The Business Times
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Janice Lim

Janice Lim

CORRESPONDENT

Janice Lim covers environmental, social and governance (ESG) issues at The Business Times. She joined BT after more than three years at TODAY covering a wide range of topics including economy and social issues. Before this, she had a four-year stint as a broadcast journalist with CNA. She graduated with a master’s degree in human rights from the University of Sydney and did her undergraduate studies in sociology and history at the National University of Singapore.

emailjanicelim@sph.com.sg
email@JaniceLimBT
Sembcorp chief executive Wong Kim Yin's annual compensation includes S$1.4 million in fixed pay and a S$550,000 bonus.

Sembcorp CEO’s pay rises 6.3% to S$6.8 million for FY2025

Other management executives are paid a total of S$16.5 million

Wong has over 20 years of experience in energy, policy regulation and financing.

DBS appoints energy and renewables head Kelvin Wong as new CSO

The move will take effect from May 11

Reducing its reliance on Russian gas has been the cornerstone of Estonia’s energy policy ever since its independence in 1991 following the dissolution of the Soviet Union. 

Estonia races towards renewables for greater energy security – not because of the Iran war

Its clean energy push was mandatory after its accession into the EU in 2004 and accelerated after Russia’s invasion of Ukraine in 2022

The review also highlighted that 63% of STI constituents have begun incorporating ISSB standards in their reporting.

40% of issuers required to make climate disclosures in FY2024 fully met SGX requirements: review

36% of issuers provided all 11 disclosures recommended under the TCFD framework

Ravi Menon, Singapore’s ambassador for climate action, says: “If you think about it, the ongoing crisis is a reminder of the inherent vulnerabilities in the global oil and gas system.”

Iran war raises urgency of climate transition, says Ravi Menon

He is one of two co-chairs of a platform set up to help busineses beef up their climate resilience and competitiveness

The Tengah Plantation MRT station, a stop on the Jurong Region Line, being built. Proceeds from the bonds will support the Singapore Green Plan, including the building of this train line and the Cross Island Line.

Singapore prices S$1.5 billion of 30-year green bonds at 2.57%

The proceeds will finance expenditures under the Singapore Green Plan 2030, including two new MRT lines

This is the first time OCBC's sustainability report is aligned with recommendations from the International Sustainability Standards Board.

OCBC cuts financed emissions in all targeted ‘dirty’ sectors in 2024

The bank’s reductions in oil and gas already surpass its 2030 goal, but annual performance depends on factors that may be outside control

Sustainable aviation fuel has been touted as one of the critical solutions for the eventual decarbonisation of the aviation sector.

Asean’s tourism sector could contribute to region’s sustainable aviation fuel development, says Airbus

This is relevant for the region, considering that a few countries have consistently been ranked among the top global travel destinations

As at January 2025, DBS, OCBC and UOB made up about 8% of Indonesia’s total corporate loan exposures.

Singapore banks could see biggest losses on Indonesia loans among regional peers due to climate risks

The study conducted by NUS’s SGFIN, analyses data on the probability of default for carbon-intensive sectors

Q&M says the deal supports its “long-term strategic objectives of expanding its footprint beyond Singapore and strengthening its presence in the Asia-Pacific region”.

Q&M to buy Australian dental group for A$144.5 million

The acquisition target has a network of more than 40 clinics and about 120 dentists

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