Sustainability

Sustainability is now part of that same standard. In cleaning, it means practical, measurable action: reducing water, energy, and chemical use, and improving transparency in reporting. These are no longer side issues. They are central to how providers are judged.

British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has on Thursday launched $1.5 billion new climate initiative for Asia.

From energy shocks to food inflation, geopolitical risks are reshaping how capital is deployed across Southeast Asia.

Singapore-based businesses are among the most advanced in the region in turning sustainability ambition into implementation, but the survey suggests funding needs are still an important constraint on further progress, according to HSBC’s Sustainability Pulse Survey.

ASEAN countries are accelerating efforts to develop carbon markets as climate risks intensify, with Malaysia moving closer to introducing a carbon tax, according to a report by RHB Investment Bank revealed on Wednesday.

Green SM Indonesia and Bank Central Asia (BCA) have on Friday announced the signing of a five-year investment loan agreement with a total value of IDR 600 billion ($35.33 million), marking the formalization of a long-term financial partnership between the two parties.

Circulate Capital, the Singapore-based investment manager, has raised $220 million for the first close of Circulate Capital Asia II.

The Hong Kong Trade Development Council (HKTDC) opened the GreenBiz HK campaign in Bangkok on Wednesday, promoting collaboration between Hong Kong and Thailand in green economy.

AirTrunk, Asia Pacific-based hyperscale data center operator, has secured a JP¥191.6 billion ($1.24 billion) green loan to support the refinancing and continued development of its TOK1 hyperscale data center campus in East Tokyo.

The Monetary Authority of Singapore (MAS) has on Thursday issued three Guidelines on Environmental Risk Management - Transition Planning to separately set out MAS’ supervisory expectations for banks, insurers and asset managers (collectively, FIs) to manage the transition and physical risks they and their portfolios face from climate change.