Nature-related financial disclosures

Beyond polar bears: How nature-related financing can help companies be more resilient

It’s about integrating nature into economic value chains, and not just viewing it from a restoration or conservation perspective, says UOB chief sustainability officer Eric Lim

The quality of South-east Asia’s biodiversity lags the rest of the world and has been deteriorating.
ESG INSIGHTS

Issue 146: Urging the financial sector to address nature; Singapore investors lag on climate plans

This week in ESG: Singapore Sustainable Finance Association calls for action on nature financing; climate investor group polls investors on strategies, disclosures

The white paper notes that the challenges of nature degradation requires coordinated effort from the government, regulatory bodies, companies in the real economy, and the financial sector.

Nature financing presents business opportunities for financial institutions: MAS-backed association

Reversing the negative impacts of human activity on nature and restoring it can unlock US$10 trillion in global business opportunities and create 395 million jobs by 2030

Steel-sector financed emissions intensity rose for all three Singapore banks in their latest reports.
ESG INSIGHTS

Issue 141: Singapore banks face hard steel; UOB launches nature strategy

This week in ESG: DBS, OCBC, UOB report higher steel-sector financed emissions; UOB debuts plan to address nature-related issues

Deforestation at an area in Southwest Papua province, Indonesia; companies exporting to the EU market also be affected by the bloc’s deforestation laws but these transition risks are not yet material in the markets that UOB’s portfolio have exposure to.

About 20% of UOB’s lending portfolio exposed to nature-related risks

The bank has, for the first time, screened its corporate lending portfolio to assess the extent of its exposure to nature’s dependencies

In Singapore, about four out of 10 companies recognise the material importance of nature and biodiversity to their operations, and have begun setting targets to address these issues.

Sustainability beyond climate: The business imperative to include nature

Acknowledging and acting on the deep interconnectedness of climate change with nature is essential for companies’ sustainability and long-term resilience

The percentage of natural disaster losses that are insured in the Asia-Pacific and Africa lags the Americas and Europe, shows data by Munich Re.
ESG INSIGHTS

Issue 132: Natural disaster losses mount; nature reporting lags; tokenisation keeps trying

This week in ESG: Munich Re finds higher losses from natural catastrophes; Asia-Pacific companies not aligning with nature reporting framework; NUS, Northern Trust, UOB tokenise green bond impact repo...

A home engulfed in flames in Los Angeles County. The economic loss caused by the wildfires that have raged across the area could be as high as US$57 billion.

Building a circular bioeconomy to address the growing risk of wildfires

SINCE the evening of Jan 7, ferocious wildfires have raged across the Los Angeles area. Well over 100,000 people have been subject to mandatory evacuation orders, while early estimates have put the li...

Panellists who spoke at the release of the study were: (from left) CGS' Professor Lawrence Loh; City Developments' sustainability chief Esther An; UOB sustainability chief Eric Lim; and chief executive of startup Fashion Pulpit Raye Padit.

Only 13% of large Asia-Pac companies have adopted key nature reporting framework: study

Study by Kering and the Centre for Governance and Sustainability under NUS calls for companies to accelerate adoption of TNFD framework

The Singapore Exchange has mandated that listed companies report their climate or sustainability-related disclosures in line with the  International Sustainability Standards Board framework from FY2025.

Under 40% of Singapore’s top 100 companies link pay with sustainability goals: KPMG survey

The decline from 67% in 2022 could be from boardrooms being careful about disclosure following tightened disclosure requirements, ESG partner suggests