agreed to collaborate in production of green hydrogen and ammonia, the Japanese company said on Friday. The memorandum of understanding focuses on green...
TotalEnergies has started up commercial operation of a 51-megawatt (MW) solar power plant located in Tsu, Mie Prefecture, Japan. The plant, connected to the electricity distribution grid, will supply its...
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...
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