Balancing core financial performance and meeting ESG regulatory standards is becoming a fine line for corporates to walk, according to senior executives at Towngas and Kerry Logistics Network.
As the HKEX steps up climate reporting disclosures, there is insufficient reporting on Scope 3 emissions, carbon reduction targets and transition plans, according to research; a lack of resources in one of the key hurdles.
The five-year loan is the first SLL in Hong Kong’s public transportation sector with Science Based Targets initiative approved decarbonisation targets.
By embedding ESG principles into treasury, cash management and financing strategies, RGE has been awarded three accolades at the CorporateTreasurer Awards 2024: Best ESG Initiative, Excellence in Cash Management, and Leading Woman in Treasury.
Hong Kong eyes full alignment with the sustainability rules by 2028; despite progress in core disclosure, advanced metrics, such as climate risks, are a long way from their targets in Asia.
Precious Shipping Public Company is looking to substantially reduce emissions in a first for the Asean shipping sector, with the help of an arm of the Asian Development Bank.
They may have completely different functions, but the chief financial officer and the chief sustainability officer need to be in lockstep to drive sustainable transformation.
Signature platform, ESGpedia, now serves the Philippines’ listed community. Stacs’ managing director, Benjamin Soh, shared with CT how it will benefit the market’s MSMEs.