ESG trends

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Singapore-listed palm oil stocks catch biodiesel spark

Farmers using biochar for their farms. The project sources cotton stalks from smallholder farms in Maharashtra, India, for use as feedstock for biochar production.

Indian startup Varaha inks deal with Microsoft to remove 2 million tonnes of carbon dioxide

Above: The headquarters of the stock exchange of Malaysia in Kuala Lumpur. Sustainability mandates are working in practice, not through regulatory force alone, but through the market power of large buyers who need supplier data to complete their own compliance reports.

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

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

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 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

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

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 

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

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