News / #Scope 1
Some companies have been gaming their climate targets to attract investment, with most struggling to cut "impossible" supply chain emissions, the United Nations Global Compact Network Thailand executive director said at an event in Singapore last week.
Once an early mover on ISSB adoption, the city-state has pushed back disclosures for smaller listed firms by up to five years. Regulators cite economic uncertainty, but market watchers warn the move could spur easing of rules regionally.
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Malaysia's new sustainability reporting mandate drives corporate accountability, challenging businesses to align with global emissions standards and reshape their supply chains for a low-carbon future.
While the US$150 million loan, backed by DBS and Rabobank, targets reducing water and coal use, the “forest-risk” firm still lacks commitments to end deforestation and human rights abuses across its supply chains, say environmental groups.
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