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The Transmutation Principle CEO Thibaut Meurgue-Guyard cites ESG backlash, corporate retreat from decarbonisation and burnout among sustainability professionals as the consultancy winds down.
Co-founded by the former B Lab Southeast Asia executive director Tom Stewart, Adelie will be led locally by ex B Lab UK certification manager James Kelly.
But the majority SGX-listed firms polled have begun adopting the ISSB standards already, which they say can attract investors and improve corporate reputation, an industry study finds.
The year is likely to see cooperation between China and the European Union become more important, but both sides will have to carefully navigate developments that could lead to more trade friction. Transition finance is expected to grow.
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