Author: 曲娜

02 Dec ISSB: IFRS Foundation’s Ambition towards Global Sustainability Reporting Baseline

發表於 14:00 作者曲娜

The IFRS Foundation, which is a not-for-profit and public interest organization well-known for its International Financial Reporting Standards (IFRS), announced three significant developments regarding sustainability-related reporting on November 3 at the COP26. Set up a new International Sustainability Standards Board (ISSB).Consolidate with the Value Reporting Foundation...

16 Nov Indonesia to Launch Rules for Carbon Trading Market Mechanism

發表於 11:33 作者曲娜

Indonesia has formed a new regulation, called the Economic Value of Carbon, to establish a carbon trading market mechanism, as reported by Reuters on November 15. The country’s environment ministry affirmed it, though the government has yet made the new regulation public. The carbon trading...

16 Nov Toyota to Develop Green Fuels for Traditional Cars with Four Japanese Peers

發表於 10:14 作者曲娜

Japanese automaker Toyota [7203:JP] claimed to collaborate with four domestic peers on the development of alternative green fuels for traditional cars with internal combustion engines, as reported by Reuters on November 13. The four other automobile companies are Mazda Motor [7261:JP], Subaru [7270:JP], Yamaha Motor...

10 Nov Australia’s Fortescue Metals to Supply Aviation Green Hydrogen to US Universal Hydrogen

發表於 15:36 作者曲娜

Australian iron ore mining company Fortescue Metals Group [FMG:AU] and US-based Universal Hydrogen, a company focusing on aviation decarbonization, have inked a preliminary agreement on green hydrogen supplies for the aviation industry, as reported by Reuters on November 10. According to the agreement, Fortescue will...

10 Nov Vector Green, Evergreen Power Collaborate on Developing 300MW Indian Wind Projects

發表於 11:29 作者曲娜

Independent power producer (IPP) Vector Green Energy and its US-based peer Evergreen Power signed a memorandum of understanding (MoU) to collaborate on greenfield development of about 300 megawatts (MW) of wind power projects in India, as reported by Economic Times on November 8. Prior to...

09 Nov BHP Offloads Shares in Australian Coal JV with Japan’s Mitsui for USD1.35bn

發表於 15:44 作者曲娜

International mining company BHP [BHP:US] has inked a deal to sell its 80% stake in a metallurgical coal joint venture (JV) with Japan’s Mitsui [8031:JP] to Australian coal company Stanmore Resources [SMR:AU] for at most USD1.35bn, as reported by Reuters on November 8. Mitsui will...

08 Nov Hyundai Oilbank, Denmark’s Haldor Topsoe to Jointly Develop Eco-Friendly E-fuels

發表於 17:23 作者曲娜

South Korean refiner Hyundai Oilbank and Denmark’s emission reduction technology developer Haldor Topsoe signed a memorandum of understanding (MoU) on November 4 to join efforts on next-generation eco-friendly synthetic fuel development, as reported by Korea Economic Daily on November 5. The two companies will collaborate...

04 Nov Cambodia Will Stop Building New Coal-Fired Power Plants

發表於 10:36 作者曲娜

Cambodia’s Minister of Mines and Energy Suy Sem stated that the country will not approve any new coal-fired power plants in addition to the existing ones in a meeting with the UK Ambassador Tina Redshaw before the UN COP26, as reported by Nikkei Asia on...

03 Nov Japan Pledges to Add USD10bn to Financing Asia’s Decarbonization at COP26

發表於 17:31 作者曲娜

Japan’s Prime Minister Fumio Kishida announced at the UN COP26 on November 2 that the country will provide up to USD10bn in additional supports for the decarbonization of Asian countries over the next five years, based on the previous USD60bn committed, as reported by Kyodo...

02 Nov South Korean Biodiesel Leader Daekyung O&T Faces Bids from Major Refiners

發表於 17:12 作者曲娜

South Korea’s private equity company STIC Investment plans to sell local leading biodiesel material maker Daekyung O&T, with BofA Securities as the underwriter, as reported by the Korean Economic Daily on October 29. South Korean major refiners like SK Innovation [096770:KS], S-Oil Corporation [010950:KS], and...

28 Oct Singapore to Purchase 4GW Low-Carbon Electricity by 2035

發表於 10:07 作者曲娜

Singapore’s Minister for Trade and Industry Gan Kim Yong at the opening of the 14th Singapore International Energy Week on October 25 said that the country plans to import low-carbon electricity to fulfill 30% of the country’s electricity needs by 2035, equivalent to up to...

27 Oct Foxconn Considers EV Investments in Indonesia with Preliminary Talks

發表於 14:34 作者曲娜

Foxconn [2354:TT] held preliminary talks with Indonesia regarding building an electric vehicle (EV) manufacturing factory in the country, as reported by Sina on October 25. Indonesia’s Investment Coordinating Board (BKPM) claimed that Foxconn planned to develop its EV and battery businesses in the country, while...

26 Oct Stellantis Partners with Samsung SDI to Set Up EV Battery JV in US

發表於 15:35 作者曲娜

Automaker Stellantis N.V. [STLA:US] and South Korean battery maker Samsung SDI [006400:KS] reached a preliminary agreement to set up a joint venture (JV) in the US to produce battery cells and modules for electric vehicles (EVs), as reported by Reuters on October 22. The two...

21 Oct Toyota Unveils USD3.4bn Battery Investment Plan in US with First Battery Factory

發表於 10:39 作者曲娜

Japanese automaker Toyota [7203:JP] announced to spend USD1.3bn on building its first battery manufacturing plant for the power of new energy vehicles (NEVs) in the US, as reported by Bloomberg on October 18. This is part of the Japanese company’s US battery investment plan, aiming...

20 Oct India to Announce New 2030 Climate Targets at COP26

發表於 17:15 作者曲娜

India is expected to update its climate targets, also known as nationally determined contributions (NDCs), under the Paris Agreement at the upcoming 2021 UN Climate Change Conference (COP26), opening on October 31, as reported by Economic Times on October 18. According to sources familiar with...