As Asian firms scale up disclosures, the International Auditing and Assurance Standards Board (IAASB)'s guidance – effective from December 2026 – could help curb greenwash if backed by strong regulatory frameworks, say industry players.
With Australia, Japan, Hong Kong, Malaysia, New Zealand, Philippines and Singapore introducing mandatory climate reporting rules, a stricter sustainability reporting regime is upon firms. What are key shifts to note as new rules kick in?
EB Studio
There is no denying that emissions from chemical company supply chains must be reduced. But with companies faced with thousands of suppliers, the global initiative Together for Sustainability (TfS) hopes to streamline the greening process and provide a single platform to help chemical companies discuss the most practical and sustainable steps forward.
Eufrocinio Bernabe Jr, assistant secretary at the Department of Finance, making a pitch for the Maharlika Investment Fund at 'Unlocking capital for sustainability' Philippines, says it is an additional source of capital for renewables.