Eco-Business

South Korea’s plan to introduce mandatory environmental, social and governance (ESG) disclosures is facing mounting pressure for an overhaul

The country’s largest pension fund and ruling party is pushing for earlier rollout and broader coverage, criticising the regulator’s plan as too slow and narrow.

Rising costs, consumer apathy and slowing climate action are holding Singapore’s SMEs back on sustainability – but for some, being green is a competitive edge that boosts the bottom line.

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.

The Philippines Securities and Exchange Commission is officially requiring large publicly-listed companies to start applying rules by the International Sustainability Standards Board to measure and disclose their sustainability performance.

By Hannah Alcoseba Fernandez

By Ng Wai Mun

By Robin Hicks

By Gabrielle See

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IFC graphic on sustainability disclosures

As global sustainability reporting standards converge, board directors face new challenges and opportunities in navigating mandatory ESG disclosures, ensuring transparency, and driving long-term value for their companies. By Jessica Cheam

Two experts call on companies to calculate and report Scope 3 emissions along their value chain as soon as possible. By Zhang Nan and Li Dianyi

Instead of backtracking on net zero, companies are retracting unsubstantiated carbon neutrality claims – a positive development. By John Lang

Carbon capture and storage has been hailed as a potential way to reduce emissions, but it is more likely to increase them by boosting oil and gas extraction. The cheaper and more effective solution is to move to cleaner forms of energy. By Kevin Morrison

By Hendri Yulius Wijaya

By Shai Ganu

By Junice Yeo

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EB Studio As Malaysia forges ahead with its 2050 net zero climate ambition, businesses must reshape their supply chains for a low carbon future. This Eco-Business video looks at how SMEs can adapt to new sustainability reporting requirements.

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John Haffner, deputy director of sustainability, Hang Lung Properties, says internal advocacy has been key to driving the sustainability agenda. Image: ReThink 2

Having "stretch targets" can spur innovation, says the sustainability chief for one of Hong Kong's largest real estate firms in the latest episode of "On the frontlines". He also shares why the firm has chosen to publish the draft of its net zero plan for open discussion of its climate targets.

The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.

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