Sustainability

ADB launches $70B push to connect Asia’s power grids, digital networks

The Asian Development Bank (ADB) will back $70 billion in new energy and digital infrastructure initiatives by 2035, aiming to connect power grids, expand cross-border electricity trade, and improve broadband access across Asia and the Pacific.

RHB, Petronas team up for sustainable vendor financing for energy transition

Malaysian lender RHB Bank Berhad has partnered with state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) for a sustainable vendor financing program (SVFP), a key pillar under the Petronas Supplier Support Program (PSSP) aimed at strengthening the resilience, competitiveness and sustainability readiness of Malaysia’s Oil & Gas Services and…

Singapore, Philippines ink carbon credits pact under Paris Agreement

Singapore and Philippines have signed a legally binding agreement to collaborate on carbon credit projects under Article 6 of the Paris Agreement, marking the Philippines’ first such deal, officials said on Thursday.

San Marina Bay, Singapore

Cleaning forward: How a once-manual industry is being rebuilt for the future

Sustainability is now part of that same standard. In cleaning, it means practical, measurable action: reducing water, energy, and chemical use, and improving transparency in reporting. These are no longer side issues. They are central to how providers are judged.

BII launches $1.5B new climate initiative for Asia

British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has on Thursday launched $1.5 billion new climate initiative for Asia.

worms eye view of forest during day time

Earth Day: Reflections on energy resilience & climate risks for Southeast Asia

From energy shocks to food inflation, geopolitical risks are reshaping how capital is deployed across Southeast Asia.

Singapore businesses see opportunity in sustainability but funding needs persist – HSBC

Singapore-based businesses are among the most advanced in the region in turning sustainability ambition into implementation, but the survey suggests funding needs are still an important constraint on further progress, according to HSBC’s Sustainability Pulse Survey.

ASEAN carbon markets gain traction as climate risks intensify

ASEAN countries are accelerating efforts to develop carbon markets as climate risks intensify, with Malaysia moving closer to introducing a carbon tax, according to a report by RHB Investment Bank revealed on Wednesday.

Green SM signs $35.33M investment loan agreement with BCA

Green SM Indonesia and Bank Central Asia (BCA) have on Friday announced the signing of a five-year investment loan agreement with a total value of IDR 600 billion ($35.33 million), marking the formalization of a long-term financial partnership between the two parties.

Singapore’s Circulate Capital raises $220M for Asia fund

Circulate Capital, the Singapore-based investment manager, has raised $220 million for the first close of Circulate Capital Asia II.