Quick Hits

Australian Prime Minister Scott Morrison declined to commit to a national coal phase-out, as reported by Reuters on September 26. At an interview following a summit at Washington, the Prime Minister said that emissions reduction plans were still in the works, and that he would...

Cathay Pacific [0293 :HK] pledges to increase the use of Sustainable Aviation Fuel (SAF) to 10% of its total fuel consumption by 2030 through its partnership with California-based low-carbon transportation fuel company Fulcrum BioEnergy [FLCM:US], as the airline announced in a press release on September...

The global mining giant Rio Tinto [RIO: AU] declared its partnership with EDL Energy, an Australian sustainable energy producer, to enlarge its solar capacity by three times and add more battery storage to its Weipa operations in far North Queensland, as reported by PVTech on...

Samsung C&T Group [028260: KS] signed an ‘Eco-friendly Hydrogen and biofuel partnership agreement with S-Oil [010950: KS] to produce green Hydrogen together in Saudi Arabia and transit back to South Korea, as reported by the Korea Economic Daily on September 17. Under their agreement, S-Oil...

Taiwan Semiconductor Manufacturing Company (TSMC) [TSM:US] has fired seven employees citing violation of the company’s core values, as reported by Taipei Times on September 23. TSMC is the world’s largest contract semiconductor company with many leading electronics companies as clients, such as Apple [AAPL:US], Intel...

President Xi Jinping announced that China will no longer build new coal-fired power projects abroad at the opening meeting of the 76th United Nations General Assembly (UNGA) on September 21, as reported by The Strait Times on September 22. The president also repeated last year’s...

Singapore’s Advisory Committee on Platform Workers, announced by Prime Minister Lee Hsien Loong in August, is in the early works to improve gig workers welfare, as reported by the Straits Times on September 15. Its three focuses are financial protection for work injury, retirement and...

South Korea’s Fair Trade Commission (KFTC) has commenced investigations into internet group Kakao’s [035720:KS] ride-hailing unit Kakao Mobility and e-commerce giant Coupang [CPNG:US] for their alleged unfair business practices, as reported by the Korea Economic Daily on September 12. To be more specific, taxi driver...

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