Sustainability

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.

Canada, ADB launch $255M new fund to support private sector climate action and nature-based solutions in Asia Pacific

The government of Canada and the Asian Development Bank (ADB) have announced a partnership to create a new CAD 360 million ($255 million) trust fund. The Canadian Climate and Nature Fund for Private Sector in Asia (CANPA) will support private-sector projects in Asia and the Pacific focused on climate and nature-based solutions while accelerating gender…

Gobi Partners launches third annual Sustainability Report highlighting achievements and insights

Asia-focused venture capital firm Gobi Partners has on Thursday announced the publication of its third annual Sustainability Report. The report highlights significant achievements in environmental, social, and governance (ESG) goals over the 12-months period from 1 April 2023 to 31 March 2024.

India’s candi solar secures $38M funding to accelerate clean energy expansion in India and South Africa

Candi solar, a clean energy company specializing in solar power solutions for commercial and industrial (C&I) clients, has on Monday announced the successful funding round, securing $38 million in equity investment.

silhouette of people playing basketball during sunset

Scoring sustainability goals: The sports industry’s tech-powered green revolution

In the league of a greener future, technology is the sports industry's star player, where scoring sustainability goals is as thrilling as the game itself, says William Xiong, Vice President of Alibaba Cloud Intelligence and General Manager for International Industry Solutions.

UEM Lestra, Blueleaf, ITRAMAS ink deal to develop 500MW hybrid solar power plant

UEM Group Berhad (UEM Group) through its wholly-owned subsidiary and green industry arm, UEM Lestra Berhad (UEM Lestra), has on Wednesday signed an agreement to develop a 500-megawatt (500 MW) hybrid solar power plant with Blueleaf Energy, a leading green renewable energy platform, and ITRAMAS Corporation Sdn Bhd (ITRAMAS).

windmill on grass field during golden hour

Reinforcement, productivity, efficiency and collaboration: The potential of technology’s contribution towards biodiversity conservation

When harnessed ethically and inclusively, technology can be a catalyst for conserving the rich global biodiversity that we have been entrusted to safeguard. Working with a partner who has expertise across every IT touchpoint of the value chain and who understands trusted data will be crucial.

Malaysia targets development of hydrogen energy-based ecosystem by 2030, says science minister

Minister of Science, Technology and Innovation Chang Lih Kang said the development will focus on the manufacturing process and energy production on a large scale, while also being able to accommodate general demand.