UN Global Compact Network Singapore Appoints David Fogarty as Executive Director
David Fogarty leaves CBRE after 14 years, including three years heading Asia’s sustainability team. Brings over 20 years’ experience in ESG, net zero planning, and corporate transformation. Will oversee flagship initiatives including UNGCNS Summit, LowCarbonSG, and Singapore Apex Corporate Sustainability Awards. David Fogarty has been appointed Executive Director of the UN Global Compact Network Singapore […]
FCA Highlights Progress and Challenges in Sustainability-Linked Loan Market
FCA says UK’s sustainability-linked loan (SLL) market has matured since 2023, with more relevant and ambitious sustainability targets and stronger governance. Banks increasingly willing to declassify poorly structured SLLs, raising overall market integrity. Scaling the market—especially for SMEs—remains difficult due to high reporting costs, assurance requirements, and large loan size thresholds. The UK’s Financial Conduct […]
SBTi Reports 227% Rise in Firms Setting Near- and Long-Term Climate Targets
Businesses setting both near-term and net-zero science-based targets more than tripled in 18 months. Asia recorded 134% growth in companies with validated targets, with China alone up 228%. Industrials, Consumer Discretionary, and Materials sectors dominate adoption rates globally. The Science-Based Targets initiative (SBTi) reports a sharp rise in corporate climate ambition, with the number of […]
