With Australia, Japan, Hong Kong, Malaysia, New Zealand, Philippines and Singapore introducing mandatory climate reporting rules, a stricter sustainability reporting regime is upon firms. What are key shifts to note as new rules kick in?
The country’s largest utilities could have 11 million more tonnes of liquefied natural gas per year than needed by 2030. The resultant gas exports could create overcapacity and fry climate targets in emerging Asian markets, analysts say.
Alan To, former regional ESG marketing director of S&P Global, has been appointed chief executive officer of Climate Finance Asia, a sustainable finance consultancy based in Hong Kong
EB Studio
While there is potential for clean energy to one day power Asia Pacific, high costs and the intermittent nature of renewables stand as barriers in the way. Businesses, especially in the tech sector, must channel efforts towards solutions that provide round-the-clock clean energy.