Sustainability

Johnson Controls, a global sustainable buildings firm, announced Monday the expansion of its Innovation Center in Singapore with a five years investment of up to $60 million, marking a key milestone in its commitment to accelerating sustainable data center solutions across Asia Pacific.

Underestimating the skyrocketing power demand of data centers is a recipe for disaster. Fortunately, vital stakeholders have taken measures to prevent an impending crisis from occurring and mitigate its impact on other industries.

Yinson Production Ghana, in collaboration with the Kwame Nkrumah University of Science and Technology (KNUST) and the Petroleum Commission of Ghana, has commissioned the Net-Zero Carbon Emissions Lab (NCEL), Ghana’s first specialized facility for scientific carbon measurement, emissions modelling, decarbonization research, and industry-focused training.

Sweden-based Swedfund is investing in Vietnamese EVF General Finance JSC (EVF) through a loan of up to $20 million.

To create jobs and promote sustainability in Malaysia’s paper industry, the World Bank Group, through its private sector arm the International Finance Corporation (IFC), has announced a partnership with XSD International Paper Sdn Bhd (XSD), a manufacturer of coated duplex board paper and grey board in Malaysia.

Bursa Malaysia Berhad has introduced an enhanced prescribed format for sustainability disclosures through its Centralized Sustainability Intelligence (CSI) Platform effective on Monday, as part of its efforts to strengthen alignment with international disclosure standards.

Yinson GreenTech’s marinEV has partnered with Toll Group on the launch of Singapore’s first decarbonization hub dedicated to electric supply vessels, a significant milestone for sustainable maritime logistics in the region.

British International Investment (BII), the United Kingdom's development finance institution (DFI), announced Tuesday it has committed £308 million ($400 million) in climate finance across South-East Asia during its current strategy period, advancing its ambition to invest up to £500 million ($666 million) by 2026.

The Advisory Committee on Sustainability Reporting (ACSR), chaired by the Securities Commission Malaysia (SC), announced Monday its approach to addressing non-compliance with regulatory sustainability reporting requirements developed in alignment with the National Sustainability Reporting Framework (NSRF).

The future of cooling will be defined by balance; keeping the world comfortable while keeping it green. And that, perhaps, is the smartest way to stay cool in a warming world.