Asean banks not equally ready to meet climate goals: Moody's
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BANKS in South-east Asia are at varying levels of readiness to meet their carbon neutrality targets, with insufficient data and disclosures posing challenges for banks to incorporate climate risks in their loan underwriting, said Moody's Investors Service.
A limited supply of green and sustainability-linked bonds in the region is also making it difficult for institutional investors and banks to meet their net-zero targets.
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