Greenwashing Group Think
The start of 2023 sees sustainability at the top of businesses’ priority lists. A recent survey conducted in Q1 found that 71% of respondents ranked sustainability as their top near-term (next six months) priority.[1] Respondents were collectively optimistic about their progress, with over 90% suggesting they were somewhat or extremely successful in reaching their sustainability goals over the past 12 months. Further, they expressed increased optimism about meeting goals for the next year (72%) and for 2030 (77%).
But is this optimism warranted considering reports indicating ongoing credibility gaps between words and deeds regarding sustainability? Is there a collective greenwashing group think?
The UN report released before COP27 last November criticized many net-zero promises as little more than greenwashing. The reporting group chair, Catherine McKenna, stated, “Too many of these net-zero pledges are little more than empty slogans and hype.”[2] A recent report finding only 5% of FTSE 100 companies having credible decarbonization plans highlights that most companies performed well in the Foundation stage, in establishing objectives, priorities, interim targets, and milestones, but were weakest in the Implementation Strategy stage – including more detailed disclosure of short-, medium- and long-term actions to achieve their transition plan.[3] Collectively, these reports raise questions about whether companies’ talk on sustainability is matched by action.
The takeaway of these conflicting views is that when achieving sustainability goals, transparency and accountability remain critical but often lacking. Companies must match deeds to words better and provide the necessary disclosures to support their claims. Meanwhile, investors need better data and insights to assess businesses’ sustainability performance accurately.
By K.P. O’Reilly, Ph.D. – Principal Consultant
[1] Honeywell Environmental Sustainability Index, Q1 2023. Available online at https://futurumresearch.com/research-reports/honeywell-environmental-sustainability-index-q1-2023/
[2] “COP27 – Corporate climate pledges rife with greenwashing – U.N. expert group” Reuters. November 8, 2022. Available online at https://www.reuters.com/business/cop/un-experts-cop27-corporate-climate-pledges-rife-with-greenwashing-2022-11-08/
[3] “Only 5% of FTSE 100 Companies Have Published Credible Decarbonization Plans: EY”, ESG Today, April 4, 2023. Available online at https://www.esgtoday.com/only-5-of-ftse-100-companies-have-published-credible-decarbonization-plans-ey/
ISSB Standards to be released at the end of Q2 2023 bringing more clarity and reducing fragmentation in Climate-related disclosure.
The political discourse pertaining about ESG is also getting quite heated, especially in the US, with the Republicans opposing the government’s stance in favor of the inclusion of the ESG criterion in the investment decisions of pension funds. Regulators are also in the process of transitioning ESG disclosure from voluntary to a regulatory reporting framework and are working on multiple legislations that can pave the way for transparent and unambiguous reporting.
Keywords: #ESGinvestment #Cleanenergy #Emissions
Policy/Regulation
IFRS – ISSB ramps up activities to support global implementation ahead of issuing inaugural standards end Q2 2023
The International Sustainability Standards Board (ISSB), at its meeting on 16 February 2023 in Montreal, has taken its final decisions on all the technical content of its initial Standards, informed by feedback it received during extensive consultation last year. With the substance of the Standards now fully agreed, the ISSB unanimously approved entering the thorough drafting and formal ‘balloting’ process of the Standards, ahead of their expected issuance at the end of Q2 2023.
Government of Canada to Require Suppliers to Disclose Emissions, Set GHG Reduction Targets
According to Canada’s new “Standard on the Disclosure of Greenhouse Gas Emissions and the Setting of Reduction Targets,” released on March 1, federal procurements greater than $25 million will induce suppliers to measure and disclose their and adopt a science-based target to reduce GHG emissions in line with the Paris Agreement.
Canada Announces Climate Reporting Requirements for Banks, Insurers, Beginning 2024
Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI), announced the release of its new guidelines on climate risk management, setting out requirements for banks and insurance companies to manage and disclose climate-related risks.
Biden uses first veto to defend rule on ESG investing
The Senate voted to overturn a Labor Department rule that permits fiduciary retirement fund managers to consider climate change, good corporate governance and other factors when making investments on behalf of pension plan participant, which was rejected by President Joe Biden as first veto of his presidency. cnbc.com
SEC weighs making “adjsutments” to controversial climate risk disclosure rule, Chairman Gensler says
The Securities and Exchange Commission is considering easing a controversial climate risk disclosure rule it issued last year after receiving pushback from companies and investors.
Additional reading:
- U.S. Department Of Justice Issues New Policy on Voluntary Self-Disclosure and Environmental Crimes
- Biden-Harris Administration Proposes Stronger Limits on Water Pollution from Power Plants
- U.S. Environmental Protection Agency Proposes to Strengthen Air Quality Standards to Protect the Public from Harmful Effects of Soot
- U.S. Environmental Protection Agency Announces Financial Capability Guidance to Support Communities and Ensure Clean, Affordable Water
- SEC to Examine Investment Advisors, Funds on ESG Investing Practices
- California Lawmakers Propose Law Requiring Companies to Disclose Full Value Chain Emissions
- New York to Charge Emitters $1 Billion per Year, Reinvest in Emissions Reduction
- U.S. Environmental Protection Agency Seeks Input on Inflation Reduction Act Programs to Reduce Greenhouse Gas Emissions Associated with Construction Materials and Products
- U.S. Environmental Protection Agency Requires Reporting on Releases and Other Waste Management for Nine Additional PFAS
- SEC Proposes Updates to Ethics Rules Governing Securities Trading by Personnel
- The Office of the Superintendent of Financial Institutions (OSFI) issues new Guideline on Climate Risk Management
- Fact Sheet: Biden-Harris Administration Releases National Strategy to Put Nature on the Nation’s Balance Sheet | U.S. Department of Commerce
Initiatives
FED LAUNCHES CLIMATE RISK EXERCISE FOR BIG BANKS
The US Federal Reserve Board has revealed the instructions and guidelines for its inaugural scenario analysis tests pertaining to climate risks for six large US banks, including Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo. The banks must submit the results of the upcoming exercise by the end of July.
Securities and Exchange Commission to Examine Investment Advisors, Funds on ESG Investing Practices
The U.S. Securities and Exchange Commission (SEC) announced that ESG investing will be a priority area of focus for its Division of Examinations in 2023, guiding its monitoring and focused examinations of market participants including investment advisers and investment companies for the year. The examinations will focus on ESG-related advisory services and fund offerings, assessing whether the funds are operating as described in their disclosures.
Additional reading:
- Environmental Protection Agency Announces Initial Program Design of Greenhouse Gas Reduction Fund
- Biden-Harris Administration Announces Availability of $16 Million for Pollution Prevention in Environmental Justice Communities
- Biden Administration Commits Another $490 Million to Combat Wildfire Risk
- California Lawmakers Propose Law Requiring Companies to Disclose Full Value Chain Emissions
- WORLD BANK PRICES FIRST CAD SUSTAINABLE DEVELOPMENT BOND OF 2023 AND HIGHLIGHTS THE IMPORTANCE OF BIODIVERSITY AND NATURE FOR DEVELOPMENT
- U.S. Environmental Protection Agency unveils $550 mln in environmental justice grants
- Biden-Harris Administration Announces $47 Million to Develop Affordable Clean Hydrogen Technologies
- Biden-Harris Administration Announces Funding For Community-Centered Clean Energy Programs Across the U.S. And $9 Billion For Home Rebates
- Biden-Harris Administration Announces $2.5 Billion to Cut Pollution and Deliver Economic Benefits to Communities Across the Nation
- Biden-Harris Administration Announces Over $200 Million to Modernize and Expand Hydropower
- The U.S. Department of Energy Launches New $50 Million Program to Help Communities Meet Their Clean Energy Goals
- EPA Announces Final “Good Neighbor” Plan to Cut Harmful Smog, Protecting Health of Millions from Power Plant, Industrial Air Pollution
- U.S. Department of Energy Announces $68 Million For Small Businesses Developing Technologies to Cut Emissions and Study Climate
- U.S. Department of Energy and Environmental Protection Agency Partner to Support Reliable Electricity
- NASA Awards $425 Million to Boeing for Fuel-Efficient Airliner Research Project
- U.S. ENVIRONMENTAL AGENCY AFFIRMS LEGAL LIMITS TO MERCURY FROM POWER PLANTS
- U.S. proposes first offshore wind auction in Gulf of Mexico
- Biden Announces $250 Million Funding to Decarbonize Federal Buildings
- THE DEPARTMENT OF ENERGY Announces $590 Million To Increase Bioenergy Research
- Goldman Sachs, Bank of America Invest in Environmental Markets Platform Xpansiv
European regulators are continuing their efforts towards bringing in more transparency in ESG reporting. Sustainable Finance Disclosure Regulation (SFDR) – Level 2 standards went live on January 1, 2023. The standards enforce strict requirements for the ESG labeling of investment funds. With more regulatory guidance coming into the picture, the investment landscape is getting complex, and firms are having to navigate a variety of legislative requirements.
Simultaneously, addressing Greenwashing risk is taking the next step directed to reveal any potential cases among the Corporate and Financial sector players.
Keywords: #ESGdisclosure #Sustainablefinance #Greenwashing
Policy/Regulation
European Commission is proposing common criteria against greenwashing and misleading environmental claims
Under this proposal, consumers will have more clarity, stronger reassurance that when something is sold as green, it is green, and better-quality information to choose environment-friendly products and services. Businesses will also benefit, as those that make a genuine effort to improve the environmental sustainability of their products will be more easily recognized and rewarded by consumers and able to boost their sales – rather than face unfair competition. This way, the proposal will help establish a level playing field when it comes to information about environmental performance of products. environment.ec.europa.eu
Legislators strike deal on a new standard to fight greenwashing in the bond markets
The EU has adopted the first ‘best-in-class’ standard in the world on the issuance of green bonds, and it may serve as a reference to other nations. The guideline is meant to identify authentic green bonds and curb greenwashing.
EUROPEAN CENTRAL BANK Publishes Climate-Related Statistical Indicators to Narrow Climate Data Gap
The ECB has published a new set of experimental and analytical statistical indicators to assess the impact of climate-related risk on the financial sector, and vice versa. The indicators are at a preliminary stage and will be fine-tuned later to better comply with the quality requirements of ECB statistics.
SFDR Level 2 standards go live after string of Article 9 downgrades
The introduction of Level 2’s regulatory technical standards (RTS) on 1 January 2023 means fund providers will need to supply detailed sustainability-related disclosure obligations, and complete mandatory reporting templates.
The Green Deal Industrial Plan
The Plan aims to provide a more supportive environment for the scaling up of the EU’s manufacturing capacity for the net-zero technologies and products required to meet Europe’s ambitious climate targets.
UK Classifies Nuclear as “Environmentally Sustainable” in Green Taxonomy
Nuclear power will be classified as “environmentally sustainable” under the UK’s upcoming green taxonomy, with access to the same investment incentives provided for renewable energy, in a move aimed at encouraging private investment.
Additional Reading:
- FCA turns attention to linking executive pay to sustainability
- The European Central Bank (ECB), Regulators Working on Climate Reporting Requirements for Structured Finance Products
- SWITZERLAND TO ADDRESS GREENWASHING WITH SUSTAINABLE INVESTMENT LABEL RULES
- EU REGULATORS WELCOME, CRITIQUE NEW EUROPEAN SUSTAINABILITY REPORTING STANDARDS
- UK to Take “More Permissive Approach” to Competition Law for Agreements that Combat Climate Change
- EU lawmakers approve CO2-cutting targets and expanding forest carbon sinks
- UK’S ACCOUNTING WATCHDOG TRAINS SIGHTS ON ESG AUDITORS
- UK ACCOUNTING REGULATOR TO RAMP FOCUS ON KEY ESG DISCLOSURE AREAS
- EUROPEAN REGULATORS SLAMMED FOR APPROACH TO GREENWASHING PROBE
- UK BANS SINGLE-USE PLASTIC PLATES AND CUTLERY
- SCOTLAND TARGETS “RENEWABLES POWERHOUSE” STATUS WITH NEW CLEAN ENERGY TRANSITION STRATEGY
- The Financial Conduct Authority (FCA) outlines where improvements are needed in ESG benchmarks
- Regulator Pushes for Tougher EU Sustainable Investment Rules
- Bank of England Releases Report on Climate-Related Risks and the Regulatory Capital Frameworks
Initiatives
European COMMISSION WELCOMES Agreement reached on cutting maritime transport emissions by promoting sustainable fuels for shipping
Early this morning co-legislators agreed on FuelEU Maritime – a new EU regulation ensuring that the greenhouse gas intensity of fuels used by the shipping sector will gradually decrease over time, by 2% in 2025 to as much as 80% by 2050. This measure will help reduce greenhouse gas emissions from the shipping sector by promoting the use of cleaner fuels and energy.
Euronext launches CAC SBT 1.5° Index
Euronext today announced the launch of the CAC SBT 1.5° (gross return Bloomberg code: CASBT15P), an index investing solely in companies within the SBF 120 Index that have emissions reduction targets approved to be in line with the 1.5°C goal of the Paris Agreement.
UK Regulator to Test Asset Managers’ ESG Claims for Greenwashing
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has informed asset managers that it will be testing the ESG, and sustainable investing claims made in their communications with investors, as part of its efforts to reduce greenwashing risk.
Transition Plan Taskforce asks finance firms to publish plans this year
The UK government-mandated Transition Plan Taskforce (TPT) is calling on financial firms and real-economy companies to publish their transition plans this year, and is asking for input on the feature that tests out transition planning. The taskforce is also going to start looking at debt and credit, the application and utility of transition plans in emerging markets and developing countries, and supporting small- and medium-sized enterprises to transition.
Additional Reading:
- European Commission proposes 2030 zero-emissions target for new city buses and 90% emissions reductions for new trucks by 2040
- ECB Discloses Decarbonization Progress of €385 Billion Corporate Bond Portfolio
- EU COMMISSION APPROVES €1.1 BILLION DANISH SCHEME FOR CARBON CAPTURE AND STORAGE TECHNOLOGIES
- EU PARTNERS WITH SOUTH AFRICA TO INVEST €280 MILLION IN ITS JUST AND GREEN RECOVERY
- EU Approves Over $550 Million for Steel Decarbonization Initiatives at ArcelorMittal
- BRITISH INTERNATIONAL INVESTMENT AGREES $52 MILLION LOAN FOR GREEN SPINING FACILITY
- PORTUGAL AGREES TO SWAP CAPE VERDE’S DEBT FOR ENVIRONMENTAL INVESTMENT
- European Investment Bank and CASSA DEPOSITI E PRESTITI PROVIDE PUBLIC AUTHORITIES WITH €200 MILLION TO FINANCE SUSTAINABILITY PROJECTS
- UK’s Border to Coast to Vote Against Climate Inaction
- UK CLOSES IN ON £300 MILLION CLIMATE PACKAGE FOR BRITISH STEEL
- NETHERLANDS-BASED BANK ABN AMRO TO ALIGN LENDING, INVESTMENT PORTFOLIOS WITH NET ZERO
- NORDEA LAUNCHES CLIMATE AND ENVIRONMENT TEAM TO DRIVE NET ZERO STRATEGY
- AIR FRANCE-KLM ISSUES €1 BILLION HIGH YIELD SUSTAINABILITY-LINKED BOND TIED TO CLIMATE GOALS
- Italian energy company ENI DOUBLES SUSTAINABILITY-LINKED BOND OFFERING TO €2 BILLION ON “EXTRAORDINARY” DEMAND
- FORD ANNOUNCES NEW SOLAR POWER PLANT MOVING TOWARDS SUSTAINABILITY TARGET
- ECB Boosts Tilt of Corporate Bond Portfolio to Better Climate Performers
South America has been quiet this first quarter of the year, without major announcements at the government level. Some ESG initiatives stand out in Brazil, while others are scattered in countries such as Colombia and Chile, led mainly by private companies.
Brazil is emerging as a leading force in the region with the latest news to bid for the right to host COP30 in Belem.
Keywords: #SupplyChainDueDiligence #ESGDisclosure #ESGFunds
Policy/Regulation
Brazil’s coffee affirms its commitment to ESG agenda in 2023
The new Supply Chain Due Diligence Act (LDCF), which came into force on January 1, 2023, affects foreign suppliers of companies based in Germany, or registered abroad, that employ up to three thousand people in the country.
Initiatives
Brazil bids to bring Cop30 climate talks to Amazon’s Belem
The country’s new president Lula da Silva said in a video on Twitter that Brazil’s foreign relations ministry had formalized Belem, located in the state of Pará, as a candidate to host Cop30. Brazilian climate campaigner Cintya Feitosa told Climate Home that having the talks in the Amazon region “can send a signal to the global community of the relevance of the Amazon to the climate negotiations and include its population in the main rooms”.
Brazil launches first raids against Amazon tree-cutters under Lula’s new government
Bolsonaro gave the military and later the Justice Ministry authority over operations to fight deforestation, sidelining Ibama despite the agency’s extensive experience and success in fighting the destruction of the Amazon.
Germany Pledges $217 Million To Help Brazil Defend Amazon Rainforest
Germany on Monday pledged 200 million euros ($217 million) to help Brazil defend the Amazon rainforest, a global ecosystem devastated during years of rule under former Brazilian President Jair Bolsonaro.
GoNetZero™ collaborates with Instituto Totum to scale renewable energy certificate market in Brazil
GoNetZeroTM, Sembcorp’s carbon management solutions corporate venture, today launched its blockchain-powered digital platform for trading Brazil International Renewable Energy Certificates (I-REC). Brazil is the world’s second largest I-REC market where the volume of I-REC issued in 2022 doubled from the year before to 22 million.
Additional Reading:
- CIF Approves $70 Million for Colombia’s Integration of Clean Energy into the Power Grid
- Banco de Bogotá, IDB Invest Announce $230 Million Sustainability Bond
- Brazil Appoints Luiz Alberto Figueiredo as Ambassador for Climate Change
- Chilean lithium miners to use desalinated water to quell water use concerns
- Brazil says plans green bond sale this year | Reuters
Local regulators are facing a dilemma to balance alignment with international standards and proposing disclosure regulations that would be acceptable to the market participants.
With the growing number of ESG regulations, both corporates, and investors would also need to develop internal capabilities and processes to meet regulatory requirements.
UN Agreement on Marine Biological Diversity is complementing recent actions towards preserve of ecological biodiversity announced during COP15 that resulted with releasing of the Kunming-Montreal Global Biodiversity Framework.
Keywords: #Disclosure #Supplychain #Cleanenergy
Policy/Regulation
CHINA EXTENDS POLICIES ON SUPPORTING GREEN TRANSITIONS
People’s Bank of China has stated to extends its three tools – carbon reduce support tool, specialized loan for environmentally friendly use of coal, specialized loan for transportation services – to support green transition.
TAIWAN ISSUED A FOUR-YEAR OUTLINE PLAN FOR A NET ZERO EMISSION PATH
“Net Zero Emission Path 112-115 Outline Plan” is the first official document of the new Cabinet. To realize the net zero target, Taiwan set five work themes, “decarbonized energy”, “Industry and energy efficiency”, “Green Transport and vehicle electrification”, “Industry and energy efficiency”, “negative carbon technology” and “governance.
TAIWAN OFFICIALLY RELEASED LATEST CORPORATE GOVERNANCE EVALUATION INDICATORS
The Financial Supervisory Commission issued the “Blueprint for Strengthening Corporate Governance” in 2013. The structure of the corporate governance evaluation mainly adopts the corporate governance principles issued by the Organization for Economic Co-operation and Development (OECD) and is designed with reference to domestic and foreign corporate governance related evaluations, development trends, laws, and regulations. The indicators include four categories: safeguarding shareholders’ rights and interests and treating shareholders equally, strengthening the structure and operation of the board of directors, enhancing information transparency, and promoting sustainable development. (Translation from Traditional Chinese)
Securities and Exchange Board of India puts forward new ESG rules
The Securities and Exchange Board of India (SEBI) has released a consultation paper on requiring large firms to provide greater assurances on their ESG reporting. Large Indian firms may be required to provide assurances on their ESG reporting and supply chain-level ESG disclosures, while ESG investing funds will face tighter portfolio and stewardship criteria.
The Securities and Exchange Board of India (SEBI) mulls regulatory framework on ESG disclosure, ratings, investing
India’s SEBI has issued a mandate for the top 1,000 listed companies by market cap to make filings as per Business Responsibility and Sustainability Reporting (BRSR) from FY23. In addition, to mitigate greenwashing at the scheme level, SEBI has suggested that the ESG scheme should invest at least 65% of its assets under management (AUM) in companies that are reporting on comprehensive BRSR and are also providing assurance on BRSR Core disclosures.
Japan’s Financial Services Agency (FSA) issued new guidelines regarding mislabeling of ESG funds
Only funds that consider ESG as a “key factor” when choosing investments can be marketed as such, under the FSA’s new guidelines. From April, new funds that do not fall into that category will not be able to use ESG-related terms such as “green,” “decarbonization” or “sustainable” in their names. Existing funds will be permitted to keep their names but must state in their prospectuses that they are not ESG funds.
Representatives of the ISSB and the Sustainability Standards Board of Japan hold inaugural bilateral meeting in Japan
In addition, representatives of the SSBJ outlined the Board’s project plan for the development of Japanese sustainability disclosure standards: Exposure Drafts to be issued no later than 31 March 2024. Final Standards to be issued no later than 31 March 2025.
Additional Reading:
- Australia’s Climate, Sustainability & ESG Reporting Requirements in 2023 – Key Laws, Rules & Regulations
- JAPAN’S RENEWABLE ENERGY INSTITUTE PUBLISHES GUIDEBOOK FOR ELECTRICITY PROCUREMENT 2023
- Japan FSA Looks to Enhance Sustainability Disclosure Rules
- JAPAN CABINET DECISION ON THE BILL FOR THE ACT ON THE RATIONALIZATION OF ENERGY USE TO ESTABLISH A STABLE ENERGY SUPPLY AND DEMAND STRUCTURE
- JAPAN SEEKS PUBLIC COMMENTS ON COMPILED ELECTRIC VEHICLES RELATED GUIDELINES
- Australian Government released proposed reforms to the Safeguard Mechanism and proposed details of the $1.9 billion Powering the Regions Fund
- KOREA PENSION FUND TO CONSIDER CLIMATE CHANGE IN MANAGEMENT WORK
- INDIA BANS COAL FOR INDUSTRIAL USE IN DELHI-NCR
- NZX Amends Corporate Governance Code to Raise ESG Bar
- Representatives of the ISSB and the Sustainability Standards Board of Japan hold inaugural bilateral meeting in Japan
- ASIC publishes report on good practices for handling whistleblower disclosures
- China Mulls Mandatory ESG Disclosures for Domestic Public Firms
- SINGAPORE: Final public consultation on green and transition taxonomy launched
- NSW EPA to limit GHG emissions under new Climate Change Policy and Action Plan
- FSS to inquire actual use of funds raised by issuing ESG bonds
- Philippine SEC: Rules on Sustainable and Responsible Investment Funds
Incentives
Successful Conclusion of Negotiations Under Singapore’s Presidency on a New United Nations Agreement on Marine Biological Diversity of Areas Beyond National Jurisdiction
The BBNJ Agreement covers access to and use of marine genetic resources; the adoption of conservation and sustainable use measures and the conduct of environmental impact assessments in the maritime areas beyond national jurisdiction; and capacity-building and the transfer of marine technology.
MALAYSIA ROLL OUTS OF FIRST “GREEN VALUE CHAIN” PROGRAMME
The initiative is designed to provide technical assistance and funding to help SMEs decarbonize their operations. bnm.gov.my
India’s first green bond sale to command ‘greenium’ on strong demand
The Indian government expects to issue its first green bonds at a ‘greenium,’ with yields below prevailing market rates, and has identified 400 billion rupees ($4.92 billion) in projects that can be funded with the proceeds, said two government sources.
Additional Reading:
- JAPAN STARTS EXPERIMENTAL CO2 FREE HYDROGEN PRODUCTION
- JAPANESE CENTRAL COUNTERPARTY JSCC STARTS USING BLOCKCHAIN FOR RUBBER FUTURES SETTLEMENT
- BURSA MALAYSIA, LSEG TO LAUNCH SUSTAINABILITY REPORTING PLATFORM
- The Stock Exchange of Thailand (SET) launches “ESG Impact Assessment Report: Thailand Sustainability Investment (THIS) 2022” for positive impacts of all sectors
- India Proposes Supply Chain ESG Disclosure, ESG Investing Rules
- Japan Considers Green Transition Bonds Issuance for Next Fiscal Year
- FIRST CARBON NEUTRAL LNG CARGO DELIVERED TO TAIWAN
- TAIWAN AGRICULTURE COMMISSION LAUNCHES AGRICULTURAL SUSTAINABILITY ESG PROJECT
- FOUR HYDROGEN PROJECTS WON FUNDING IN JOINT AUSTRALIAN-GERMAN CALL
- ISUZU PHILIPPINES LAUNCHES SOLAR PANELS IN PRODUCTION SITES
- JAPANESE COMPANY TAKES PART IN NUCLEAR FUSION POWERING PROJECT
- JAPAN’S TOKYO GAS CUTS SHAREHOLDER RETURNS TO INVEST IN DECARBONIZATION
- AUSTRALIA’S RENEWABLE ENERGY INVESTMENTS SURGED BY 10X IN FOURTH QUARTER OF 2022
- LA, TOKYO, YOKOHAMA PORTS SIGN DEAL FOR GREEN SHIPPING CORRIDOR
- Hong Kong government issues first tokenised green bond
- Thailand Opens New Clean Energy and Carbon Credit Trading Platform
- Australia lays out plan to make biggest polluters slash emissions
