Tan Thai Yong, who also helms an alliance of companies paving the way for the electrification of harbour craft in Singapore’s waters, tells Eco-Business about the challenges in pursuing low-carbon solutions for sea logistics. A one-year trial for e-supply boat deliveries will kick off next quarter.
Singapore and Australia are solely focused on climate disclosures, while South Korea omits industry-specific data. As standard-setters ease Scope 3 reporting requirements, the ISSB may also drop facilitated emissions for financial firms.
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.
The fast fashion giant’s recent efforts to boost its green credentials, including in making new sustainability hires, could be linked to its ambitions to go public, say experts.
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
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.