Emission – Emissions Tag

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...

Japanese chemical producer Asahi Kasei [3407:JP] has developed a technology to produce lithium-ion battery materials from carbon dioxide (CO2), as reported by Nikkei Asia on June 16. The new technology will produce a solvent used in battery electrolytes, while the CO2 consumed during the manufacturing...

Shanghai issued a four-year action plan (2022-2025) to conduct carbon-reduction and energy-conservation reform in the city’s industrial and communication sectors, aiming for an average 1% reduction in power use every year during the period, as reported by Securities Times on June 13. According to the...

South Korea’s major shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) [042660:KS] formed collaborations with ship classification organizations American Bureau of Shipping (ABS) and Greek liquified natural gas (LNG) carrier manufacturer Gaslog [GLOP:US] to jointly develop onboard carbon capture and storage (OCCS) technology, as reported by...

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...

China’s Ministry of Finance (MoF) issued guidelines on May 30 calling for fiscal measures to support the China’s carbon emission peaking and carbon neutrality, as reported by Caixin on the same day. The document outlined multiple policy initiatives, including strengthening the guiding role of fiscal...

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