The International Capital Market Association’s guidelines clarify how green and sustainability-linked bonds can credibly be used to finance projects to meet the Global Biodiversity Framework’s goals to halt and reverse nature loss by 2030.
In a bid to close the US$1.3 trillion climate finance gap without adding to global debt burden, governments from Asia, Africa and Europe are joining forces to issue shared guardrails for the corporate use of offsets by COP30.
The fast fashion giant’s recent efforts to boost its green credentials, including in making new sustainability hires, could be linked to its ambitions to go public, say experts.
Korea Electric Power Corporation has been accused of failing to disclose material climate-related risks, including its coal reliance until 2050 and exposure to volatile gas prices, in a US$11 billion bond listed on the Singapore Exchange. The bourse has acknowledged receipt of the complaint and will be reviewing it.
Five looming decisions in the development finance world could help to mitigate environmental and social risks of transition minerals, write Boston University researchers.
By
Julie Radomski and
Rebecca Ray
Even though the global economy depends on a stable climate and reliable ecosystem services, businesses and financial institutions are not required or incentivised to invest in nature. Central banks and supervisors could change that trajectory simply by fulfilling their financial-stability mandate.
By
Julie McCarthy
EB Studio
Amid fresh debates about what corporate purpose should be, there is mounting evidence that corporate purpose leads to stronger brand reputation, better talent attraction and more resilience, leading to improved financial performance.
EB Studio
Investors are starting to feel the effects of climate change in an unexpected place – their financial returns. There are now growing calls within the business community to improve the quality and coverage of climate risk disclosure.
Women play a key role in developing innovations to push for sustainability, but barriers remain to their entry into STEM careers. To celebrate International Day of Women & Girls in Science, EB Impact speaks to three women in science on making an impact and pursuing careers in STEM.
EB Studio
Palm oil frequently makes headlines, but the faceless workers harvesting the fruit of the oil palm less so. What are the challenges of the job and how can their rights be safeguarded?
Andrew Buay, vice president for group corporate sustainability at Singtel, tells the EB Podcast that CSOs should not be precious about losing part of their job as the function evolves.
Trump 2.0 may prove to be a "bump in the road" for climate action, but banks and investors in Asia see growth and opportunity in the region for decarbonisation as climate risks grow.
The climate non-profit's head Sherry Madera insists there are just 450 questions, not over 5,500 as some industry players have cited, in its new questionnaire, which has faced pushback for failing to ease disclosure burden as intended.
The Bangko Sentral ng Pilipinas assistant governor tells the Eco-Business Podcast about the regulator’s maiden sustainability report that features an empirical study of climate impacts on banks as well as the nation’s first taxonomy.