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 Singapore’s Deputy Prime Minister...
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 during a session of...
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 climate challenges threaten up...
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 Charities. This initiative, developed...
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 Week MAS-World Bank event,...
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 Transformation: Taking a Systems...
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 pivotal leaders in navigating...
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, the Philippines. The Memorandum...
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 center is set to...
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 Complex, a facility that...
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, only 21% of organizations...
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 CCS facilities in the...
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. This strategic acquisition doubles...
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 Climate Action “Tackling trade...
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 business needs. The program...
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 access to a deeper,...
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 landmark deal makes Cyan...
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 suite of digital tools...