Archive

ASEAN taxonomy update details coal phase out

The ASEAN Taxonomy Board has included the early phase out of coal assets as a green or amber activity in the second version of its taxonomy - in what it claims is a first in any regional taxonomy.

Unclear reporting standards proving difficult for SMEs, says DBS

Unclear sustainability reporting standards are proving to be a difficulty for small and medium-sized enterprises (SMEs), and stunting their ability to demonstrate success to investors, says DBS.

Brookfield-led consortium to acquire Australian power generator

A consortium of Brookfield Renewable Partners, GIC, Temasek and MidOcean Energy, have agreed to acquire Australia's largest integrated power generator, Origin Energy, for AUD18.7 billion ($12.4 billion).

Australian investors call for energy transition authority

Traffic-light system recommended for Australia's taxonomy

The Australian Sustainable Finance Institute (ASFI), the investor organisation leading the development of Australia's taxonomy, has published its final recommendations for a transition-based taxonomy.

Asian investors have woken up to climate risks, says Robeco

Transition and physical risks are being assessed more by investors in Asia Pacific than any other region, Robeco has said.

MAS urges insurers to help high emitters decarbonise

The Monetary Authority of Singapore (MAS) has called for insurers to steer companies in the emissions intensive Asia-Pacific region towards more sustainable practices, as an executive warned insurers of high exposure to climate transition risks.

Australia's biggest superfunds accused of greenwashing

Australia's biggest superfunds have been accused of greenwashing by campaign group Market Forces, for failing to engage effectively with high emitters.

Mirova raises $171m for emerging markets energy transition fund

Mirova has raised $171 million in the first close of its clean energy transition fund which will invest in emerging markets across Africa and the Asia-Pacific region.

Australian industry drowning under sustainability requirements, says Fiona Reynolds

Companies and institutional investors in Australia are "drowning" in a flood of new sustainability requirements, ex-Principles for Responsible Investment (PRI) head Fiona Reynolds has said.