Carbon Neutrality Tag

South Korea has officially scaled up climate ambition and committed to reducing carbon emissions by 40% from 2018 levels by 2030, as reported by Reuters on October 18. The new target was proposed as the country’s revised nationally determined contribution (NDC), as nations are expected...

Singapore’s Nanyang Technological University (NTU) is issuing SGD1bn (USD741m) in multicurrency bonds to support its sustainability goals, as reported by The Straits Times on October 11. The sustainability-linked bonds (SLBs) will be issued under a medium term note (MTN) program arranged by the Oversea-Chinese Banking...

Japan’s Nissan Motor [7201:JP] on October 8 announced that the company will switch to all-electric facilities and use environmentally friendly energy sources at its global factories by 2050, as reported by Nikkei Asia on October 9. The potential environmentally friendly power in considerations includes wind,...

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, as the airline announced in a press release on September 22....

Korean Air [003490:KS] announced a partnership with South Korean petroleum and refinery company SK Energy [096770:KS] to use carbon-neutral jet fuel in its fleet on September 6, according to the airline’s press release on the same day. SK Energy will supply one-month carbon-neutral jet fuel...

LG Display [LPL:US], a subsidiary of South Korean conglomerate LG [003550:KS] that focuses on manufacturing display panels, announced on July 26 that its business offices will use all renewable energy, as reported by the Korea Economic Daily later that day. After the announcement, renewable energy...

Japanese environment and trade ministries published the target to achieve 108GW of solar power capacity by 2030, up-scaling its previous 64GW target by 1.7 times, as reported by PV Tech on July 7. Currently, Japan is on track to reach 88GW of solar capacity by...

China’s Ministry of Ecology and Environment (MEE) officially published a set of interim rules for carbon emission rights trading, governing registration, trading specification, and settlement of emission rights for the national emissions trading system (ETS) on May 17. Prior to trading, local governments should first...

Greenpeace, an environmental protection non-governmental organization (NGO), published the Clean Cloud 2021, a ranking list of energy-related information disclosures and renewable energy use in China’s technology and internet industry, as reported by Caixin on April 21. Specifically, Tencent [0700:HK] topped Chinese internet cloud services companies,...

The latest statistics of international data provider Refinitiv showed that China issued green bonds with a scale of approximately USD15.7bn for clean and renewable energy related projects in the first quarter of this year, as reported by Xinhuanet on April 2. The reading was about...

China’s Ministry of Ecology and the Environment (MEE) has started the public review of its newly released draft legislation for the national carbon emissions trading scheme (ETS), as reported by Caixin on March 31. The revised law will then be submitted to State Council for...

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