ESG
Issue 176: Indonesia’s U-turn on coal phase-out; climate scenarios caught in paper retraction
This week in ESG: Cancellation of coal plant’s early retirement jeopardises multilateral programme; Retracted study used to model climate damage by central banks
Singapore’s 2023 greenhouse gas emissions fall 5.3% as industrial output declines
Industry and power sectors remain the largest contributors to the nation’s carbon footprint
Global coal demand hits record high this year but is set to decline by 2030: IEA
It is forecast to rise 0.5% in 2025 to a record 8.85 billion tonnes
Global central banks to issue new climate scenarios after earlier model controversy
The group including the ECB and PBOC has been pulled into an academic error after a climate study was withdrawn
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Investor interest in Indonesia’s energy transition may suffer after first coal phase-out project scrapped
The policy U-turn contradicts the country’s own commitments, says a think tank
Green stocks are big winners as tech boom drives energy demand
Lower interest rates have also improved the outlook for debt-heavy clean-power counters
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
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’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
Filipino typhoon survivors sue Shell over climate change
Typhoon Rai struck in December 2021, killing over 400 people and leaving hundreds of thousands homeless