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Environmental

Environmental, Social and Governance

Brazil lobbies EU, China to join COP30 carbon market coalition

About 28% of global emissions are currently subject to a carbon price, and carbon markets raised roughly US$100 billion ($128.4 billion) in 2024, according to a recent report.
Half of Southeast Asian MSMEs plan to increase their ESG budgets by 2027: CIIP report - THE EDGE SINGAPORE

Environmental, Social and Governance

Half of Southeast Asian MSMEs plan to increase their ESG budgets by 2027: CIIP report

However, many MSMEs have cited high upfront costs as a deterrent, adds the report, which was launched on May 7.
DBS to offer financing and hedging solutions to help companies manage climate obligations under EU ETS - THE EDGE SINGAPORE

Environmental, Social and Governance

DBS to offer financing and hedging solutions to help companies manage climate obligations under EU ETS

The bank is the first Southeast Asian-headquartered bank to offer such solutions.

Sustainability

CapitaLand Investment’s refreshed 2030 sustainability master plan integrates 2050 net zero carbon emissions commitment

The refreshed plan includes a higher target for the use of renewable energy from 35% to 45% by 2030.

Environmental, Social and Governance

World Bank touts an ESG Bond it says is 'immune' to greenwashing

The proceeds of the five-year bond will be used to support the World Bank’s sustainable development activities globally.

Sustainability

DBS, OCBC, Singtel and UOB named Singapore's most valuable brands in the Sustainability Perceptions Index 2023

All four also scored the highest in the governance pillar among the ESG pillars.

Broker's Calls

Maybank lowers ST Engineering's TP, net profit forecasts amid rising interest rates

ST Engineering's TP is lowered to $4.20 from $4.50 previously as Maybank ups ST Engineering’s risk-free rate and cost of debt.

Broker's Calls

MINT's DPU should be supported by contributions from on-going redevelopment projects and AEI: Maybank Securities

Maybank Securities has kept its 'buy' call on MINT with an unchanged TP of $3.

Broker's Calls

Broker's Digest: Spotify, NetLink NBN Trust, TDCX, iX Biopharma, StarHub

See what the analysts have to say this week.
CDG, CDL, DBS, Keppel, Sembcorp in CGS-CIMB's ESG top picks list - THE EDGE SINGAPORE

Broker's Calls

CDG, CDL, DBS, Keppel, Sembcorp in CGS-CIMB's ESG top picks list

The way the analysts see it, ESG scores should not be sole driver of a company’s performance. Here's why.
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