Investors expect companies to set broad targets, commitments in climate change plans: report
Businesses should also set targets with independent verification and sector-specific commitments
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BUSINESSES should set comprehensive science-based quantitative targets across all material emission scopes, as well as sector-specific commitments, to adequately meet climate transition plans.
These are among the 5 principles identified in a report by the Investor Group on Climate Change (IGCC) on Thursday (Mar 3), which aims to improve the quality of business transition plans by laying out investor standards for climate plans.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Singaporeans can now buy record amount of yen per Singdollar
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
