sustainable finance

OCBC invests in low-carbon steel in Malaysia’s Sabah

The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated low-carbon steel plant

International investors’ interest in green, social and sustainability bonds in South-east Asia is expected to remain robust.

South-east Asia’s ESG bond proceeds rebound with 73% jump in Q3 2025

Issuance of environmental, social and governance loans rise 33.3% to US$14.8 billion over the same period

The Suralaya coal-fired power plant in Cilegon, Banten in Indonesia;  the report has found that coal-fired power plants account for the largest share of both current and projected losses.

Asian utility companies to face climate-driven losses of US$8.4 billion by 2050: report

A report by the Asia Investor Group on Climate Change and MSCI notes that failure to adapt will increase operational costs and fixed asset losses

East Asia and South-east Asia are key regions with large pipelines of potential coal phase-out projects, a study finds.
ESG INSIGHTS

Issue 173: Coal confronts imperfect pathways; COP30 leaves world wanting more

This week in ESG: Coal Transition Commission tackles scaling solutions; COP30 wraps up with adaptation target

Within Asean, coal plants assessed to have the most opportunities for early shutdown are those operating in liberalised electricity markets or are owned by independent power producers.

COP30: About one-third of world’s coal fleet shows ‘significant’ opportunity for early shutdown, says report

Coal Transition Commission notes that 80% of this capacity are young to middle-aged assets which offer potential for significant emissions reductions

Singapore and Indonesia use different criteria for financing the early retirement of coal plants.
ESG INSIGHTS

Issue 172: Asean Taxonomy’s unfinished business; data centres encroach on palm oil

This week in ESG: Asean launches complete version of sustainable finance criteria; Malaysian plantations to build green data centres

Singapore Sustainability and the Environment Minister Grace Fu (left) and Malawi Natural Resources, Energy and Mining Minister Jean Mathanga at the MOU signing in Belem, Brazil.

COP30: Singapore, Malawi sign preliminary carbon credits deal

MOU paves way for trading of carbon credits aligned with Article 6 of Paris Agreement

Sustainability and Environment Minister Grace Fu speaking at the Singapore Pavilion at COP30 in Belem, Brazil on Monday (Nov 17).

COP30: Singapore, Thailand looking to launch call for carbon project applications in Q1 2026

They release a list of programmes and methodologies that meet the requirements for the international transfer of carbon credits

Securities Commission Malaysia chairman Mohammad Faiz Azmi (left) with Amir Hamzah Azizan, Minister of Finance II, Malaysia (middle) at a batik-making demonstration held alongside the ACMF International Conference 2025.

Asean’s new ESG rulebook faces a reality check

The ACMF Action Plan 2026-2030 is positioned as a road map for credible, comparable disclosures in the region

Regulatory bodies, industry groups or regional coalitions may now have to step up to get more banks to adopt NZBA’s net-zero guidance, so that the region continues to have comprehensive standards, say observers.

Regulators, industry groups may need to fill gap left by closure of climate banking alliance, say observers

In the absence of separate scrutiny, the onus also falls on banks themselves to be transparent