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.
Will the region see a surge of clean power for cross-border electricity trade? Can stricter measures be enforced with the environmental impacts spurred by the AI boom? Here are the key developments to look out for in the coming year.
EB工作室
A new Climate Change Act expected to introduce mandatory emissions reporting and reshape the nation’s business landscape will further accelerate Thai companies’ push to decarbonise and stay globally competitive, says UOB Thailand sustainability chief Chow Wong Yuen.
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.
作者
Jessica Cheam
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.
作者
Kevin Morrison
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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.
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.