The United States Securities and Exchange Commission (SEC) released its long-anticipated proposal for climate-related financial disclosure in March 2022. The proposal is historic as it marks the first effort by any US financial regulator to standardize climate-related disclosure. Back in June 2021, the finance ministers and...
The BRICS countries released a joint statement on May 13 during the virtual BRICS High-level Meeting on Climate Change, as reported by Xinhua on May 14. The meeting was chaired by Huang Runqiu, Minister of China’s Ministry of Ecology and Environment (MEE), and attended by...
Tata Power [TPWR:IN], India’s largest power generation company, has signed a memorandum of understanding (MoU) with Hyundai Motor’s [005380:KS] local arm Hyundai Motor India Limited (HMIL) on May 17, as reported by the Economic Times on the same day. The MoU establishes that the two parties will...
The Group of Seven (G7) will expand an initiative to help developing countries, including Indonesia, Vietnam, India, and Senegal, phase out coal, as reported by Nikkei Asia on May 16. At the COP26 global climate summit last October, the G7 launched the initiative, offering USD8.5bn...
China’s State Administration for Market Regulation (SAMR) launched an antitrust investigation into China’s largest online academic database China National Knowledge Infrastructure (CNKI) on May 13, as reported by South China Morning Post on the same day. The probe came after China’s top research group, the...
US energy companies Chevron [CVX:US] and ExxonMobil [XOM:US] have separately inked agreements with Indonesia’s state-owned refiner PT Pertamina to explore business opportunities in Indonesia’s low-carbon technology development, as reported by Reuters on May 13. Chevron seeks potential business in new geothermal technology, carbon offsets through...
SK Group [034730:KS], South Korea’s second-largest conglomerate, formed a partnership with Bill Gates-backed nuclear power venture TerraPower to develop a small modular reactor (SMR) business, as reported by Korea Economic Daily on May 17. SK Group stated that it hopes to explore business opportunities brought...
Ant Group, an affiliate of Chinese tech giant Alibaba [BABA:US], has completed a sustainability-linked loan (SLL) agreement with BNP Paribas [BNP:FP], marking the first SLL deal in China’s technology sector, as reported by Bloomberg on May 16. The loan, offered as a revolving credit line,...
The Japanese government plans to set up a JPY20tr (USD155bn) fund to boost investment in new power grid technology, energy-saving homes, and other technologies that can decrease the country’s carbon footprint, as reported by Nikkei Asia on May 14. Specifically, smart grids which can adjust...
Hainan, the southeastern province of China, has drawn up a four-year development plan (2022-2025) to form an offshore wind power industry chain worth RMB50bn (USD7.36bn) by 2025, as reported by Sina on May 14. According to the plan, by 2025, the island province will build...
Japan Exchange Group (JPX) [8697:JP] and Japan’s Ministry of Economy, Trade, and Industry (METI) will establish an experimental market for carbon dioxide (CO₂) emissions trading, marking the first of its kind in Japan, as reported by Nikkei Asia on May 13. The market will be...
On April 21, 2021, the European Commission adopted the Corporate Sustainability Reporting Directive (CSRD) proposal, which would amend the existing requirements of the Non-Financial Reporting Directive (NFRD). The CSRD envisages the adoption of the European Sustainability Reporting Standards (ESRS). It identifies the European Financial Reporting...
AirCarbon, a Singapore carbon exchange, is working with Germany’s main bourse to launch futures trading for carbon offsets, as reported by Bloomberg on May 8, 2022. The futures contracts will be traded on the European Energy Exchange beginning as early as this year. The offer...
Ashok Leyland's [AL:IN] electric vehicle (EV) arm Switch Mobility will invest INR10bn (USD USD129m) in a dedicated EV plant in South India, as reported by Economic Times on May 10. People familiar with the matter disclosed that the EV plant would be located in the...
HK Electric [2638:HK], one of Hong Kong’s two major electric generation companies, announced a plan to build a 600-hectare (1,482-acre) offshore wind farm southwest of Lamma Island, as reported by South China Morning Post on May 6. The wind farm will include 13 to 19...
Las cookies necesarias son absolutamente esenciales para que el sitio web funcione correctamente. Esta categoría solo incluye cookies que garantizan funcionalidades básicas y características de seguridad del sitio web. Estas cookies no almacenan ninguna información personal.
Las cookies que pueden no ser particularmente necesarias para que el sitio web funcione y se utilizan específicamente para recopilar datos personales del usuario a través de análisis, anuncios y otros contenidos incrustados se denominan cookies no necesarias. Es obligatorio obtener el consentimiento del usuario antes de ejecutar estas cookies en su sitio web.
Español 
English 
简体中文 
繁体中文 
日本語 
Français