China plans to build 450 gigawatts (GW) of solar and wind power capacity in the Gobi Desert and other desert areas, as reported by Reuters on March 5. More than half of the capacity will be installed in four desert areas of Inner Mongolia, Kubuqi,...
South Korea’s Financial Services Commission (FSC) and the Korea Exchange (KRX) revamped their guidelines for corporate governance reporting on March 6, as reported by the Korea Economic Daily on the same day. The updated guidelines require all KRX-listed companies with over KRW1tr (USD822m) in assets...
China’s Premier Li Keqiang delivered a government work report on March 5, stressing that the nation will continue to enhance its ecological environment and encourage green and low-carbon growth, as reported by Reuters on the same day. According to the premier’s address, China will focus...
South Korean conglomerate SK Group [034730:KS] has invested USD100m in US clean technology firm 8 Rivers Capital, and the two companies have created a joint venture (JV) to launch zero-emissions projects, as reported by Reuters on March 8. By combining SK's domestic and international energy...
Malaysian tech company DiBiz has established Trustparent Marketplace, the world's first online trading platform for certified sustainable palm oil (CSPO), as reported by Reuters on March 8. The Trustparent Marketplace connects CSPO buyers with suppliers and has traceability measures in place to ensure the industry's...
Coal India’s [COAL:IN] Chairman Pramod Agrawal stated that the company plans to achieve net-zero emissions in its operations within the next three to four years, as reported by Reuters on March 8. Coal India, a government-owned coal mining and refining company in India, would employ...
Citibank Korea has established an agreement with Hyundai Engineering & Construction (E&C) [000720:KS], the Hyundai Group's construction company, to promote ESG practices and expand their global businesses, as reported by the Korea Times on March 7. As part of the partnership, Citibank will provide a...
On March 1, the Shanghai Stock Exchange published an official document titled the Programme of Action on Carbon Neutrality and Action during the "14th Five-Year Plan" (the Programme of Action). To align with China’s “30-60” Decarbonization Goals, the Programme of Action proposed six main initiatives...
Thailand’s Aberdeen Asset Management, an affiliate of UK-based global investment company Abrdn Plc [ABDN:LN], is launching Abrdn Global Innovation Equity Fund (ABINNO), a mutual fund focused on tech businesses that comply with environmental, social, and governance (ESG) criteria, as reported by Bangkok Post on March...
Taiwan Depository and Clearing Corporation’s (TDCC) Investor Relations (IR) platform, dubbed Taiwan’s ESG Dashboard, will add the S&P Global [SPGI:US] ESG Scores to its database in 2022, as reported by Taiwan News on March 1. S&P Global ESG Scores uses its advanced Corporate Sustainability Assessment...
Inner Mongolia, China’s second-largest coal-producing region and the biggest renewables producer, released a five-year plan (FYP) to build a hydrogen industry worth over RMB100bn (USD15.83bn) from 2021 to 2025, as reported by power market monitor bjx.com.cn on March 1. The plan aims for a hydrogen...
China’s technology and entertainment conglomerate Tencent [0700:HK] has pledged to achieve carbon neutrality for its operations and supply chain by 2030, as reported by Reuters on February 24. To attain this goal, Tencent committed to using green power for all its electricity demand by 2030,...
Global oil and gas trader Shell [RDSA:LN] has agreed to purchase a 49% equity in wind farm developer WestWind Energy's Australian arm, as reported by Reuters on March 2. WestWind Energy has plans to develop a three-gigawatt (GW) wind project pipeline across Australia’s Victoria, New...
China’s Ministry of Transport (MoT) asked ride-hailing firms and online trucking platforms to set a reasonable cap on fees for drivers and disclose their pricing rules to the public, as reported by Caixin on February 24. The announcement came a month after China’s nine supervision...
Japan’s major industrial materials producer, Mitsubishi Chemical [4188:JP], aims to realize net-zero emission in the production of methyl methacrylate (MMA) by 2026, a material applied in plastics for vehicle parts and construction materials, as reported by Nikkei Asia on February 23. Mitsubishi Chemical is the...
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