ESG
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
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
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
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
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Fridays: Latest environmental, social & governance issues.
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
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
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 reduces Asia ESG staff by half in global restructuring
The retrenchment comes after a broader pullback among global banks from dedicated ESG financial strategies
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
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