The former Monetary Authority of Singapore head Ravi Menon has come out of retirement to take on a newly created role, where he will represent the city-state at international climate discussions and advise on nationwide climate policies.
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?
EB Studio
There are few to no companies immune to climate risks today. This is forcing organisations to rethink business plans to weather climate-related shocks. Early action and a future-focused corporate purpose could spare enterprises from the worst that lies ahead.
Ahead of proposed 2025 and 2026 deadlines for climate disclosures by the country's largest firms, the national advisory committee on sustainability reporting is mulling capacity building programmes.
Beyond investors, consumers should also be empowered to critically use sustainability reports to assess a company's sustainability credentials. Here are five steps they can take to start reading reports using GRI standards.
By
Hendri Yulius Wijaya
Some claims about cutting greenhouse gases – by businesses, countries and even the football World Cup – may be hot air. Dynamic new technology holds the key to verifying the data, stashing it securely, and unleashing its full potential.
By
Arka Rey and
Sean Penrith
Mobilising new climate-finance flows requires identifying less gargantuan, but no less important, green projects that are attractive to a wide range of investors, both geographically and in terms of size. Digital platforms that offer these matchmaking services will be crucial to meeting our climate commitments.
By
Emma FitzGerald
Many more businesses will soon be obligated to disclose their climate-changing emissions, which could drive action to reduce them.
By
Janet Ranganathan
EB Studio
Amid fresh debates about what corporate purpose should be, there is mounting evidence that corporate purpose leads to stronger brand reputation, better talent attraction and more resilience, leading to improved financial performance.
EB Studio
Investors are starting to feel the effects of climate change in an unexpected place – their financial returns. There are now growing calls within the business community to improve the quality and coverage of climate risk disclosure.
Women play a key role in developing innovations to push for sustainability, but barriers remain to their entry into STEM careers. To celebrate International Day of Women & Girls in Science, EB Impact speaks to three women in science on making an impact and pursuing careers in STEM.
EB Studio
Palm oil frequently makes headlines, but the faceless workers harvesting the fruit of the oil palm less so. What are the challenges of the job and how can their rights be safeguarded?
The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.
Former Monetary Authority of Singapore sustainability chief Darian McBain and recruiter Paddy Balfour tell the Eco-Business podcast why people are exaggerating their ESG expertise and why that's a problem in a key region for sustainable development.
GoTo sustainability head Tanah Sullivan tells the Eco-Business Podcast that regulating net-zero claims would decarbonise Southeast Asia faster. Indonesia's biggest internet firm aims to cut emissions to zero by 2030 — a target critics say is unrealistic.
The Philippines has ended new coal development as it pursues a low-carbon future. Don Paulino of non-profit Philippine Energy Independence Council and boss of Shell's exploration arm, argues why natural gas should remain in the energy mix.