Bank of America, Citigroup, Morgan Stanley latest to exit Net-Zero Banking Alliance; a shift away from climate commitments.
The report, created in collaboration with Boston Consulting Group (BCG), highlights the staggering annual cost of climate-related damages—estimated at $560–610 billion globally.
From June 2026, all clean energy projects in India must use solar modules made with locally-produced cells.
According to an analysis by Greenly, TikTok’s annual emissions in 2023 could outpace those of Greece, with the platform generating an estimated 50 million metric tons of carbon dioxide equivalent (CO2e) globally.
Extreme weather reached dangerous new heights in 2024. This year, Singapore had 122 more dangerous heat days due to climate change.
As the sole new entrant from Singapore this year, Sembcorp joins the ranks of CapitaLand Investment, ComfortDelGro, Keppel, ST Engineering, and Wilmar International, shining a spotlight on Singapore’s corporate commitment to environmental, social, and governance (ESG) excellence.
The study developed an Energy Transition Readiness Index using 14 variables grouped into three key indicators: clean energy initiatives, economic resilience, and governance capacity.
The agreement will see TNB export 300 megawatts (MW) of renewable energy to Singapore, with the first phase—50 MW—beginning this month.
Goldman Sachs has left the Net Zero Banking Alliance (NZBA), a major climate group for banks, amid increasingly complex regulations.