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
Tartu Science Park in Estonia. Across the EU, cleantech has experienced a steep drop in funding since 2022.

Competing for capital: Estonia’s cleantech sector adapts to rising national security priorities 

Its startups in this field note that their technologies can boost energy resilience, while supporting the low-carbon transition

Recent global advances in geothermal technologies have created new opportunities to harness sub-surface heat for power, heating and cooling needs, says EMA.

Singapore’s EMA to study potential of deploying geothermal energy

It is part of efforts to strengthen the Republic’s energy resilience and decarbonise the power sector

Solar panels in Gujarat Solar Park in India; sourcing solar power from a diverse set of locations strengthens Singapore’s power resilience.

Low-carbon electricity trading between Singapore and India being mulled, says global solar body

Project is technically feasible but a detailed study on the commercial viability still has to be conducted

In the next five years, BII expects that at least 40% of new investments will qualify as climate finance – up from the target of 30% in the previous five years.

UK’s impact investor to invest £1.1 billion towards energy transition in Asia’s emerging markets

Initiative will focus on investments that support emissions reduction in fast-growing countries with coal-based energy networks

Keppel says it is engaging with potential buyers for its assets, targeting S$2 billion to S$3 billion in non-core asset sales for the full year.

Keppel Q1 net profit dips on lower real estate contribution; Iran war yet to impact group

Recurring income improves year on year, on the back of higher income from operations and stable profits from asset management

Iran has blockaded the Strait of Hormuz – a critical chokepoint for global energy supplies – sending energy price shocks rippling through the global economy.
HOCK LOCK SIEW

Decarbonisation is making a comeback thanks to the Iran war. The test is whether it can be sustained

Efforts to accelerate renewable energy deployment across South-east Asia have been slow

Analysts say that the deprioritisation of sustainability among Asean corporates is temporary as banks continue to see strong decarbonisation momentum among their clients.

ESG loans in South-east Asia fall 46% in Q1 2026 amid heightened volatility from Iran war 

Proceeds from environmental, social and governance bonds decline 26.5% over the same period

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

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