The Monetary Authority of Singapore will launch a public consultation in the coming weeks on its proposal to include additional criteria for a managed coal phase-out in the Singapore-Asia taxonomy, says the central bank’s newly-appointed chief sustainability officer Gillian Tan.
A study by global index provider MSCI found that while almost a half of publicly listed firms globally now have decarbonisation targets, the corporate world's emissions are aligned with a catastrophic 2.7 degrees of warming.