Sustainability

IFC provides $60M green financing to Indonesia’s Gunung Raja Paksi to boost decarbonization

World Bank's International Finance Corporation (IFC) has inked deal to provide $60 million green financing to Indonesian steel producer Gunung Raja Paksi (GRP).

white and grey concrete building near swimming pool under clear sky during daytime

The future of climate risk in real estate: Navigating uncertainty for long-term resilience

The #RealEstate sector in #Singapore is at a turning point where inaction could lead to significant financial and environmental costs. Investors, developers, and asset managers must prioritize resilience and adaptability as #Climate risks grow. In a market where sustainable and climate-resilient properties are increasingly rewarded, integrating climate risk…

Malaysia launches aviation decarbonization blueprint to achieve net zero carbon emissions by 2050

Malaysia has launched the Malaysia Aviation Decarbonization Blueprint (MADB) on Thursday to achieve net zero carbon emissions as early as 2050 for the international aviation sector.

a white van driving down a road next to a lush green field

Transitioning to a sustainable future – Are EVs the answer for a green logistics industry?

In the ongoing battle against #ClimateChange, businesses across all verticals need to take a firm stance towards the cause or risk being eliminated. Ultimately, #EVs are simply the first step towards greenifying business processes. Instead of looking at #Sustainable practices like #EV adoption in isolation, companies will do well to consider them as part of…

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.