A new database by non-profit RimbaWatch finds that if 70 prospective fossil fuel reserves are fully exploited in Malaysia, Singapore and Brunei, almost 10 billion tonnes of CO2 equivalent emissions will be released into the atmosphere.
The textiles and garments company, which supplies global brands such as Adidas, Uniqlo and The North Face, is only the second Indonesian firm to get its decarbonisation plan rubber-stamped by the Science Based Targets initiative.
A global survey finds that while Asian investors are highly concerned about climate risk, only one in five diligently look at Scope 3 emissions – which typically make up the bulk of a company’s emissions – when sizing up investments.
A growing number of financial regulators worldwide are mandating that large and listed companies publish detailed sustainability reports annually. Embedding ESG into corporate culture and products is ultimately good for business, experts say.
Linking remuneration to a company’s climate-related goals is an important catalyst for corporate climate action. There are different factors that companies need to consider to implement effective climate-linked incentive schemes.
Engaging the world’s largest polluter on climate solutions has not been smooth sailing. Supply chains are highly inter-connected and businesses find that they need to tread along a tightrope between China and the West, even on climate.