ESG Asia
China’s State Council on Thursday published an action plan to improve air quality amid the country’s effort to promote high-quality economic development. The plan contains a series of measures to...
Singapore and Papua New Guinea (PNG) signed an Implementation Agreement on carbon credits cooperation under Article 6 of the Paris Agreement. The Agreement was signed by Minister for Sustainability and...
Sprott Asset Management and HANetf have announced the launch of the Sprott Copper Miners ESG Screened UCITS ETF, an innovative new fund designed to offer investors access to copper mining...
Funding Will Help Meet the Growing Demand for BeCause Solutions from Global Travel Brands and Enterprise Companies BeCause, the Danish start-up transforming how the global hospitality, travel and tourism industries...
Digital trade and investment are driving forces of the modern economy, and growth in the Asia-Pacific region has exceeded the global average, with the region now accounting for a quarter...
Toyota Motor North America announced the availability of its 2023 North American Environmental Sustainability Report. Covering Toyota’s activities in the United States, Canada, and Mexico, the report has been published...
The Governments of France and Morocco, together with the UN Environment Programme (UNEP), launched the Buildings Breakthrough at COP28, which will see countries joining forces to accelerate the transformation of...
Amazon is accelerating its transition to sustainable logistics in Europe, significantly increasing its reliance on rail and sea transport. This eco-friendly shift not only reduces the company’s carbon footprint by...
Trial of pioneering new technology in collaboration with Hrastnik1860, reduces Greenhouse Gas emissions by more than 30% Family-owned spirits company, Bacardi has successfully completed the world’s first commercial production of...
A.P. Moller – Maersk (Maersk) is about to launch the first of its 18 large methanol-enabled vessels currently on order. On 9 February 2024, it will enter service on the...
Tech giant inks deal to buy 1.5 million carbon removal credits from Mombak, aiming to become carbon negative by 2030. Tech giant inks a deal to purchase 1.5 million carbon...
BBVA’s Turkish unit has just renewed its $415 million syndicated loan based on environmental, sustainability and governance (ESG) criteria. The financing is part of the bank’s foreign borrowing program and...
Bloomberg announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg’s flagship indices such as the Global Aggregate, Treasury...
The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar,...
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and strongest financial institutions, announced that it will lend, invest and facilitate over AED500 billion...
The Monetary Authority of Singapore (MAS) published its finalised Code of Conduct for ESG Rating and Data Product Providers (“CoC”) and an accompanying Checklist for providers to self-attest their compliance...
In a continued effort to address the global climate crisis, the Arab Coordination Group (ACG), a strategic alliance of regional and international development institutions, announced at COP 28 in Dubai,...
UN climate chief Simon Stiell said on Wednesday that COP28 delegates are not in Dubai to “score points” and play at “lowest-denominator politics”; they must take ambitious action on curbing...
Nestlé, the world’s largest food and beverage company, is cutting its ocean logistics greenhouse gas (GHG) emissions by using Maersk’s ECO Delivery solution for 100% of its ocean containers shipped...
Schneider Electric, the leader in the digital transformation of energy management and automation, announced that Google, ASM and HP have joined the Catalyze program, which aims to accelerate access to renewable energy across...
Ørsted is embarking on the construction of two carbon capture (CCS) facilities designed to capture and store carbon emissions from the woodchip-fired Asnæs Power Station in Kalundborg and the straw-fired...
A.P. Moller-Maersk (Maersk) announced more than USD$500 million investment to expand its supply chain infrastructure to support Southeast Asia’s emergence as a global production hub and a consumption powerhouse. Maersk’s...
Energy Transition Plan lays out roadmap for Uganda to sustainably develop its energy sector, meet its climate targets, deliver universal energy access and realise widespread economic benefits Uganda’s Ministry of...
Nedbank launches R2,1 billion Green Private Power Tier 2 Bond − fuelling private sector renewable energy growth in South Africa Nedbank, a pioneer in sustainable finance solutions, has announced the...
Parliament and Council negotiators agreed on an update to the so-called “ecodesign” regulation that aims to improve various aspects of products throughout their lifecycle to make them more durable and...
The fund is focused on investment in greenfield renewable energy infrastructure in high growth middle-income markets and is expected to enable more than 10 GW of clean energy Copenhagen Infrastructure...
Following the successful investment agreement in Baltic Eagle in Germany, the first milestone of this alliance is a co-investment in the 1,400 megawatt (MW) East Anglia 3 offshore wind project...
Programs by MIT Sloan, NYU Stern, and most recently, Arizona State University combine with Deloitte’s own Learning and Development training to form a comprehensive suite of climate change and sustainability offerings for...
Ashley Black, inventor of the FasciaBlaster tools, announces 31 days of “My Favorite Things” holiday product specials. The curated series kicked off Dec-1 and will run through Dec 31, 2023. ...
Avrio has announced that its Digital Financial Market Infrastructure (DFMI) is now available in the Abu Dhabi Global Markets Financial Services Regulatory Authority Digital Lab (Lab), delivering a suite of...
Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced the intent to establish a green investments partnership to address climate finance gaps...
The World Bank announced at COP28 a new Climate and Health Program to urgently respond to the rising negative health impacts of climate change in low- and middle-income countries. Through...
Abu Dhabi will host a pioneering Global Climate Finance Centre (GCFC), that will accelerate the development of climate finance frameworks and skills, and champion best practices in the UAE and globally. The...
The Coal to Clean Credit Initiative (CCCI), which has support from The Rockefeller Foundation, announced a new collaboration with ACEN Corporation to explore a pilot project in the Philippines that would leverage...
energyRe, an independent U.S. clean energy developer, announced that it has raised a $1.2 billion capital package to support the expansion of its large-scale renewable energy portfolio comprising utility-scale transmission and storage,...
The European Investment Bank (EIB) and Allianz Global Investors (AllianzGI) announced new capital commitments to the Emerging Market Climate Action Fund (EMCAF). The United Kingdom Foreign, Commonwealth & Development Office...
Eni has signed a five-year Sustainability-Linked revolving credit line worth €3 billion, related to two targets of Eni’s Sustainability-Linked Financing Framework, last updated in April 2023. The new facility will...
New cooperation agreement reached, as GRI-ESRS Interoperability Index is made publicly available Following a successful partnership between EFRAG and GRI over the past three years, a new Memorandum of Understanding...
One of the most cited quotes about modern business has to be the Ocean Tomo study that 90% of a company’s value now sits in intangibles. One of those intangibles is...
Another COP – Conference of the Parties – is upon us. As the 28th COP gets underway, climate negotiators from nearly 200 nations are arriving for two weeks of negotiations...
Protein Evolution’s Biopure™ technology uses AI-designed enzymes to produce the raw materials of polyester from plastic waste – not petroleum Protein Evolution, Inc., a biological recycling company working to decarbonize...
At the COP28 in Dubai, Commission President Ursula von der Leyen, Founder of Breakthrough Energy Bill Gates, and European Investment Bank President Werner Hoyer announced the first two European projects to...
RMI, in partnership with four leading banks — Citi, ING, Société Générale, and Standard Chartered — along with aluminum industry stakeholders, has developed a first-of-its-kind framework to enable banks to measure...
As the world moves towards net zero, the aviation industry is under pressure to accelerate its decarbonisation efforts. Many commercial airlines are looking to reduce carbon emissions with sustainable aviation...
Standard Chartered’s latest Sustainable Banking Report 2023 reveals USD3.4 trillion of retail investor capital could be mobilised towards climate investments in 10 growth markets across Asia, Africa and the Middle East by...
With an ambitious financing package announced at COP28, the World Bank Group is helping people in developing countries better withstand the devastation of climate change and create a better world...
Stripe, a financial infrastructure platform for businesses, launched Climate Orders, which makes it easy for any business to pre-order carbon removal tons via Frontier, an advance market commitment (AMC) cofounded by...
As world leaders prepare for the COP28 climate summit in Dubai, it is more important than ever that business goes further than before in terms of climate action. We are announcing...
Powerful educational partnership with BPP will transform urgent business learning need BPP Education Group, a global leader in professional and vocational education, announces £5M Series A investment and partnership with...
During COP28, Global Fashion Agenda (GFA) released the 2023 edition of The GFA Monitor – a report to guide fashion leaders towards a net-positive fashion industry. The second GFA Monitor has been updated to include the latest guidance...
As COP28 kicks off in Dubai, businesses, policymakers, and civil society are increasingly recognizing the profound impact of food systems on the world’s most pressing social and environmental challenges. Since...
The new DHL Europe Innovation Center will serve as a hub for trend research and technology development, providing innovative solutions to assist customers and partners in navigating their logistics journey....
Google has partnered with clean-energy startup Fervo to develop a geothermal power project in Nevada that is now contributing carbon-free energy to the electric grid. This marks a significant step...
In 2023, there has been a notable evolution in the realms of sustainability and environmental, social, and governance (ESG). Companies find themselves under increasing pressure to provide transparent and credible...
Dow announced that its board of directors has declared Final Investment Decision on the Company’s Fort Saskatchewan Path2Zero investment to build the world’s first net-zero Scope 1 and 2 emissions integrated ethylene cracker and...
Leaders from the United Nations and Microsoft Corp. on Thursday announced a partnership that will enable the UNFCCC to create a new AI-powered platform and global climate data hub to...
With an estimated $18.4 trillion of ESG-orientated assets now being managed globally, the FCA is putting in place new Sustainability Disclosure Requirements and an investment labels regime after detailed engagement with a...
Urgent action on climate can help Azerbaijan minimize the risks emerging from the global low-carbon transition and protect the living standards of its people, says the World Bank Group’s Azerbaijan Country Climate...
Global commitment to double the pace of efficiency improvements this decade is crucial as record heat and growth in energy-intensive industries boost energy demand Policy makers around the world expanded...
More and more people see climate change as a serious threat, but at the same time have less and less basic knowledge about global warming and its consequences. According to...
10,000 tons of carbon dioxide removal will be delivered using new Carbon Casting technology Graphyte, a carbon removal startup backed by Breakthrough Energy Ventures, announced that American Airlines will be...
The new rules will reduce air, water and soil pollution, and steer large agro-industrial installations in the green transition. Late on Tuesday night, negotiators from the Parliament and Council reached...
Bloomberg Philanthropies and Goldman Sachs announced that the Climate Innovation and Development Fund (CIDF) has completed allocating its $25 million in philanthropic concessional capital to help advance sustainable low-carbon economic...
Drawing on data and insights from across S&P Global, the report analyzes the physical risks of climate change and the challenges of limiting global temperature rise to below 2 degrees Celsius...
Power Sustainable, an alternative asset manager, today announced a CAD $200 million commitment for the Power Sustainable Energy Infrastructure partnership (the “Fund”), for a final close of CAD $800 million for Vintage II. This brings...
The Voluntary Carbon Markets Integrity Initiative (VCMI) has released additional guidance for its Claims Code of Practice (Claims Code), enabling companies to make claims about their use of high-quality carbon credits....
Alibaba Group Holding Limited has joined a group of over 200 of the world’s leading sustainable businesses as the newest member of the World Business Council for Sustainable Development (WBCSD). ...
IKEA has announced the launch of a new mattress removal and recycling scheme in collaboration with The Furniture Recycling (TFR) Group, giving UK customers a convenient way to recycle old...
US$140 billion investment and mass scale in domestic market drives China’s advantage Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, China...
Allianz Global Investors (AllianzGI), FMO Investment Management (FMO IM), and the John D. and Catherine T. MacArthur Foundation (MacArthur) announced that the SDG Loan Fund (the Fund) has successfully mobilized...
Despite an overwhelming majority of countries ready to move forward on a robust and ambitious treaty, countries with deep petrochemical interests delayed progress throughout the week and blocked the final...
Companies that lead in disability inclusion drive more revenue, net income and profit, according to a new research report from Accenture in partnership with Disability:IN and the American Association of People with Disabilities (AAPD)....
Expanded relationship integrates IBM’s Envizi ESG Suite with Deloitte’s GreenLight Solution, fosters new offerings for end-to-end environmental needs Collaboration to help clients deliver improved sustainability outcomes by streamlining data, elevating...
Combined capabilities drive production performance, energy efficiency and emissions management, supporting utility grid orchestration across industries The EY organization announced an alliance between Aspen Technology, Inc, a global leader in...
Leading sustainability technology platform, Clarity AI, uses AWS’s generative AI, machine learning, and analytics capabilities to measure sustainability and social impact of companies and funds At AWS re:Invent, Amazon Web...
Momentum behind carbon capture, utilisation and storage (CCUS) is reaching unprecedented levels, but implementation continues to lag behind, a new IEA report finds. With over 400 new carbon capture, utilisation...
Preem’s Board of Directors has decided to invest approximately SEK 5.5 billion to repurpose the existing refinery in Lysekil. The investment represents an important milestone on Preem’s transition journey, as the company...
H&M Group is taking a leadership position in establishing collaborative financing solutions that enable the necessary decarbonisation of fashion supply chains. To realise this ambition, H&M Group, together with Southeast...
The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Swedish company Billerud, a world-leading paper and packaging materials supplier. The loan supports investments in the...
Bloomberg is the first data provider to build a tool using a resource from the UN Environmental Programme Finance Initiative to enable global impact integration in portfolios Bloomberg announced the...
Iberdrola is proud to contribute to the UK’s leadership in energy security and decarbonisation. With stable and predictable regulatory frameworks in place in the country, we are more committed than...
Dubai offers a perfect blend of modernity and tradition, making it an ideal destination for delegates attending COP28. From world-renowned landmarks to cultural experiences, there’s something for everyone in this...
Related Article: Top 5 Must-See Attractions While in Dubai for COP28 Visiting Dubai for COP28 can be a chance to put these sustainable practices into action. Traveling sustainably not only...
Over the past several years, BNP Paribas has been very active in Sustainability-Linked Loans (SLL), which aim to foster companies to improve their ESG performance by directly linking the financial conditions...
The International Partners Group (IPG), co-led by the United States of America and Japan and comprised of Canada, Denmark, the European Union, the Federal Republic of Germany, the French Republic,...
Investors, especially in Europe, remain committed to achieving environmental, social and governance (ESG) goals and are concerned about the economic transition, according to a survey by Deutsche Bank’s Private Bank...
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has launched a consultation on its roadmap for insuring the transition. The consultation sets out Lloyd’s proposed approach for the next...
ESG.AI, a Canadian based ESG decision support company, has partnered with the London Stock Exchange Group (LSEG) to deliver a next generation ESG analytics platform. ESG.AI’s platform helps organisations and...
Next week thousands of ESG News readers will head to Dubai for COP 28. They’ll be visiting one of the most interesting cities in the world, with lots to offer...
European deliveries are packed in recyclable paper bags, cardboard envelopes and boxes – or no added packaging at all. All our delivery packaging in Europe—the boxes, bags and envelopes needed...
The Commission launched the first auction under the European Hydrogen Bank to support the production of renewable hydrogen in Europe, with an initial €800 million of emissions trading revenues, channelled through the Innovation Fund. Producers of...
Small-scale farmers and agribusinesses are on the front lines of two global battles: one to ensure food security and the other against climate change. As small-scale agriculture provides 35% of...
Europe is often perceived as ahead of the US when it comes to climate action. While political polarization over environmental issues grabs the headlines, the US has been on a...
The year is 2013 and I am running for Member of Parliament as a Green party rep in my home country. I realise 2 things- environmental concerns are not among...
Launched earlier this year by WBCSD, The Climate Drive is a game-changing platform designed to support businesses and their suppliers in speeding up decarbonization efforts. It is now expanding its...
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to...
The Commission is opening the Innovation Fund‘s 2023 call for proposals with a record budget of €4 billion to support the deployment of innovative decarbonisation technologies. The call is funded by revenues from...
Ericsson has successfully placed a green Euro-denominated 500 million 4.5-year bond. The bond was issued under Ericsson’s Euro Medium Term Note Program (EMTN). The issue follows a well-attended road show,...
The offtake agreement between A.P. Moller – Maersk and Chinese developer Goldwind, a global leader in clean energy, reaches into the next decade and marks the first large scale green...
Intel has announced plans to further reduce its direct and indirect greenhouse gas emissions and develop more sustainable technology solutions. As one of the world’s leading semiconductor design and manufacturing...
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