Issue 195: Temasek to miss climate targets; Power, EVs dominate S-E Asia green economy
This week in ESG: SIA, Sembcorp emissions weigh on Temasek portfolio; Bain-Stanchart report values regional green economy at US$290 billion
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Sustainable investing
Learning to live with missed climate targets
A reality check looms in the world of sustainable investing with only a few years to go before interim deadlines arrive for many companies’ climate targets.
Uneven progress on decarbonisation across geographies and industries suggests that many companies will fall short of their targets, and the market needs to become more sophisticated about discerning which misses are acceptable and which are not.
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