Seneca ESG |

08 Jun Temasek to Invest USD3.64bn to Launch Green Investment Company

Posted at 15:14 by Lexy Li

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...

10 Feb Overview of SFDR Updates: Regulatory Technical Standards

Posted at 17:40 by Tina Zhang

The European Union’s Sustainable Finance Disclosure Regulation (SFDR) is established to facilitate ESG (Environment, Social, Governance) investing as it has become the mainstream of the world of finance and investing. According to Bloomberg’s analysis, the global sustainable financial assets under management (AUM) reached USD37.8tr by...

10 Dec Trafigura to Build USD540m Hydrogen Plant at Its Australian Lead Smelter

Posted at 16:39 by Jordy Leo

Geneva-based commodity trading and logistics company Trafigura plans to construct a hydrogen plant worth AUD750m (USD540m) within its Port Pirie lead smelter in South Australia, as reported by Reuters on December 9. The Australian state government and Trafigura jointly funded the scheme with AUD5m (USD3.57m)...

02 Dec Macquarie’s Green Investment Arm Participates in Australian Energy Storage Project

Posted at 11:34 by Jordy Leo

Macquarie Group's [MQG:AU] green investment unit has formed a collaboration with France’s Engie SA [ENGIE:FP] and the US energy storage firm Fluence Energy [FLNC:US] to construct an energy storage project in Victoria State, Australia, as reported by Reuters on December 1. Macquarie’s subsidiary and Engie...

01 Dec BOJ Includes 43 Lenders in Its Zero-Interest Climate Loan Scheme

Posted at 10:17 by Jordy Leo

The Bank of Japan (BOJ) [8301:JP] announced on November 26 that 43 financial institutions are qualified to receive loans under a new scheme targeting activities aimed at combating climate change, as reported by Reuters on the same day. BOJ rolled out this program in July...

17 Sep South Korean Banking Giants KB, Shinhan Invest KRW80bn in Swedish Wind Farm

Posted at 17:04 by Una Qu

South Korea’s KB Financial Group [KB:US] and Shinhan Financial Group [SHG:US] jointly spent KRW80bn (USD68m) on a 45% stake of Sweden’s Gubbaberget Wind Farm through their Global Green Energy Partnership Fund, as reported by the Korea Economic Daily on September 17. Specifically, KB Kookmin Bank,...

16 Jul South Korea Expands Investments in Green Industries and Digital Infrastructure

Posted at 10:31 by Edward Chen

South Korea recently renewed its New Deal initiative to incorporate more investment in digital technology and green energy, as reported by The Korea Herald on July 14. During a televised address earlier that day, President Moon Jae-in said that the government would expand its earlier...