The textiles and garments company, which supplies global brands such as Adidas, Uniqlo and The North Face, is only the second Indonesian firm to get its decarbonisation plan rubber-stamped by the Science Based Targets initiative.
A global survey finds that while Asian investors are highly concerned about climate risk, only one in five diligently look at Scope 3 emissions – which typically make up the bulk of a company’s emissions – when sizing up investments.
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A growing number of financial regulators worldwide are mandating that large and listed companies publish detailed sustainability reports annually. Embedding ESG into corporate culture and products is ultimately good for business, experts say.
The UN-backed net-zero target validator started removing firms with commitments that did not make the grade early last year. Of 173 companies dropped from its list, Eco-Business found that 49 were based in Asia Pacific. Why is it so hard for firms to get science-based targets approved?
Linking remuneration to a company’s climate-related goals is an important catalyst for corporate climate action. There are different factors that companies need to consider to implement effective climate-linked incentive schemes.
作者
Shai Ganu