Sustainability

S&P: Asia Pacific decarbonization path beyond 2030 is highly uncertain

S&P Global Ratings believes the decarbonization path for Asia Pacific firms beyond 2030 is highly uncertain, and will be shaped by emerging regulations and new technologies.

Conservation International Ventures gets $1.5M grant from Coca-Cola Foundation to launch new climate resilience project

The Coca-Cola Foundation (TCCF), the global philanthropic arm of The Coca-Cola Company (TCCC), and Conservation International Ventures (CI Ventures), have on Tuesday announced the launch of a new, innovative climate resilience project in Southeast Asia to protect and restore mangrove areas - which play a critical role in guarding against the impact of…

Malaysia’s Petronas launches Supplier Support Program for sustainable practices in OGSE

In encouraging Malaysia’s oil and gas services and equipment (OGSE) suppliers to embrace sustainability principles, Malaysia's state-owned Petroliam Nasional Berhad (Petronas) has on Tuesday launched the Petronas Supplier Support Program (PSSP) in collaboration with the Joint Committee for Climate Change (JC3) Greening Value Chain Program, Bursa Malaysia…

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…