06/08/2024
A recent KPMG study reveals that most companies lack the policies, skills, and systems needed for ESG data assurance. Pamela Fan, Partner, KPMG ESG, Singapore sheds light on this trend. https://bit.ly/4ddByo8
ESGBusiness is the industry portal serving the globe's dynamic ESG industry.
Each section carries a balanced mix of articles that appeal to the C-level executives of large stakeholders, investors, brokers, and ESG institutions. With exclusive interviews, special reports, commentaries and analyses, and press releases, the publication offers a multitude of informed perspectives and insights from the top ESG business leaders and decision-makers. ESGBusiness is also a part of
the media company, "Charlton Media Group," a leading B2B publication and events company with titles such as Asian Banking & Finance, Insurance Asia, and Healthcare Asia.
01/07/2024
Sixty-nine per cent of CEOs say sustainability is their top growth driver this year. Kristin Moyer, Distinguished VP Analyst at Gartner tackles this trend. https://bit.ly/4cLhetB
18/06/2024
Businesses play a critical role in fostering positive environmental and social change, and the ESGBusiness Awards 2024 celebrate this leadership in ESG practices.
Nominate your company for a chance to be recognised, network with fellow sustainability champions, and gain wider recognition for your achievements.
The nomination window closes on 9 August 2024. To learn more, visit: https://bit.ly/3RuOGMM
Don’t miss this chance to showcase your leadership in ESG practices.
23/05/2024
Many APAC businesses struggle to reach net zero by 2030, as revealed by a Kearney survey. Kearney Partner Chui Lee, expounds on the survey results. https://bit.ly/3WPDcHe
17/05/2024
Around 90% of farmers are aware of sustainable farming practices.
Around 90% of farmers in the US reported awareness of sustainable farming practices, but implementation is kept within a small share of their acreage.
17/05/2024
The ROI, however, depends on a combination of factors such as crop yield, and prices.
The adoption of sustainable farming practices is highly correlated with a farmer’s perceived return on investment, McKinsey reported.
13/05/2024
It can be nearly as high as the cost of people actually resigning, McKinsey.
The cost of quiet quitting in the UK can add up to around 4% of the wage bill for an average large corporation, McKinsey estimated.
13/05/2024
Lowest-priced garments are discarded after only seven wears.
For every five garments produced, three end up in a landfill or are incinerated annually, McKinsey reported.
06/05/2024
Addressing 6 key factors for disengagement could save firms about $56m.
Companies lose some $90m in productivity annually due to employee disengagement, McKinsey estimated.
06/05/2024
An Institute for Energy Economics and Financial Analysis report poses the question on whether companies should stick with CCUS or shift to evolving alternatives.
An Institute for Energy Economics and Financial Analysis report poses the question on whether companies should stick with CCUS or shift to evolving alternatives
02/05/2024
This is the funding needed to increase capacity to 1,200GW.
Trillions of dollars worth of investment are needed to increase global nuclear capacity to 1,200 gigawatts (GW), Bain & Company estimated.
25/04/2024
Customers of ZALORA who shop for sustainable products are increasing year by year.
Customers of ZALORA who shop for sustainable products are increasing year by year.
22/04/2024
More than half are concerned about the more frequent and intense weather events.
More than 53.4% of Southeast Asians are concerned about more frequent and intense weather events, a report revealed.
22/04/2024
Around 40% even saw their emissions increase, McKinsey reported.
About two-thirds of fashion brands are lagging in meeting their decarbonisation goals, McKinsey reported.
19/04/2024
Firms face challenges bridging the gap between high sustainability ambitions and practical ex*****on.
In the APAC region, about 40% of firms use a regenerative approach with sustainability.
08/04/2024
Only 37% of brands are on track to reach their 2030 targets
With only 37% of brands on track to reach their 2030 targets, McKinsey identified six ways fashion brands can accelerate their decarbonisation goals.
01/04/2024
The robotics industry is projected to hit $218b by 2030.
The robotics industry is projected to grow to $218b in 2030, which will help the agriculture sector in addressing climate change and labor shortages.
01/04/2024
The share of green deals have increased both in value and in volume.
The share of green M&A deals valued at over $100m has increased by 66% in 2023, McKinsey reported.
01/04/2024
McKinsey identified six modifiable drivers of health in the workplace.
Enhancing employee health and well-being can translate to $3.7t-11.7t in economic value, McKinsey estimated.
18/03/2024
Japan reconsiders nuclear power, while China and India expand rooftop solar.
Markets in Asia Pacific are looking at nuclear power and rooftop solar systems to achieve their climate targets, GlobalData reported.
14/03/2024
Although COP28 secured significant commitments, the shift from policy to practical actions remains slow, says, Charlie Knaggs, APAC Regional Partner for Decarbonisation at ERM. https://bitly.ws/3fIQv
12/03/2024
Funding for projects peaked in 2022, GlobalData noted.
Venture capital funding for decarbonisation projects dropped by roughly 90% in 2023 after peaking in 2022, GlobalData reported.
11/03/2024
But, it is not a silver bullet to energy transition.
Whilst hydrogen is “not a silver bullet,” it will play a major role in attaining net-zero goals, Herbert Smith Freehills reported.
11/03/2024
The program provides up to a $3/kg hydrogen production tax credit.
The proposed US federal tax credit program on hydrogen production may pose a challenge to the potential market growth of green hydrogen projects.
04/03/2024
Only two of 50 firms plan to comply with the minimum requirements of ESG reporting.
Most businesses have high ambitions in ESG which some perceive as a strategic issue embedded in core business and strategy, KPMG reported.
29/02/2024
In 2023, Indonesia’s PLN decreased its ESG risk rating by 8 points, reduced greenhouse gas emissions by 9.7m tonnes, and added 296mW of renewable energy.
In 2023, Indonesia’s PLN decreased its ESG risk rating by 8 points, reduced greenhouse gas emissions by 9.7m tonnes, and added 296mW of renewable energy.
15/02/2024
A significant correlation has been found between the proportion of safely treated water and the structure of the labour force in various income brackets. Souleima El Achkar Hilal, Labour Market Information Specialist and Consultant at the International Labour Organisation discusses this finding in this video: https://bit.ly/3wqxP64
14/02/2024
More CEOs in the Asia Pacific have become aware of the need to help address climate concerns.
Around 68% of Asia Pacific CEOs have actively enhanced their energy efficiency to address climate change, PwC found.
14/02/2024
Major companies responsible for 2-3% of global emissions are more engaged in tackling climate concerns.
Tech-enabled ESG initiatives have become the global benchmark that will continue to shape the future of sustainability, GlobalData reported.
13/02/2024
This data is based on job postings from around 8,000 recruiters.
More than 25,000 job postings for ESG roles were reported in every quarter since 2022, GlobalData reported.
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Videos
ESG x KPMG: Most companies still not ready for ESG data assurance
A recent KPMG study reveals that most companies lack the policies, skills, and systems needed for ESG data assurance. Pamela Fan, Partner, KPMG ESG, Singapore sheds light on this trend. https://bit.ly/4ddByo8
ESG x Gartner: CEOs view sustainability as key growth driver in 2024
Sixty-nine per cent of CEOs say sustainability is their top growth driver this year. Kristin Moyer, Distinguished VP Analyst at Gartner tackles this trend. https://bit.ly/4cLhetB
ESG x Kearney: APAC businesses struggle to reach net zero amidst climate threats
Many APAC businesses struggle to reach net zero by 2030, as revealed by a Kearney survey. Kearney Partner Chui Lee, expounds on the survey results. https://bit.ly/3WPDcHe
ESG x ERM: Decarbonisation pushed harder by companies, stakeholders
Although COP28 secured significant commitments, the shift from policy to practical actions remains slow, says, Charlie Knaggs, APAC Regional Partner for Decarbonisation at ERM. https://bitly.ws/3fIQv
A significant correlation has been found between the proportion of safely treated water and the structure of the labour force in various income brackets. Souleima El Achkar Hilal, Labour Market Information Specialist and Consultant at the International Labour Organisation discusses this finding in this video: https://bit.ly/3wqxP64
ESG x International Labour Organization Bangkok: Social protection benefits accessed by only 44.1% in Southeast Asia
In Southeast Asia, only 44.1% of the population has access to at least one social protection benefit. Markus Ruck, Social Protection Specialist at the International Labour Organization Bangkok, stressed the importance of inclusive digitalization strategies. Watch the full video here: https://bit.ly/42pFcqJ
The gap between emotional climate change communication and a lack of broad scientific understanding has led to a low level of climate literacy among the general population, according to a survey by Allianz SE. Watch the full video to know more: https://bit.ly/4acqBSU
ESG x PwC: Business culture essential in ESG integration
Integrating ESG considerations into business models requires addressing challenges in corporate culture, according to Tim Edmunds, Partner in Strategy and Transformation Sustainability at PwC. Join in the conversation by watching the full video: https://bit.ly/3uDhV7B
ESG x Environmental Analyst: ESG firms urged to boost efforts for lower carbon footprint
Environmental companies are urged to intensify their efforts to reduce carbon footprints in the face of increasing demand for ESG ratings. Watch the video to learn more: bit.ly/3RTh10o
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