ESG Asia
The European Commission has launched the Climate City Capital Hub to provide financial support and advice to cities aiming for climate neutrality. With a €650 billion investment target, this initiative...
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,...
Alcazar Energy Partners, a leading investor in renewable energy within growth markets, announces the launch of the largest wind farm project in North Macedonia with a capacity of up to...
KKR, a leading global investment firm, and IGNIS, a leading integrated global renewable group based in Spain, today announce an agreement to launch IGNIS P2X, a new Power-to-X (P2X) platform...
Neustark, a Swiss carbon removal company, has raised $69 million to expand its operations globally. Led by Decarbonization Partners and Blume Equity, the funding aims to remove 1 million tons...
Supply chain Scope 3 emissions are significantly higher than operational emissions, yet often overlooked. Despite their scale, only a fraction of corporates set targets for these emissions. The responsibility to...
In today’s ESG landscape, we are seeing more companies setting new carbon emissions reductions targets, such as committing to net-zero targets and science-based targets (SBTs). In fact, the number of...
At the IFRS Foundation Conference coinciding with London Climate Action Week—ISSB Chair Emmanuel Faber will announce further harmonisation of the sustainability reporting landscape, as the International Sustainability Standards Board (ISSB) embarks on...
Vattenfall and Cemvision have entered an agreement (LOI) for the development and future supply of near-zero emission cement. The new cement has the potential to reduce carbon dioxide emissions by...
Pertamina published its debut Sustainable Finance Framework (Framework) which deepens the integration of its sustainability ambition into its financing strategy, thereby enabling Pertamina and/or its subholdings/subsidiaries to tap the market...
Greenhouse Gas Protocol (GHG Protocol) and the IFRS Foundation announced that they have signed a memorandum of understanding to guide future work and collaboration between GHG Protocol and the International Sustainability Standards Board...
Australia has issued its inaugural $7 billion green bond, signaling a significant advancement in the country’s sustainable finance market. This bond, aimed at financing projects that support climate change mitigation...
ExxonMobil and Air Liquide have formed a strategic partnership to drive the production and distribution of low-carbon hydrogen and ammonia, aiming to decarbonize industrial operations along the U.S. Gulf Coast....
Hong Kong’s sustainable debt market has seen unprecedented growth, becoming a leader in Asia and entering the global top ten in green bond issuance. This growth is driven by substantial...
Key Impact Points: The European Union has disbursed €2.967 billion via the Modernisation Fund to support 39 energy projects in 10 EU Member States. This funding aims to modernize energy...
Executive Summary: Australia’s government is spearheading major sustainable finance reforms to transition to a net-zero economy. These initiatives include mandatory climate-related financial disclosures, the development of a sustainable finance taxonomy,...
Executive Summary The Taskforce on Nature-related Financial Disclosures (TNFD) and the European Financial Reporting Advisory Group (EFRAG) have jointly published a correspondence mapping between the European Sustainability Reporting Standards (ESRS)...
Executive Summary: Unilever intensifies its climate advocacy efforts to accelerate emissions reduction and support global net-zero goals. By collaborating with coalitions and pushing for transformative policies, Unilever aims to create...
The global fashion retailer H&M Group is investing in Rondo and joining Rondo’s Strategic Investor Advisory Board to explore the potential for heat storage technologies to help decarbonize the textile...
EIT InnoEnergy, the leading innovation engine in sustainable energy supported by the European Institute of Innovation & Technology (EIT), announces the launch of the European Solar Academy. Mandated by the...
Funding from President Biden’s Investing in America agenda builds on nearly 100 cross-government actions that are sharply reducing methane pollution in support of clean air, good jobs and climate action...
Executive Summary The European Investment Bank (EIB) is supporting RWE’s new 1.1 GW Thor wind farm in the Danish North Sea with a €1.2 billion green loan. This project aligns...
Executive Summary: Google’s new Digital Sprinters sustainability report, commissioned by Deloitte, explores how digital technologies like AI and IoT can accelerate climate solutions, particularly in developing markets. The report emphasizes...
After the rightward turn in Europe’s elections last week, few people thought that the EU would continue its streak of leadership sustainability policies. In a surprise move, the environment ministers...
The U.S. Environmental Protection Agency released its 2024-2027 Climate Adaptation Plan, which describes agency actions to address the impacts of climate change and help build a more climate-resilient nation. The...
PepsiCo has published its 2023 progress report on Environmental, Social and Governance (ESG) results. The 2023 ESG Reporting Suite includes the ESG Summary, ESG Topics A-Z and the ESG Data Hub, providing a detailed...
Executive Summary: FedEx has appointed Karen Blanks Ellis as its new Chief Sustainability Officer, succeeding Mitch Jackson, who will retire on June 30. Ellis brings extensive experience in environmental management,...
Executive Summary: KPMG International’s report, based on interviews with 50 chief sustainability officers and managers, reveals the growing maturity of sustainability practices at the board level. It highlights the evolving...
Key Impact Points: Bloomberg announced a new data offering on the Bloomberg Terminal, collating data companies report in line with the EU’s Corporate Sustainability Reporting Directive (CSRD). This service is...
Key Impact Points: Executive Summary: Amazon has announced a significant reduction in plastic packaging, replacing 95% of plastic air pillows with paper filler across North America. This move is part...
Stockholm Exergi CEO Anders Egelrud: “The agreement shows that Stockholm Exergi’s bio-CCS project is both efficient and sustainable.“ Stockholm Exergi has signed an agreement for permanent negative emissions worth just...
Key Impact Points: Executive Summary: bp has acquired Bunge’s 50% stake in bp Bunge Bioenergia, becoming the sole owner of the biofuels joint venture. This strategic move allows bp to...
Executive Summary The European Supervisory Authorities (ESAs) have proposed new categories for financial products under the Sustainable Finance Disclosure Regulation (SFDR) to address greenwashing and improve clarity for investors. The...
Nestlé Travel Retail launches a new sustainable chocolate range exclusively for travel retail. This initiative, part of the Nestlé Cocoa Plan in partnership with the Rainforest Alliance, aligns with increasing...
H&M Move is proud to announce the expansion of its Move Together community program through a new 2-year collaboration with Laureus Sport for Good in Paris. Building on the strength...
FedEx continues to make inroads in deploying lower-emissions fleets and facilities in the region and increased its engagement with community sustainability initiatives Federal Express Corporation, one of the world’s largest...
Executive Summary Deloitte and dsm-firmenich have expanded their global collaboration to advance sustainable animal protein production through the Sustell platform, which calculates environmental impacts from the feed and farm sectors....
Executive Summary: ESG Book and Risk Labs have announced a strategic partnership to meet the growing demand for ESG solutions in the MENA region. This collaboration leverages ESG Book’s extensive...
Indigo Ag announced that Microsoft has agreed to purchase 40,000 agricultural soil-based carbon credits from the company’s third carbon crop, issued in February, representing the largest number of credits ever delivered by...
Executive Summary Masdar has signed a landmark agreement to acquire 67% of TERNA ENERGY, marking the largest energy transaction on the Athens Stock Exchange. The deal, valued at 3.2 billion...
Salesforce announced three major climate investments to accelerate a just energy transition. The company has joined Frontier, an advance market commitment (AMC) to collectively buy more than $1 billion of permanent carbon removal by...
Key Impact Points: Deloitte’s latest report, in collaboration with Workplace Intelligence, highlights increasing demands on CEOs to prioritize human sustainability. This concept involves creating value for employees, enhancing their health,...
Key Impact Points: Executive Summary: Workiva has launched Workiva Carbon, expanding its platform for ESG, financial reporting, and GRC with tools for carbon accounting, management, and decarbonization. This new addition...
Key Impact Points: Executive Summary: BTG Pactual Timberland Investment Group (TIG) will provide Microsoft with 8 million carbon removal credits, marking the largest carbon dioxide removal transaction to date. This...
Rules provide clarity and certainty for prevailing wage and apprenticeship requirements in the Inflation Reduction Act and ensure clean energy jobs are good paying jobs. The U.S. Department of the...
HyFive, the green hydrogen and derivatives platform of energy transition infrastructure investor White Summit Capital (WSC), will invest 250 million euros to build a green hydrogen and methanol production plant...
Key Impact Points: Staying within 1.5°C remains a key business goal, according to CDP data showing a nearly 50% increase in companies with 1.5°C-aligned climate transition plans. Sherry Madera, CEO...
Google for Startups announced the launch of two new accelerator programs designed to empower European and Israeli startups working on climate change solutions and artificial intelligence (AI). The Google for...
Key Points: A majority of U.S. voters support key climate policies, according to recent research by the Yale Program on Climate Change Communication and the Center for Climate Change Communication...
Key Impact Points: A Bloomberg survey of over 150 market participants from the banking, insurance, securities, and technology sectors who attended the Bloomberg Sustainable Finance Forum in Shanghai revealed significant...
Key Impact Points: Expanding Collaborative Efforts Mizuho Financial Group and Lombard Odier Trust have signed a new memorandum of understanding (MOU) to bolster their sustainability initiatives. This MOU extends their...
Key Impact Points: Garanti BBVA has announced the renewal of its $435 million sustainable syndicated loan. This financing will support foreign trade, corporate purposes, and investments aiding the transition to...
Key Impact Points: Schroders announced the UK launch of the Schroder Emerging Markets Value Fund, addressing the increasing UK client demand for exposure to the long-term growth potential of emerging...
Key Impact Points: Green Claims Directive: Council Moves ForwardThe Council has adopted its stance on the green claims directive, aiming to combat greenwashing and empower consumers to make informed, eco-friendly...
Key Impact Points: Peab has successfully issued green bonds totaling $141 million, demonstrating robust investor interest with around 150 participants. These funds will bolster Peab’s commitment to achieving its climate...
Key Impact Points: In California, climate change hits hardest in the most vulnerable communities. A new $10 billion climate resilience bond on the November 2024 ballot aims to change that,...
Latest research from KPMG reveals that almost one third (29%) of companies feel ready to have their ESG data independently assured, up only a fraction from nine months ago, despite...
Capgemini announced the signing of a long-term agreement with Equigy to develop a new decentralized energy system to manage more effectively the supply and demand of electricity across Europe. The crowd balancing platform (CBP)...
The World Bank (International Bank for Reconstruction and Development, IBRD) has mandated HSBC to structure a new outcome bond to address reforestation efforts in the Brazilian Amazon region. This principal...
The new investment will support the Company’s continued organic and inorganic growth RSK Group Limited (“RSK” or the “Company”), a global leader in the delivery of sustainable solutions, today announced...
The Council formally adopted the – first of its kind – regulation on nature restoration. This law aims to put measures in place to restore at least 20% of the...
A multilateral coalition of public and private sector investors pledged to invest US$20 billion in women’s economic empowerment over the next three years, under the 2X Challenge. The announcement came...
The World Business Council for Sustainable Development (WBCSD) recognized a critical gap between companies’ sustainability commitments and their policy engagement strategies. A recent InfluenceMap report found that 58% of the...
The Center for Sustainability and Excellence (CSE) proudly announces the Sustainability & ESG Leadership Summit, a groundbreaking event designed to propel businesses toward a more sustainable future. This distinguished gathering,...
Over the last few years, Europe’s “green deal” produced a plethora of sustainability policies. It seemed like every week, we reported on a new, far-reaching, world-leading sustainability regulation. Now that...
Helps investors monitor and report on portfolio risk and captures enhanced corporate disclosure driven by regulation ISS ESG, the sustainable investment arm of ISS STOXX, launched its enhanced Modern Slavery solution which...
Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) and Alterra Management Limited announced today the launch of the Catalytic Transition Fund (“CTF” or “the Fund”) focused on directing capital into clean energy and transition assets...
The governing board of the Climate Investment Funds (CIF) endorsed two investment plans for a total of $61 million in funding, harnessing nature-based solutions to address climate change in the...
Google has embarked on an ambitious partnership with NV Energy to develop a pioneering clean energy model. This initiative centers around the Clean Transition Tariff (CTT), a framework designed to...
Almost two-thirds (63%) of companies say they are very or extremely confident that they will be ready to report under the EU’s new Corporate Sustainability Reporting Directive (CSRD), according to...
Just 30% of more than 4,200 companies analyzed by Morningstar Sustainalytics ESG Risk Ratings have a strong level of board independence, defined as independent directors representing at least two-thirds of...
Some of the world’s biggest fashion brands have joined forces to participate in an innovative initiative to decarbonise the fashion sector, with commitments from Bestseller, Gap Inc., H&M Group, and...
Retired Yulex® wetsuits used as components to make new ones Patagonia, as the industry leader in environmentally and socially responsible surf gear, is proud to share the co-development of a...
The Energy Market Authority (EMA) has commissioned an enhanced Energy Management System (EMS II) with advanced tools and capabilities to better monitor and control Singapore’s electricity transmission network and generating...
The preorder of 5,000,000 nature-based removal credits from Catona’s carbon portfolio will enable ENGIE to flexibly source removals from multiple high-impact projects with locked-in pricing through 2039. Global reference in...
Purchase further demonstrates the significant role high integrity nature-based carbon solutions play as part of a holistic corporate climate action plan Anew Climate, LLC, a global leader of diverse climate...
Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and TAE Technologies, a global leader in fusion energy development, announced they have signed a memorandum of understanding to...
Key Impact Points: The KPMG 2023 CEO Outlook highlights the growing importance of sustainability in business. More than two-thirds of global CEOs have fully integrated ESG (Environmental, Social, and Governance)...
Koninklijke KPN N.V. (“KPN”) announces its intention to issue a Green € 500m perpetual non-call 5.25 year subordinated bond to finance projects that support KPN’s sustainability ambitions and have a...
PATRIZIA, a leading partner for global real assets, has re-positioned its ESG team to further strengthen its commitment to sustainability and impact investing. Mads Rude will continue to lead PATRIZIA...
Key Impact Points: CPP Investments, managing C$632.3bn for 22 million Canadians, has announced the appointment of three new regional heads to bolster its Sustainable Energies team. New Regional Heads Ricardo...
Freddie Mac released its 2023 Green MBS Impact Report showing the company issued $1.85 billion of Single-Family Green Mortgage-Backed Securities (MBS) for the year. The report highlights the estimated impact of the Single-Family...
Upgrade to corporate governance methodology and strengthening of three material ESG risk measures for Sustainalytics flagship product began May 30 and represents the most significant updates since industry-leading ratings were...
The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have developed a blueprint for a platform that integrates regulatory and climate data to help financial authorities...
ERM, the world’s largest specialist sustainability consultancy, has announced the signing of a deal to acquire Energetics, Australia’s leading climate risk and energy transition consultancy. The acquisition will enhance ERM’s...
Public comment on revised GRI Standards for employment practices and working conditions How are organizations responding to their responsibilities to ensure decent working conditions and fully disclose their impacts on...
Key Impact Points: Indonesia’s Pertamina Patra Niaga has taken a significant step in its sustainability journey by issuing its first spot purchase tender for Sustainable Aviation Fuel (SAF). The tender...
BBVA will issue a total amount of $50 million and the resources will be used to finance projects focusing on reforestation, the regeneration of natural forests on degraded land, mangrove...
Key Impact Points: EY Luxembourg has appointed Raphael Betti as the new leader of its Climate Change and Sustainability Services. Betti’s extensive experience in climate strategy and sustainability consulting is...
U.S. Plastics Pact Launches Roadmap Transforming Packaging and Supply Chains Across Industries New Plan Outlines Ambitious Targets toward eliminating Plastic Packaging Waste and Transitioning to a Circular Economy The U.S....
This partnership will mobilize investments through innovative financing solutions to scale up private sector-led clean energy generation and distribution in Nigeria. RMI, founded as Rocky Mountain Institute, and the Nigeria...
Accelerates alternative fiber strategies with new ambition to be 100% Natural Forest Free across product portfolio beyond 2030 Appoints Lisa Morden as Chief Sustainability Officer Kimberly-Clark published its annual sustainability report, including an...
Key Impact Points: Google has taken a significant step toward environmental sustainability by open-sourcing its Plastic-Free Packaging Design Guide. This initiative is part of Google’s broader commitment to reducing plastic...
The Rainforest Alliance, an international non-profit organization dedicated to protecting nature and improving rural livelihoods, and Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, announce a strategic partnership....
Key Impact Points: • Nippon Life’s framework supports high-emitting industries’ transition to decarbonization.• Emphasizes alignment with Paris Agreement’s 1.5°C target.• Framework ensures transparency and accountability in transition finance. Nippon Life...
Key Impact Points: • New appointments enhance the Committee’s capacity for consistent IFRS application.• Diverse expertise and experience brought by new members.• Strengthened guidance and interpretation of accounting standards. Committee...
Key Impact Points: • EVN’s progress in integrating renewable energy sources.• Continued reliance on coal to ensure stable electricity supply.• Challenges in balancing energy transition with growing demand. Operational Highlights:Vietnam...
The Texas General Land Office (GLO) has announced a request for proposals (RFP) to lease 1.1 million acres of state-owned offshore areas for carbon sequestration projects. This initiative is a...
ESG Analytics is an alternative data provider owned and operated by ExtractAlpha, a Hong Kong-based data company. ESG Analytics creates and tracks non-traditional sources to measure how companies, countries and investment...
The Rockefeller Foundation announced the creation of a new Climate Advisory Council to help advance people-centered climate solutions that both reduce emissions and enhance opportunities for communities most vulnerable to the effects...
Official logo of ESG News (C) 2025