Category: ESG Asia
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...
Noelle Henry
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...
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