Sustainability
Swiss-founded BE WTR raises $45.45M Series C funding for expansion plans in Singapore and Asia
BE WTR, the Swiss-founded company sustainable and premium water solutions provider, has raised CHF 39 million ($45.45 million) in its Series C funding round for expansion plans in Singapore and Asia.
IFC lends $534M to ENGIE to boost renewable energy in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a landmark green and sustainability-linked loan of €500 million ($534 million) to ENGIE S.A., the parent holding company of the ENGIE Group.
IFC, HSBC Asset Management expand partnership to support sustainability in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have on Wednesday announced an agreement to establish a specialized fund vehicle targeting corporate bond issuers in emerging markets (EM), aiming to increase access to finance and support sustainable growth.
Singapore steps up participation in global offshore wind development with new partnership
Enterprise Singapore (EnterpriseSG), the Association of Singapore Marine & Offshore Energy Industries (ASMI) and the Global Wind Energy Council (GWEC) have signed a memorandum of understanding (MOU) to expand Singapore’s network with the global offshore wind sector and foster more project and innovation opportunities between Singapore and international…
Bursa Malaysia reviews listing requirements in tandem with National Sustainability Reporting Framework
Following the launch of the National Sustainability Reporting Framework (NSRF) in Malaysia, Malaysian stock exchange said it is reviewing listing requirements in tandem with the framework.
$8 trillion opportunity in sustainable cooling solutions for developing economies, says IFC and UNEP report
The cooling market in developing economies is expected to grow from around $300 billion to at least $600 billion, per year by 2050, according to a report released on Wednesday by the UN Environment Program (UNEP)-led Cool Coalition and International Finance Corporation (IFC).
Temasek sets aside $78M Concessional Capital for Climate Action
Singapore state-owned investor Temasek has committed to set aside S$100 million ($77.67 million) as concessional capital for Climate Action (CCCA).
IFC invests $100M in sustainability-linked bond issued by Central Pattana in Thailand
As part of efforts to accelerate the green transition in Thailand, International Finance Corporation (IFC) is investing 3.48 billion Thai baht ($100 million) in a sustainability-linked bond (SLB) issued by Central Pattana Public Company Limited (CPN), one of the leading retail-property developers in the country.
Malaysian firms to adopt National Sustainability Reporting Framework to enhance sustainability disclosures
Malaysian companies will need to adopt the National Sustainability Reporting Framework (NSRF), developed by the Advisory Committee on Sustainability Reporting (ACSR), which is set to enhance the state of sustainability disclosures in Malaysia, the Securities Commission Malaysia (SC) said Tuesday.
Malaysia’s TNB establishes Transition Finance Framework to fund sustainable projects
Malaysia's utility firm Tenaga Nasional Berhad (TNB) has established its inaugural Transition Finance Framework to fund sustainable projects.
