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Companies in East Asia and the Pacific used the most electricity but sourced only 18.5 per cent from renewables, versus 68 per cent in North America, the International Telecommunication Union found.
The climate standards body says the consultation gives Southeast Asian firms — key players in global agricultural and land-use supply chains — a chance to help shape the second version of its Forest, Land and Agriculture (FLAG) Standard to guide companies in setting science-based targets for land-based emissions and removals.
Polisi & Kewangan
‘Companies are not going to be reporting less’: GRI chief on the future of sustainability disclosure
The boss of the world's most-widely used sustainability reporting framework talks about the impact of AI on reporting, disclosure fatigue, and why GRI remains relevant in a crowded market.
Asia, which has seen a 53 per cent jump in firms setting SBTi‑aligned targets and now accounts for over a third of all validated commitments, is expected to benefit as the updated rulebook introduces tailored flexibilities to help companies in Global South markets join, and stay, in the net zero race, according to the organisation.
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Polisi & Kewangan
ICMA unveils new guidance for nature-themed bonds
18 Jun 2025
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