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• British International Investment’s (BII) $60 million investment supports the $510 million Green Investment Partnership (GIP) under Singapore’s FAST-P framework.• The initiative aims to close Southeast Asia’s $210 billion annual...
• $30 million facility marks ADB’s first sustainability-linked loan in Bangladesh, advancing ...
A growing sovereign green bond market The Hong Kong Special Administrative Region ...
Asia-Pacific Leaders Advance ESG Integration On the sidelines of UN General Assembly ...
Jakarta’s Waste Crisis Spurs New Energy Push Indonesia’s sovereign wealth fund, Danantara ...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one ...
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• British International Investment’s (BII) $60 million investment supports the $510 million Green Investment Partnership (GIP) under Singapore’s FAST-P framework.• The initiative aims to close Southeast Asia’s $210 billion annual...
• $30 million facility marks ADB’s first sustainability-linked loan in Bangladesh, advancing green finance in the garment sector.• Funds will expand Envoy’s energy-efficient spinning operations and integrate 3.5 MWp of...
A growing sovereign green bond market The Hong Kong Special Administrative Region has released its Green Bond Report 2025, providing a detailed account of how HK$240 billion (US$31 billion) in...
Asia-Pacific Leaders Advance ESG Integration On the sidelines of UN General Assembly week, the United Nations Global Compact convened senior business leaders from Asia and Oceania for a closed-door Leadership...
Jakarta’s Waste Crisis Spurs New Energy Push Indonesia’s sovereign wealth fund, Danantara Indonesia, will roll out at least eight waste-to-energy plants by the end of October as part of a...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one of its largest private renewable energy investments with Founder Group Limited and Planet QEOS Sdn. Bhd. committing MYR1.16...
Singapore signals next stage in sustainable finance strategy The Monetary Authority of Singapore (MAS) has appointed Abigail Ng as its new Chief Sustainability Officer (CSO), effective 6 October 2025, marking...
Singapore turns to global carbon markets The Singapore government will purchase 2.175 million tonnes of nature-based carbon credits from projects in Ghana, Peru, and Paraguay, marking one of its largest...
LEGO Manufacturing Vietnam has signed a Direct Power Purchase Agreement (DPPA) with Vietnam–Singapore Industrial Park (VSIP), cementing its plan to power its newly opened factory entirely with renewable energy. The...
A Global First in Singapore The city-state has become the first government worldwide to roll out a national plastic passport program, powered by Nasdaq-listed SMX technology and its research partner...
A Cross-Border First for Asia’s Energy Transition From ridgelines in southern Lao PDR, 133 turbines now send clean electricity across the border into Vietnam. The Monsoon Wind Power Project, which...
The Tourism Authority of Thailand (TAT) is positioning ESG tourism as a key driver of sustainable growth, reporting a 20% rise in community income in just two months under its...
Singapore Anchors Regional Climate Finance Push The Monetary Authority of Singapore (MAS) has secured $510 million in committed capital for a new fund targeting green infrastructure across Southeast and South...
Taiwan SME Drives Dual Transformation to Deliver Precision, Durability, and Sustainable Automation Founded in 1985, TENSO Machinery Ind. Co., Ltd. is a Taiwanese manufacturer specializing in injection automation robots. All...
Climate Impact Partners, in partnership with RIZOME, has registered Asia’s first VM0047 project with Verra — only the second such project worldwide. Located in Mindanao, Philippines, the initiative restores degraded...
The Philippines has officially connected its first megawatt-scale floating solar power plant to the national grid. The 4.99 MW facility, built on the Malubog Reservoir in Cebu City, will directly...
FedEx is accelerating its sustainability agenda in Hong Kong with the deployment of six new electric panel vans, furthering its commitment to carbon-neutral global operations by 2040. The vehicles, Mercedes-Benz...
Malaysia is taking a major step toward aligning its renewable energy transition with the explosive growth of digital infrastructure. Clean energy provider Gentari, through Gentari Renewables Sdn Bhd, and Gamuda,...
Asia Pacific & Japan hyperscale data centre specialist AirTrunk has secured a record S$2.25 (US $1.65) billion green loan in Singapore to fund the development of its new Loyang-based facility,...
David Fogarty has been appointed Executive Director of the UN Global Compact Network Singapore (UNGCNS), effective 1 October 2025. He joins after 14 years at CBRE, where he most recently...
The UN Global Compact has launched the Central Asia Network, a multi-country office uniting over 140 companies across five nations to accelerate sustainable business practices and alignment with the Sustainable...
Global companies are accelerating efforts to embed sustainability across operations and supply chains, according to EcoVadis’ ninth annual Global Supply Chain Sustainability Risk & Performance Index. Based on analysis of...
Nippon Steel has signed a cooperation memorandum with Denmark’s Vestas Wind Systems to supply steel for wind towers across Europe, Asia, and Japan, Japan’s Ministry of Economy, Trade and Industry...
Global investment firm KKR has announced a A$500 million (US $335 million) strategic investment in CleanPeak Energy, marking the launch of a new distributed energy platform in Australia and KKR’s...
Singapore Management University (SMU) has successfully raised S$150 million through its inaugural Sustainability Bond, issued on 28 July 2025. The bond carries a coupon rate of 2.022% and matures in...
Türkiye has secured €2.4 billion ($2.8 billion) in green financing to fund the Kars-Iğdır-Aralık-Dilucu Railway Project, a strategic rail link connecting Türkiye to the Nakhchivan region of Azerbaijan, Treasury and...
Singapore’s sustainable finance ecosystem has taken a significant step forward with the release of practical guidance for applying the Singapore-Asia Taxonomy (SAT), aimed at accelerating credible green and transition financing...
Indonesia, the world’s largest archipelago with over 17,000 islands, is making significant strides toward a sustainable energy future. At the forefront of this transition is the Cirata Floating Solar Farm,...
Siam Commercial Bank (SCB) has outperformed its sustainable finance goal, disbursing more than 180 billion baht in sustainable loans and bonds within just two and a half years—well ahead of...
The Green Climate Fund (GCF) Board has approved a historic $1.225 billion in funding at its 42nd meeting, marking the largest amount ever allocated during a single session. The funds...
The Singapore Business Federation (SBF) is calling for a 12- to 24-month extension of mandatory climate-related disclosures under the ISSB framework for smaller firms listed on the Singapore Exchange (SGX)....
Tesla sealed a $557 million deal on Friday to construct its first grid-scale battery storage station in Shanghai, Yicai reported, bolstering its energy division’s footprint in China. The agreement, signed...
Lightsource bp has secured approximately TWD 6 billion (USD 185 million) to fund its first fishery solar project in Taiwan — and its first globally — positioning the company as...
Vietnam has formally launched the first phase of its emissions trading scheme (ETS), targeting three carbon-heavy industries—steel, cement, and thermal power—in a bid to bring down its rising carbon footprint....
B.Grimm Power Plc and Singapore’s Digital Edge will invest $1 billion to build a 100-megawatt data centre in Thailand, targeting a Q4 2026 launch to support soaring demand for AI,...
ACWA Power has announced a series of high-impact strategic agreements in Malaysia that could see up to USD 10 billion invested in the country’s clean energy and water infrastructure. The...
RGE and TotalEnergies have formalized a Co-Investment Agreement to develop, build, and operate a solar photovoltaic (PV) plant with integrated battery energy storage in Indonesia’s Riau Province. The project will...
Singapore’s Accounting and Corporate Regulatory Authority (ACRA) has launched the Sustainability Reporting Body of Knowledge (SR BOK)—a structured guidebook designed to help training providers create high-quality, ISSB-aligned programmes for professionals...
Syre, a textile-to-textile recycling startup launched by H&M Group and impact investor Vargas, has raised $100 million in Series A funding to make circular polyester production a hyperscale reality within...
South Korean steelmaker POSCO Holdings has successfully raised $700 million through a heavily oversubscribed green bond issuance, reinforcing investor confidence in its sustainability strategy. The funding was split across two...
Google has signed its first offshore wind power purchase agreement (PPA) in Asia Pacific, committing to buy clean energy from the 495 MW Fengmiao I offshore wind project in Taiwan....
Google has signed its first corporate power purchase agreement (PPA) for geothermal energy in Asia, marking a major step in its clean energy transition strategy across the region. The deal,...
The Department of Finance (DOF) is accelerating the country’s sustainable finance agenda by expanding the role of the Inter-Agency Technical Working Group on Sustainable Finance (ITSF), also known as the...
The LEGO Group has officially opened its most environmentally sustainable factory to date in Binh Duong, Vietnam—marking a strategic move to expand its manufacturing footprint across Asia-Pacific and meet growing...
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s leading renewable energy firm, has signed two pivotal agreements with PT PLN (Persero), Indonesia’s state-owned electricity company, to significantly advance...
Neste and DB Schenker have joined forces to accelerate low-emission logistics in Asia-Pacific, kicking off a trial that marks the first use of Neste MY Renewable Diesel™ for road transport...
Equinix successfully issued SGD 500 million in green bonds, marking its inaugural entry into Singapore’s bond market and the first such issuance by a U.S. corporate in over five years....
Hong Kong Exchanges and Clearing Limited (HKEX) announced achieving carbon neutrality across its global operations by the end of 2024, marking a key milestone in its climate action strategy. Paul...
DBS and the Singapore Manufacturing Federation (SMF) have signed a landmark MOU to help Singapore’s manufacturing sector reduce emissions and stay competitive in the green economy. This collaboration—the first between...
Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) is enforcing stricter ESG disclosure requirements on 12 pension fund managers to boost transparency in risk management and investment strategies. The details:...
Masdar, TotalEnergies, and EPointZero have signed a Framework for Action (FFA) to drive clean energy expansion in Africa and Asia, reinforcing UAE-France business cooperation. Strategic Collaboration The agreement, signed on...
IFC’s First Sustainability-Linked Loan in Indonesia The International Finance Corporation (IFC) has announced its first sustainability-linked loan in Indonesia, aimed at advancing green building certification and decarbonizing retail and logistics...
The Securities and Exchange Commission (SEC) has strengthened its ESG Product Platform by incorporating critical details about Sustainable and Responsible Investing (SRI) Funds, enhancing access to sustainability-themed financial products. This...
The Philippines has partnered with UAE’s Masdar, signing a $15 billion deal to develop renewable energy projects, including solar, wind, and battery energy storage systems (BESS), with a capacity of...
Mobilizing substantial capital: Global impact leader responsAbility Investments has advanced its Asia Climate Strategy to over $350 million in its third funding round, surpassing initial private sector capital mobilization goals....
The National University of Singapore (NUS), in partnership with Northern Trust and UOB, has unveiled a groundbreaking initiative to tokenise green bond reporting credentials, a first for Singapore’s higher education...
KPMG Singapore and the Singapore Institute of Directors (SID) have released their joint Budget 2025 Proposal, “Designing Singapore’s Future Together: Ready, Refreshed, and Resilient for Tomorrow.” The proposal outlines strategies...
Philippine’s SEC Issues Draft Framework for Green Equity Offerings The Philippine Securities and Exchange Commission (SEC) has unveiled a draft memorandum circular outlining the Green Equity Guidelines, a framework designed...
Indonesia’s Energy and Mineral Resources Minister Bahlil Lahadalia signed a decree allocating 15.6 million kilolitres (KL) of biodiesel for 2025, increasing the biodiesel blend to 40% (B40) by February. “The...
Vietnam has enacted a new Electricity Law, effective February 1, 2025, to modernize its energy sector and create a robust framework for renewable energy development. The amended law addresses longstanding...
United Microelectronics Corporation (UMC) has solidified its renewable energy commitment through a landmark CPPA with Fengmiao I Offshore Wind Farm, a project led by Copenhagen Infrastructure Partners (CIP). The agreement...
Verra, the global leader in climate action and sustainable development standards, has joined the Singapore Sustainable Finance Association (SSFA) to advance climate initiatives in Southeast Asia. This partnership aligns Verra’s...
Why it matters: The Asian Development Bank (ADB) is supporting innovative financial tools like sustainability-linked bonds (SLBs) to accelerate climate action in Thailand and across Asia. These bonds tie financial...
Singapore has announced the world’s first Master’s in Sustainable Healthcare and an Executive Fellowship to tackle climate change’s growing impact on healthcare systems. Launched by the Centre for Sustainable Medicine...
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 Partnership (FAST-P) initiative, aimed...
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 city-state is one of...
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 Change Action Program (CCAP)...
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 Authority of Singapore projects...
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 Ubadari, CCUS, Compression (UCC)...
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 sustainable aviation fuel (SAF)....
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 bank Kreditanstalt für Wiederaufbau...
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 the three regions. Developed...
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...
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 the leading sustainable finance...
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...
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 $75 million allocated to...
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...
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 Bond Programme. Key Details:...
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, and carbon capture, utilization,...
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 study, 71% of investors...
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 across Asia. This first-of-its-kind...
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 and Environment (DCCE). The...
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) in the Chinese Interbank...
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 Week held by the...
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 Joint Stock Bank (SeABank,...
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