British Airways Signs SAF Deal with EcoCeres to Cut 400,000 Tons of CO₂ Emissions
400,000 tonnes CO₂ saved: The SAF deal is projected to eliminate emissions equal to 240,000 round-trip flights between London and New York. 80% lifecycle carbon reduction: EcoCeres’ SAF, derived from 100% waste-based feedstock, slashes emissions compared to conventional jet fuel. Supports BA’s net-zero goals: The agreement advances British Airways’ target of 10% SAF by 2030 […]
EU, EIB Unveil €5 Billion Flexible Guarantee to Unlock Global Green and SME Investments
€5B Guarantee Aims to Unlock €10B: New mechanism will de-risk projects in clean energy, infrastructure, and SME financing outside the EU. Broader Eligibility: For the first time, support extends to non-state-backed entities, speeding up funding deployment. Geopolitical Reach: Investments target North Africa, Middle East, Eastern Neighbourhood, Central Asia, and Latin America under the Global Gateway […]
ESG News Week In Review: 23 June – 29 June
This week’s ESG headlines reveal a global acceleration in carbon credit adoption, clean energy investments, and sustainability disclosure reforms. As Microsoft, JPMorganChase, and ByteDance ink multi-million-ton carbon removal deals, governments in Singapore, the UK, and EU reshape climate finance policy and reporting frameworks. Meanwhile, bold private sector moves—from Eni’s $2.3B renewables divestment to Meta’s 800 […]
DBS, OCBC, and UOB Launch First Report on Nature-Related Financial Risks
Pioneering Framework: DBS, OCBC, and UOB, in partnership with CISL, release an industry-first study to assess nature-related financial risks, focusing on the food and agriculture sector. Strategic Sector Focus: The study highlights palm oil as a pilot case to evaluate biodiversity loss, droughts, and ecosystem degradation impacts on credit risk. Call to Action: Findings underscore […]
Singapore Calls for Deadline Extension on ISSB Climate Reporting for Smaller Listed Firms
Extension Requested: SBF urges a 1–2 year delay for smaller SGX-listed firms to comply with ISSB climate disclosure standards. Low Readiness: Only 4% of firms surveyed feel prepared for the 2025 deadline, citing lack of resources and systems. Supportive Measures Proposed: SBF calls for proportional standards, tailored guidance, and a centralised data platform. The Singapore […]
