Auteur: Lexy Li

Australia's greenhouse gas emissions climbed by over 1% in 2021, representing a year-on-year increase of 4.1m tonnes in carbon dioxide equivalent, as reported by Reuters on June 27. According to the Australian government’s quarterly report, the country saw a 4% rise in transportation emissions, a 3.3% rise...

LG Chem [051910:KS] will launch its first hydrogen manufacturing plant in the second half of 2024 with an annual capacity of 50,000 tons, as reported by Reuters on June 20. The plant will produce clean fuel for the petrochemical sector, in keeping with the company's...

South Korea's antitrust authority, the Fair Trade Commission (FTC), has fined six logistics firms including CJ Logistics [000120:KS], Dongbang Transport Logistics [004140:KS], and others a total of KRW6.5bn (USD5.06m) for price rigging, as reported by the Korea Herald on June 14. Between 2016 and 2018, the...

CPC Corp [1328:TT], Taiwan's government-owned oil and gas company, has received the island’s first emissions-offset crude oil cargo, as reported by Reuters on June 12. The 1.05m-barrel Azeri Light crude oil shipment was supplied by SOCAR Trading, the trading arm of Azerbaijan's state oil firm...

Seven multinational pharmaceutical companies, including Japan's Takeda Pharmaceutical [4502:JP], America's Pfizer [PFE:US], and British-Swedish multinational AstraZeneca [AZN:LN], have reached an agreement to collaborate in evaluating the greenhouse gas emissions of their suppliers, as reported by Nikkei Asia on June 7. As pharmaceutical firms commonly share...

LG Innotek [011070:KS] has established an agreement with the Korea Commission for Corporate Partnership to assist the firms' partners with their environmental, social, and corporate governance (ESG) performance, as reported by The Korea Herald on June 7. The South Korean electronic component manufacturer and the...

Singaporean investment company Temasek Holdings [TMSK:SP] will allocate SGD5bn (USD3.64bn) to set up a green investment company called GenZero, as reported by Nikkei Asia on June 7. GenZero will help accelerate the growth of Temasek’s energy-saving and emission-reduction businesses by investing in carbon-reducing technologies as...

Japan's Nidec [6594:JP] intends to invest JPY10bn (USD78m) to expand its electric vehicle (EV) business in India, as reported by Nikkei Asia on May 31. The investment will be dedicated to launching a new building at Nidec’s factory in western Rajasthan in India, increasing the...

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