Despite mounting international pressure and risks of deforestation linked to Indonesia’s palm oil industry, only 22% of Indonesia’s palm oil companies have implemented deforestation policies
Ageing coal-fired power is increasingly replaced by renewable energy generation in the US and Europe. However, transitioning away from thermal coal will be complex and slow for Asian nations, particularly India and China, which make up 70% of global coal demand and face a steep rise in power demand.
The latest report from trade body the Association for Financial Markets in Europe (AFME) shows a quarterly increase of ESG bond and loan issuance, but year-on-year volume is on the decline due mainly to the impacts of the Ukraine crisis.
Sustainability within the supply chain, and within the tech sector is increasing in visibility. Recognition of the importance of technology in achieving sustainability goals is going hand in hand with sustainability action by the tech companies.
China continues to dominate the global electric vehicle (EV) market, which was up over 60% in the first half of 2022.
In the inaugural publication of its ESG ratings, Sustainable Fitch (SF) highlights an important gap between the frameworks to which issuers align their bonds and that of the underlying entity itself.