ESG Insights

Issue 102: S-E Asian companies’ not-so-credible climate goals; Singapore inks carbon deal with Ghana

Kenneth Lim
Published Fri, May 31, 2024 · 07:00 PM
    • Less than 10 per cent of large-cap companies in most Asia-Pacific markets have fully credible climate targets, says MSCI.
    • Less than 10 per cent of large-cap companies in most Asia-Pacific markets have fully credible climate targets, says MSCI. ILLUSTRATION: KENNETH LIM

    In this issue: MSCI finds most listed companies in region are unlikely to hit their climate targets, while Singapore adds its second cross-border carbon trading agreement.

    South-east Asia

    Pulling climate targest out of their airs

    One of the more interesting tidbits in MSCI’s new Apac Climate Action Progress Report is that most of the investable South-east Asian listed companies’ climate targets are rubbish.