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.

When a company discloses that its emissions are falling, it suggests that its business model is evolving as it reduces its reliance on fossil fuels. 

Preparing for climate risks helps companies weather Iran war shocks: SGX RegCo

Incorporating such factors in overall risk management is ‘a more holistic approach’

While solar and wind are the most mature and commercially viable clean energy sources, they are intermittent sources of power. 

AI-driven electricity demand powering hybrid financing for advanced nuclear startups

But scaling such technologies will hinge on the ability to bring in banks and institutional investors

Ravi Menon, Singapore’s ambassador for climate action, says that Green 100 is aimed at making SMEs’ climate action commercially meaningful.

Simplified disclosure programme launched to support SMEs in sustainability reporting

Just five metrics need to be reported under the new Green 100 initiative

Ravi Menon, Singapore's ambassador for climate action, says that despite challenges in carbon markets, it is key to "rebuild integrity so that financing can follow".

Asean may be forced to choose between economic growth and climate if both are not decoupled: Ravi Menon

Singapore will work on carbon markets, nature-based resilience, climate resilience as the bloc’s chair in 2027

Ravi Menon, Singapore’s ambassador for climate action and senior adviser to the National Climate Change Secretariat, at Ecosperity Week, Temasek’s flagship sustainability conference.

Convergence of energy security and climate action is ‘fragile’: Ravi Menon

Three forces make it so: that the move to greener energy takes time, Asian states’ use of subsidies, and coal being dug in

Fast-P was launched by MAS at the United Nations' 2023 climate change conference in Dubai.

Temasek-backed fund under Singapore’s blended finance initiative hits US$800 million in second close

Two other funds under the initiative are progressing towards their first closes later this year

A McKinsey report notes that the region faces a US$25 billion shortfall in funding needed for climate adaptation measures to reach developed-market standards.

Asian companies to face annual costs of US$336 billion from climate risks by 2030: report

Only 20% of these companies have estimated the financial implications of physical climate risk

The industry alliance is also supported by organisations such as Bain & Company and World Wide Fund for Nature Singapore.

Singapore contributes US$15 million to support carbon credit projects aligned with Paris Agreement

It is the first Asian country to pitch in to the carbon transaction facility

There are plans to shut the the South Luzon Thermal Energy Corporation coal plant in 2030 through transition credits.

Philippine transition credits to cost between S$50 and S$80 in line with Singapore’s carbon tax

This is not the cheapest price range, but replacing coal with solar energy and battery storage is expensive

Temasek CEO Dilhan Pillay says the investment company is still committed to its ambition of achieving net-zero portfolio emissions by 2050.

Temasek unlikely to meet 2030 climate targets, says CEO Dilhan Pillay

In the current global landscape, ‘the transition will be far more uneven, contested and non-linear’