News
ASEAN
June 01, 2022
South Asian apparel giant MAS switches two sites to 100% renewables
MAS Holdings, South Asia’s largest garment and textile manufacturer, announced this week that two of its production sites in Central Java, Indonesia, will become the company’s first manufacturing unit to run entirely on renewable energy.
June 01, 2022Bursa Malaysia, Verra team up to work on voluntary carbon market
In the hopes of establishing a voluntary carbon market (VCM) in Malaysia, the Bursa Malaysia Exchange has signed a memorandum of understanding (MoU) with Verra, an international carbon credit standards body.
May 27, 2022Southeast Asian wind energy market takes off with Philippines thriving
The Global Wind Energy Council (GWEC) has published a new report saying that the Philippines is one of the emerging wind power markets in Asia, with a solid pipeline and possibilities for wind power projects.
May 27, 2022Shizen Malaysia, Top Glove strike deal for 10-MW rooftop solar power
Japanese renewable energy developer, Shizen Energy, via its Malaysian subsidiary, has inked a second long-term power purchase agreement (PPA) with Malaysia’s Top Glove Corporation for a 10 MWp rooftop solar power array.
May 23, 2022Ocean-going tankers to trial ‘plug and play’ CO2 capture technology
Singapore-based Eastern Pacific Shipping has teamed up with Dutch maritime technology company Value Maritime to install carbon capture technology on two MR tankers, making them the largest ocean-going vessels equipped with the technology.
May 18, 2022Indonesia, PNG restrictions may stifle carbon credit market
With two major carbon credit exporters in the Asia-Pacific—Indonesia and Papua New Guinea—declaring to cut back on generation, the fast-growing market is now facing challenges.
May 12, 2022Micron announces goal to achieve net-zero emissions by 2050
Micron Technology, a key player in the semiconductor business, has announced on Wednesday its new greenhouse gas emission reduction targets in its annual sustainability report.
May 09, 2022Singapore carbon exchange to launch carbon offset futures trading
To meet the growing demand from businesses to hedge their risks from greenhouse gas emissions, AirCarbon, a Singaporean carbon exchange, is collaborating with Germany’s main bourse, Deutsche Boerse AG, to create futures trading for carbon offsets as early
April 26, 2022OCBC to launch tokenized carbon credits for hard-to-abate sectors
The Oversea-Chinese Banking (OCBC) and the Metaverse Green Exchange (MVGX), a Singapore-based green digital asset marketplace, announced on Monday that they are joining forces to take climate action.
April 19, 2022BlackRock expects 75% of its assets to be backed by science-based climate targets by 2030
BlackRock announced last week that by 2030, at least 75% of the corporate and sovereign assets it manages on behalf of clients will be in issuers with science-based targets for climate change.