ESG

ESG INSIGHTS

Issue 175: Sembcorp courts still-brown Alinta; Asia can’t let coal go

This week in ESG: Sembcorp to buy Australian utility A$6.5 billion; coal phase-out fizzling out in Asia

Singapore's first electric vessel charging station at Toll Offshore Petroleum Services.

Toll Group launches first electric decarbonisation hub in Singapore

The initiative is expected to cut emissions by up to 80% per trip by vessels

Sembcorp says the move will add meaningful scale and diversification to its portfolio.
BROKERS’ TAKE

Sembcorp’s Alinta Energy buy: One step forward on earnings, two steps back on emissions?

Sembcorp says the acquisition is driven by Alinta’s renewables pivot, not its Loy Yang B coal-fired power station

Trixy Elle, a plaintiff from a fishing community, said that the lawsuit was about getting justice.

Filipino typhoon survivors sue Shell over climate change

Typhoon Rai struck in December 2021, killing over 400 people and leaving hundreds of thousands homeless

STRAIGHT TO YOUR INBOX

Fridays: Latest environmental, social & governance issues.

An expanded Brookfield team in Singapore will also examine opportunities related to biofuels, sustainable aviation fuel and carbon capture.

Brookfield plans Singapore hires to tap Asia energy demand boom

The firm aims to bring in up to four people to focus on renewable-energy and low-carbon tech deals

US President Donald Trump’s move to pull the plug on foreign-assistance projects translates to a loss of US$68 billion in funds for international aid.

Hopes are for impact investing to fill funding gaps in Asia – but less attractive returns are an obstacle

Barriers to growth in the region’s sector include fragmented deal flow and the perception of high risks

The power sector touches many parts of society, and the needs of various stakeholders must be considered to achieve and sustain progress.
COMMENTARY

Asian utilities slow to confront climate risk

ASIA might need to grow up when it comes to protecting its power sector against climate-related loss and damage, a new report has suggested.

Guest of honour Senior Minister of State for Trade and Industry, and Culture, Community and Youth Low Yen Ling (fourth from right) and CDL group chief executive Sherman Kwek (fifth from right) attending the graduation ceremony of the pioneer batch of 42 SMEs from CDL's SME Supplier Decarbonisation Queen Bee Programme.

For SMEs, tracking carbon emissions is not about theory but growing the business

Property player CDL works with its SME suppliers to develop a decarbonisation road map

A key element of the deal is the EU allowing international carbon credits to account for a greater share of emissions reductions.

EU reaches tentative deal to set 90% emissions cut goal for 2040

The bloc already has two binding targets: net zero emissions in 2050 and a 55% cut by 2030 from 1990 levels