2022-05-12

On April 21, 2021, the European Commission adopted the Corporate Sustainability Reporting Directive (CSRD) proposal, which would amend the existing requirements of the Non-Financial Reporting Directive (NFRD). The CSRD envisages the adoption of the European Sustainability Reporting Standards (ESRS). It identifies the European Financial Reporting...

HK Electric [2638:HK], one of Hong Kong’s two major electric generation companies, announced a plan to build a 600-hectare (1,482-acre) offshore wind farm southwest of Lamma Island, as reported by South China Morning Post on May 6. The wind farm will include 13 to 19...

Chinese electric vehicle (EV) maker and battery producer BYD [1211:HK] is under investigation by authorities after residents accused its car factory in Changsha, Hunan Province of excessive emission and health hazards, as reported by Strait Times on May 9. Posts on China’s social media Weibo...

India is planning to reopen more than 100 coal mines previously considered financially unsustainable to address the nationwide power crisis caused by heatwave, as reported by Reuters on May 6. On the same day, India’s coal ministry’s top bureaucrat revealed that the country is expected...

China’s largest battery producer Contemporary Amperex Technology (CATL) [300750:CH] is in the final stages of setting up battery plants in the US, as reported by Reuters on May 6. According to two people familiar with the matter, CATL is in talks to build American factories...

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