Sustainable work conditions as important as sustainable growth: MAS chief

SINGAPORE – The concept of sustainability goes beyond climate change and runs through the whole gamut of policies that ensure economic stability, said the managing director of the Monetary Authority of Singapore. Speaking at a virtual conference on Wednesday, Mr Ravi Menon said sustainable use of resources is key to reversing the negative impacts of […]

Hitachi Publishes “Hitachi Integrated Report 2022” and “Hitachi Sustainability Report 2022”

TOKYO, Sep 16, 2022 – (JCN Newswire via SEAPRWire.com) – Hitachi, Ltd. (TSE: 6501) has published “Hitachi Integrated Report 2022” and “Hitachi Sustainability Report 2022” as communication tools for stakeholders. 6 material topics,15 sub-material topics and targets Hitachi considers the Integrated Report as a tool to mainly disclose Hitachi’s value creation story. The “Hitachi Integrated […]

EU green finance advisers walk out in protest

LONDON – Five non-profit civil society groups helping the European Commission craft a list of climate-friendly activities have resigned and claimed the European Union’s executive arm “interfered politically” in the advisers’ work. Part of the Platform on Sustainable Finance, the advisers were asked to help develop the rules that would define what the EU labelled as […]

Temasek, HSBC launch infrastructure debt financing firm with initial $209m

SINGAPORE (THE BUSINESS TIMES) – Temasek Holdings and HSBC Holdings have officially launched their sustainable infrastructure debt financing company, Pentagreen Capital. The partnership, first announced in September 2021, will start with US$150 million (S$209 million) of capital jointly committed by Temasek and HSBC, with the goal of making US$1 billion of loans within the next […]

How investors can play a key role in the global transition to a net-zero future

Heat waves in cities across North America and Europe; raging wildfires in California and the Mediterranean; deadly floods in parts of Australia, China and India. Such extreme climate events have become more common in recent years, yet the road to net-zero carbon emission is now more challenging than ever.  The World Meteorological Organization said in […]

How asset managers can help ensure accountability for sustainable investing

Sustainable investing has faced some roadblocks over the past year. Part of this has to do with rising concerns about greenwashing, or the act of leading consumers and stakeholders into believing that a company’s practices, products or services are more environmentally friendly than they really are.  For investors looking to do good with their money […]

Hitachi, Ltd. and Hitachi Energy are rising to the challenge of advancing a sustainable energy future for all

TOKYO and ZURICH, Aug 25, 2022 – (JCN Newswire via SEAPRWire.com) – Hitachi, Ltd. (TSE: 6501) and Hitachi Energy are proud to share a preview of the advanced technologies and experiences at CIGRE Session 2022, a major global event for power systems, taking place in Paris from August 28 to September 2, 2022. A major […]

Listed firms to disclose climate-related risks: Key MAS initiatives to boost sustainable finance

SINGAPORE – The Monetary Authority of Singapore (MAS) unveiled its sustainability report for this year on Thursday (July 28) and also announced new initiatives to help support transition finance as the world shifts towards a greener future. Here are some key measures: – Listed companies will be required from 2023 to disclose their climate-related risks, […]

Yang Xiaosong of Southern Asset Management: Full support is rendered to the third pillar construction for sustainable pension development

New York, NY, July 20, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Pension secures material needs for people in their old age and is the wealth foundation for the sustainable development of our society. China is turning into an aging society and facing the challenges of “getting old before getting rich” and “getting old before getting […]

Technology Pioneers Mitsubishi Heavy Industries and Boeing Partner on Innovative Climate Change Solutions

FARNBOROUGH, United Kingdom, Jul 20, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries, Ltd (MHI) and Boeing [NYSE: B.A.] announced they will build on their decades-long partnership and collaborate on achieving the world’s ambitious climate targets. The memorandum of understanding (MOU) is focused on jointly studying enabling sustainable technologies – including hydrogen, electrification, […]

5ire raises USD 100 million in Series A Funding at valuation USD 1.5 billion, turns unicorn

5ire has received funding from UK-based conglomerate SRAM & MRAM to become the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world. Brainchild of India-origin founders, Pratik Gauri and Prateek Dwivedi London, UK, July 17, 2022 – (SEAPRWire) – 5ire, a fifth generation level 1 blockchain network and the world’s first and […]

Energy transition collaboration to tackle global warming: Pertamina

JAKARTA, Jul 15, 2022 – (ACN Newswire via SEAPRWire.com) – Indonesia’s oil and gas state-owned enterprise PT Pertamina has encouraged collaboration between countries for energy transition in order to tackle global warming. Pertamina President Director Nicke Widyawati (middle) in a B20 dialogue themed “Sustainable Finance for Climate Transition” held in Bali on Thursday, July 14, […]

AIBP: How Technology Contributes to Economical Gaps in Southeast Asia

Singapore, Jul 13, 2022 – (ACN Newswire via SEAPRWire.com) – Nearly half of ASEAN based respondents perceived legacy IT infrastructure and systems to be a challenge to digital transformation (DX) and innovation projects within their own company, according to a survey conducted by AIBP in 2021. The survey counted 206 professionals in the public services […]

How Technology Contributes to Economical Gaps in Southeast Asia

Singapore, Jul 4, 2022 – (ACN Newswire via SEAPRWire.com) – cThe survey counted 206 professionals in the public services sector across the largest economies in Southeast Asia: Indonesia, Malaysia, Thailand, Philippines & Vietnam. The same survey showed that 60.6% of respondents believe that business intelligence software is the DX solution that brings the largest benefits […]

B20 task force highlights recommendations to support net zero-carbon

JAKARTA, Jun 23, 2022 – (ACN Newswire via SEAPRWire.com) – The B20 Energy, Sustainability & Climate Task Force, led by state-owned oil giant Pertamina Group, put forth three recommendations to support realization of the target of net-zero carbon emissions. The B20 Energy, Sustainability & Climate (ESC) Task Force held entitled the third Task Force Call […]

Increasing demand for sustainable products and services in S’pore attracts entrepreneurs

SINGAPORE – Food-based entrepreneurs and start-ups are sprouting up all over Singapore as the demand for sustainable products and services goes into overdrive. While this demand is underpinning the eco-food trend, the extended time people spent grounded in Singapore during the pandemic also prompted some to tackle environmental issues, said Ms Rosalind Bazany, head of […]