Sustainability
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.
AirAsia partners Airbus to accelerate aviation sustainability
Malaysia-based Capital A's low-cost airline AirAsia has announced a long-term partnership with European aircraft manufacturer Airbus to advance research into aviation sustainability initiatives that lower carbon emissions in the ASEAN region.
Climate finance by multilateral development banks hits record in 2023
Multilateral development banks (MDBs) announced on last Friday that their global climate finance reached a record high of $125 billion in 2023.
IFC and the Carbon Trust join forces to cut emissions in emerging markets
In a move to help more companies decarbonize operations and reduce emissions along their supply chains, the International Finance Corporation (IFC), a member of the World Bank Group, and the Carbon Trust have agreed on a plan to work together to promote decarbonization strategies for companies in emerging markets and accelerate investments in green…
Bursa Carbon Exchange now offers continuous trading for Renewable Energy Certificates
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad (Bursa Malaysia), has announced the successful go-live of its renewable energy certificates (RECs) continuous trading on September 9, 2024.
