As global demand for steel is rising, Indonesia’s steel industry is one of the country’s largest industrial greenhouse gas emitters and is set to become far more polluting if current trends continue, according to a nonprofit report.
Palm oil players welcomed the new standard, which also covers traceability requirements for Scope 3 emissions. However, it does not cover the measurement of forest carbon yet, which the standard setter said it needs more time to develop.
Suzlon Energy Ltd is the second most sustainable company in Asia Pacific, appearing in the Corporate Knights’ Global 100 index for the first time. Taiwan High Speed Rail Corp reclaims the top spot that it held three years ago.