SGX RegCo's mandatory climate reporting rules – effective from 2025 – exclude a fixed timeline for reporting Scope 3 emissions, or indirect value chain emissions, after a public consultation found that issuers might not be ready for it.
The Singaporean palm oil exporter plans to announce more details in early October. This comes after its Malaysia-based counterpart SD Guthrie got its climate goals verified by the Science Based Targets initiative in end-2023.
Studio EB
Investors in Asia are positioning themselves for a climate-resilient net zero economy, but not at the necessary pace, finds a recent report. Most fail to act effectively to manage climate risks and opportunities in line with global climate goals.
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
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.