sustainable finance
Issue 190: Scenario gap in climate disclosures; sustainable finance and energy security
This week in ESG: Review finds progress in Singapore-listed companies’ climate reporting; sustainable finance critical to energy resilience for Singapore
Estonia races towards renewables for greater energy security – not because of the Iran war
Its clean energy push was mandatory after its accession into the EU in 2004 and accelerated after Russia’s invasion of Ukraine in 2022
40% of issuers required to make climate disclosures in FY2024 fully met SGX requirements: review
36% of issuers provided all 11 disclosures recommended under the TCFD framework
OCBC ups ante on SME sustainability with S$25 billion financing target
This is the first time an Asian bank has set a dedicated sustainable finance goal for the segment
Iran war raises urgency of climate transition, says Ravi Menon
He is one of two co-chairs of a platform set up to help busineses beef up their climate resilience and competitiveness
Issue 189: Carbon tax in an energy crisis; Singapore good timing on green bonds
This week in ESG: Singapore’s carbon tax may have room for relief; Reopened 30-year Singapore green bonds yield 2.57 per cent
Singapore prices S$1.5 billion of 30-year green bonds at 2.57%
The proceeds will finance expenditures under the Singapore Green Plan 2030, including two new MRT lines
Issue 188: Singapore banks face slower growth in sustainable finance; Grab’s confusing dual-class shares
This week in ESG: DBS, OCBC, UOB release sustainability reports; Grab raises CEO’s voting rights
UOB’s sustainable financing up 21% at S$70.1 billion
SMEs drive the increase with S$7.8 billion extended in loans to help them accelerate sustainable business practices
