The government of Taiwan announced on April 22 that the government will focus on research and development (R&D) in green energy, smart grids, and energy storage facilities, in a move to reduce carbon emissions, as reported by Reuters on the same day. According to the...
The International Sustainability Standards Board (ISSB) is expected to issue a set of ESG disclosure standards by the end of 2022, which is likely to be accepted internationally, as reported by Sina News on April 20. The Vice-Chairman of China Securities Regulatory Commission (CSRC), Fang...
Eight Chinese asset managers, including E Fund, China Merchants Fund Management [600036:CN], GF Fund, Fullgoal Fund, China Universal, and others, have submitted their applications to the CSRC for launching new carbon neutrality-themed exchange-traded funds (ETFs), as reported by Yicai on April 21. The eight ETFs...
CSR strategy - ESG reporting and transparency...
Mitsubishi Chemical [4188:JP], Tokai Carbon [5301:JP], and other Japanese electric vehicle (EV) battery material providers are raising outputs overseas to appeal to Western countries intending to diversify their sources of supply, as reported by Nikkei Asia on April 18th. By 2023, Mitsubishi Chemical plans to...
The Shanghai Municipal Administration for Market Regulation (Shanghai AMR) warned 12 Chinese e-commerce platforms, including Meituan [3690:HK] and Alibaba's [BABA:US] Ele.me, against pricing irregularities in agricultural products amid Shanghai’s Covid-19 lockdown, as reported by The Paper on April 18. The regulator summoned these e-commerce platforms...
JX Nippon Mining & Metals (JX), a unit of Japanese petroleum company ENEOS [5020:JP], will invest millions of dollars to deploy lithium recovery equipment at its subsidiary JX Metals Circular Solutions, as reported by Nikkei Asia on April 14. JX plans to extract high-purity lithium...
Japan’s Mitsubishi Heavy Industries [7011:JP] plans to develop and commercialize nuclear reactors small enough to be delivered on trucks by the end of the next decade, as reported by Nikkei Asia on April 19. The mini reactors will have a maximum capacity of 500 kilowatts...
The Solar Energy Corporation of India (SECI), a public sector under India’s Ministry of New & Renewable Energy, has issued the tender for establishing a Standalone Battery Energy Storage System (BESS) with a storage capacity of 1000 megawatt-hours (MWh) or 500 MW for two hours,...
France’s TotalEnergies [TTE:FP] and Japanese oil company ENEOS [5020:JP] will jointly develop two gigawatts (GW) of solar power capacity in Asia over the next five years and sell renewable power to businesses in the region, as reported by Nikkei Asia on April 14. The two...
American oil and gas producer ExxonMobil [XOM:US] launched design studies for its carbon capture storage (CCS) hub in southeast Australia, as reported by Reuters on April 14. The US company plans to use the hub for storing carbon dioxide (CO2) generated by the industries in...
Japan will start importing bio jet fuels from Finland's Neste in 1Q23 for distribution to Japanese and foreign airlines to cut the carbon footprints of its aviation industry, as reported by Nikkei Asia on April 14. The Japanese government will start a two-month trial in...
South Korean carmaker Kia [000270:KS] and e-commerce platform Coupang [CPNG:US] have agreed to collaborate on building all-electric cargo trucks, as reported by the Korea Herald on April 15. By 2025, the two companies plan to release mid-sized and large electric cargo vehicles with improved storage,...
China’s largest battery producer Contemporary Amperex Technology (CATL) [300750:CH] signed an agreement with Indonesia’s state-owned PT Aneka Tambang (ANTAM) and PT Industri Baterai Indonesia (IBI) to jointly develop a USD5.97bn mining-to-batteries complex in Indonesia, as reported by Bloomberg on April 15. Specifically, the integrated project...
Greenko ZeroC (GZC), a subsidiary of Indian renewable energy developer Greenko Group, has signed an agreement with Belgium’s high-capacity alkaline electrolyzer producer John Cockerill to form a 50-50 joint venture (JV), as reported by Economic Times on April 12. The JV will establish a factory...
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