Some companies have been gaming their climate targets to attract investment, with most struggling to cut "impossible" supply chain emissions, the United Nations Global Compact Network Thailand executive director said at an event in Singapore last week.
Once an early mover on ISSB adoption, the city-state has pushed back disclosures for smaller listed firms by up to five years. Regulators cite economic uncertainty, but market watchers warn the move could spur easing of rules regionally.
Studio EB
Malaysia's new sustainability reporting mandate drives corporate accountability, challenging businesses to align with global emissions standards and reshape their supply chains for a low-carbon future.
While the US$150 million loan, backed by DBS and Rabobank, targets reducing water and coal use, the “forest-risk” firm still lacks commitments to end deforestation and human rights abuses across its supply chains, say environmental groups.
As global sustainability reporting standards converge, board directors face new challenges and opportunities in navigating mandatory ESG disclosures, ensuring transparency, and driving long-term value for their companies.
Oleh
Jessica Cheam
Carbon capture and storage has been hailed as a potential way to reduce emissions, but it is more likely to increase them by boosting oil and gas extraction. The cheaper and more effective solution is to move to cleaner forms of energy.
Oleh
Kevin Morrison
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.
Oleh
Hendri Yulius Wijaya
Studio EB
As Malaysia forges ahead with its 2050 net zero climate ambition, businesses must reshape their supply chains for a low carbon future. This Eco-Business video looks at how SMEs can adapt to new sustainability reporting requirements.
Having "stretch targets" can spur innovation, says the sustainability chief for one of Hong Kong's largest real estate firms in the latest episode of "On the frontlines". He also shares why the firm has chosen to publish the draft of its net zero plan for open discussion of its climate targets.
The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.