News / 东南亚
A fifth of the lender’s portfolio faces high nature-related risks, says sustainability head Eric Lim, noting water’s broad impact and the lack of target-setting tools. Oil and gas, though a focus sector, was excluded from its analysis.
The draft of its new Corporate Net-Zero Standard proposed the separation of Scope 1 and 2 reporting and expects companies to commit to using cleaner energy by 2040. It also addressed the use of carbon credits to address residual emissions.
On the first World Glacier Day, experts urge Asia's businesses and policymakers to act this decade to slow glacier loss and ice melt, which remains “out of sight, out of mind” despite the region's extreme vulnerability to rising sea levels.
The environmental watchdog published analysis warning that there is a "wide trend" of carbon capture, use and storage initiatives in Malaysia linked to fossil fuel expansion. It is one of 19 organisations backing a memorandum to the Senate calling for a controversial CCUS bill to be stopped.
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