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Issue 73: UOB’s sluggish power decarbonisation; Indonesia takes back its forests

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Kenneth Lim

Kenneth Lim

Published Fri, Nov 3, 2023 · 07:00 PM
    • At the current pace of decarbonisation, the power sector of UOB’s portfolio will miss its 2030 and 2050 emissions targets.
    • At the current pace of decarbonisation, the power sector of UOB’s portfolio will miss its 2030 and 2050 emissions targets. ILLUSTRATION: KENNETH LIM

    In this issue: UOB may miss its power-sector emissions targets at its current pace, while Indonesia has an economic incentive to improve governance of its forests.

    Singapore

    UOB’s weakest link in net-zero goals

    UOB will need to cut its financed emissions in the power sector at a much faster rate if it is to meet its 2030 and 2050 targets.

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