Sustainability

Swiss infrastructure fund manager SUSI Partners has held a final closing for Southeast Asia Energy Transition Fund (SAETF) at the end of May, bringing total fund commitments to $120 million.

Malaysian clean energy expert Solarvest Holdings Berhad has officially announced five grant recipients for the Seed Grant Round of Solarvest Innovation Lab 2023 (SIL 2023). Irradisol, Flumen, DespaQ, Hydrozon, and Hexacycle emerged as the five chosen recipients under the Seed Grant Round for SIL 2023.

Sunway Group (Sunway) and UOB Malaysia have inked a partnership which will see the two companies working together towards their shared mission to achieve net zero carbon emissions by 2050.

By integrating sustainable practices into their operations, businesses can help to minimize their environmental footprint while meeting the growing expectations of consumers and regulators.

Japanese industrial group Mitsubishi Heavy Industries, Ltd. (MHI) and Malaysia's power producer TNB Power Generation Sdn. Bhd. (TNB Genco), have signed a Memorandum of Understanding (MoU) to study and exchange information related to clean energy technologies.

Green investment in Southeast Asia (SEA) fell 7 percent to $5.2 billion in 2022 from $5.6 billion in 2021, continuing a downward trend from previous years. a report showed Tuesday.

Tracxn Technologies, a global software as a service (SaaS)-based market intelligence platform, said that the funding in the environment tech sector dropped 5 percent year-on-year to $29.9 billion in 2022. The decrease of funding in 2022 was largely due to the 5 percent decline in late-stage funding from $20.6 billion in 2021 to $18.4 billion in 2022.

The panel explores the importance of understanding and engaging with the younger generation’s value in the modern economy, the challenges businesses face in attracting the younger generation, and the impact of sustainability and environmental concerns. It also discusses the shift in customer behaviors and the emergence of omni-channel approaches in retail…

GenZero, a decarbonization-focused investment platform company of Temasek based in Singapore, has backed the $50 million investment in CleanJoule, the United States-based startup focused on the production of sustainable aviation fuel (SAF).

The panelists discussed sustainability issues and development across Southeast Asia. Avant Meat’s Chan and SWAP Energi’s Irwan explained how their startups can help to achieve sustainability goals while Ting, from Trive Ventures, gave examples on how the startups his firm invested in are driving sustainable innovation. He also gave his views from an…