Sustainability
HKSTP brings 14 companies to Techsauce Global Summit 2024
The Hong Kong Pavilion features market-ready innovations in Artificial Intelligence, Advanced Electronics, Digital Transformation, and Sustainable Technology.
IFC allocates $5.32M to support green transition in the Philippines with EU
The International Finance Corporation (IFC) will allocate PHP 308 million ($5.31 million) to support green transition in the Philippines with the European Union (EU).
Vietnam’s Earth Venture Capital participates in $3.2 million funding round for UK’s Sparxell
Earth Venture Capital (Earth VC), a climate tech venture capital firm based in Vietnam, has participated in a $3.2 million funding round for Sparxell, a United Kingdom-based developer of high-performance, sustainable, plant-based pigments.
Malaysia’s pension fund strengthens sustainable investment with new stewardship policy
The Employees Provident Fund (EPF), Malaysia's pension fund, has published the EPF Sustainable Investment Stewardship Policy, becoming the first institutional investor in Malaysia to publish a standalone stewardship policy for sustainable investment.
Malaysia’s Sime Darby Property and TNB’s GSPARX join forces to undertake rooftop solar projects
Malaysian property developer Sime Darby Property and utility firm Tenaga Nasional Berhad (TNB)’s solar solution provider subsidiary GSPARX have joined forces to undertake rooftop solar projects in Malaysia.
DHL Express partners CIMB to reduce carbon dioxide equivalent through sustainable aviation fuel
Global logistics firm DHL Express has signed an agreement with Malaysian lender CIMB Group Holdings Berhad to welcome the banking group onboard its GoGreen Plus program. The partnership enables CIMB to leverage the use of sustainable aviation fuel (SAF) to mitigate the carbon dioxide equivalent (CO2e)emissions associated with its international shipments.
Malaysian lender CIMB sets 2030 climate targets to accelerate net zero by 2050
Malaysian bank CIMB Group Holdings Berhad has on Wednesday announced its 2030 climate targets for its oil and gas and real estate portfolios, becoming the first Malaysian bank to complete its 2030 decarbonization target setting for high-emitting sectors in pursuit of its broader 2050 net zero commitments, that include thermal coal mining, cement, palm oil…
IFC partners IFRS Foundation to improve sustainability reporting in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, and the IFRS Foundation have signed a memorandum of understanding agreeing on their strategic partnership to strengthen sustainable capital markets by improving sustainability and climate reporting in emerging markets and developing economies (EMDEs).
Malaysia’s Sunway partners European Union to advance sustainability initiatives
This landmark collaboration between the diplomatic mission of the world’s largest trading bloc and one of Southeast Asia’s leading conglomerates marks another significant milestone in both entities’ commitment towards a net zero future.
ADB signs $50M commitment to accelerate energy transition in Asia and the Pacific
The Asian Development Bank (ADB) has signed a $50 million commitment to Actis Asia Climate Transition Fund, an infrastructure fund managed by Actis, a global sustainable infrastructure investor, to help accelerate the clean energy transition and address development challenges arising from climate change impacts in Asia and the Pacific.
