Australia declares El Nino to be strongest in decades

Forecasters expect the weather event to bring excessive rainfall to the Americas and create hot, dry conditions in Asia

Captive coal, which refers to off-grid coal plants operated by industrial companies to power their operations, has generally fallen outside financing restrictions.

Singapore banks may need to address indirect exposure to captive coal in their financing policies

Although such disclosures are not required by regulations, they do contribute to their ESG ratings

The International Energy Agency says US$27 billion is needed between 2025 and 2040 to deliver the region's proposed energy interconnection projects.

South-east Asia’s green power investments hit new high of US$17 billion in 2025: IEA

But coal is growing more dominant, accounting for nearly half of power generation in 2024

Electric heavy trucks are parked at a fleet depot equipped with electric truck chargers, Tangshan, Hebei province, China, April 1, 2026.

China sets sights on heavy truck electrification in blow to diesel demand

The country could move toward electric trucks at an even faster pace than targets indicate

STRAIGHT TO YOUR INBOX

Fridays: Latest environmental, social & governance issues.

Foundit Insights Tracker data show that green jobs’ share of total hiring posts has increased to 4.4 per cent in the first five months of 2026, from 2.8 per cent in 2023.
ESG INSIGHTS

Issue 198: UBS cuts Asia ESG staff; S-E Asian renewables assets face high climate risk

This week in ESG: Swiss bank sheds four of seven Asia sustainability team staff; Zurich Insurance finds 75 per cent of assets at high risk of severe climate impact by 2030

Solar power faces the steepest near-term exposure with about 80% of capacity facing critical risk.

US$165 billion of renewable energy assets in Asean face high risk of climate hazards: report

Upfront investment of about US$13 billion to make these assets more climate-resilient can help avoid US$82 billion in losses

China accounts for 52 per cent of the global offshore wind market, having overtaken Britain in 2021.

Global offshore wind capacity set to grow to 420 GW by end of 2035, Gwec report says

Annual installations are expected to double this year and triple by 2031, it adds

UBS has been scaling back its environmental, social and governance functions following its integration of Credit Suisse.

UBS reduces Asia ESG staff by half in global restructuring

The retrenchment comes after a broader pullback among global banks from dedicated ESG financial strategies

The old technology uses less electricity than centralised air conditioners is a major advantage for a resource-starved country.

Singapore brings back 19th-century tech to beat warming climate

The city-state has among the highest per capita use of air conditioners in the Asia-Pacific region

A poll of Singapore businesses shows the Iran war is fuelling resilience concerns among small and medium-sized enterprises.
ESG INSIGHTS

Issue 197: Singapore launches SME sustainability initiatives; natural disaster protection gap grows

This week in ESG: Climate transition council announces Green 100 movement; uninsured natural catastrophe losses rose to US$424 billion in 2025, Swiss Re finds