ESG trends

When your customer sends the ESG memo: How big buyers are forcing Malaysia’s SMEs to comply

As the country’s biggest corporations race to meet the year-end sustainability disclosure deadline, the pressure is being felt along their supply chains 

Since the end of FY2022, only 32% of companies examined in the EY study made disclosures against all 11 TFCD recommendations, which form the basis for the ISSB-aligned standards.

Over two-thirds of SGX companies unprepared for new sustainability reporting standards: EY study

Firms with financial years ending Dec 31 have under six months to prepare for the transition to ISSB-aligned disclosure standards

The growing need for climate solutions is generating emerging value pools across value chains, says the report by Boston Consulting Group and Temasek.

BCG, Temasek see investment opportunities for private capital – in climate projects needing trillions in funds

The rising need for financing is evident, yet global funding is only US$76 billion annually, with public sources contributing most of it

The tax function can promote sustainability through the use of various government tax- and grant-related schemes and frameworks.

How tax professionals can play a role in a company’s sustainability journey

They can assess ESG-related schemes to help firms reduce their carbon tax costs, contribute towards causes, and adopt good tax governance

Rules for ESG fund disclosures in Europe are currently being overhauled, after investors and even national regulators criticised the existing framework.

ESG funds hit by worst-ever redemptions as backlash deepens

ESG fund managers are facing one of the toughest moments in the strategy’s history, as investment clients pull record amounts of money.

Italian vertically integrated utility Enel’s US$2 billion issuance in June drove SLB issuance by companies and governments to US$6.6 billion that month, the highest amount since the US$7.5 billion raised in September 2023.

Global trends in sustainable finance bonds 

The sector continues to grow, with worldwide issuances hitting US$990 billion as at the end of November 2024

There were a host of monumental achievements last year – from the closure of the UK’s last coal-powered electricity plant and the continued rapid growth of renewables to deforestation in the Brazilian Amazon (above) falling to a nine-year low in the 12 months to July 2024.

Here’s why I’m optimistic about climate financing

Carbon markets may have a slightly better year in 2025, as an agreement on a UN-backed carbon market has been finally reached at COP29

EVs need 3.1 terrawatt hours of energy – equivalent to 6.9 per cent of the country’s electricity consumption today.
COMMENTARY

Microgrids can help with energy bottlenecks as Singapore scales EV population

These small-scale power systems that operate outside a national grid system and, with the help of energy management systems, could smooth generation and demand across the island

Despite the substantial growth of renewable energy sources, fossil fuels continue to provide 80 per cent of global energy today and are likely to remain a significant part of global energy supply for the foreseeable future.

Navigating the new energy frontier: Investors can find opportunities amid the transition

From renewable infrastructure to natural gas projects, investors have a vast range to pick from in the drive towards a lower-carbon future

At COP29, developed nations agreed on US$300 billion as a climate finance goal to help developing nations. But, it is estimated that South-east Asia alone needs US$210 billion annually to meet its transition needs.

COP29 shows South-east Asia’s energy transition needs private finance; effective policies will catalyse that

The right ecosystem can support accelerated investment in solutions that can curb global warming, while not limiting economic growth