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Issue 87: Geo Energy deals show coal still hot; Singapore banks growing that green

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Kenneth Lim

Kenneth Lim

Published Fri, Feb 9, 2024 · 07:00 PM
    • The sustainable share of Singapore banks’ customer loans grew to 13 per cent in 2022 from just 3 per cent in 2019.
    • The sustainable share of Singapore banks’ customer loans grew to 13 per cent in 2022 from just 3 per cent in 2019. ILLUSTRATION: KENNETH LIM

    In this issue: In this issue: Geo Energy gets a key investor and an offtaker, while Singapore’s Big 3 banks see a rise in their sustainable finance portfolios.

    South-east Asia

    Geo Energy is so not stranded

    The sustainability literature has no shortage of warnings about stranded assets, which can doom companies and investors that don’t decarbonise their portfolios and businesses quickly enough.

    ESG InsightsCoalGeo Energyenergy transitionSingapore bankssustainable financeSingapore bank lendingESG

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