Asia and Australia target greenwashing as companies risk penalties

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 71%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Pressure is growing in the region for companies to be more honest in their climate and ESG claims. Read more at straitstimes.com.

HONG KONG - Having pressured South Korean oil giant SK E&S into retracting claims it would produce carbon-free gas, ex-fossil fuel lawyer turned climate advocate Jihyeon Ha now wants tougher action against corporates in a greenwashing crackdown in Asia-Pacific.

“Massive gas projects will have serious, irreversible impacts on the climate, contrary to their ‘CO2-free’ claims,” 35-year-old Ha said in an interview. Globally, greenwashing is in the spotlight, with United Nations experts issuing a warning at last year’s COP27 climate summit about its prevalence, and new standards on environmental, social and governance credentials currently under consideration by an international body.

Despite growing global momentum to curb greenwashing, financial and green analysts say the fact there are several ESG and sustainability standards mean that even defining the problem, let alone finding consensus on it, is difficult. A Mercer spokesperson said it has cooperated with the ASIC but could not comment further because of the court action.

And ESG experts say more governments in Asia-Pacific - the world’s fastest-growing region and top consumer of fossil fuels - ranging from Hong Kong to India are implementing or working on sustainability, transparency, and anti-greenwashing regulations.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 4. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

straits_times Climate change is another financial scheme to fight the elements!

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Asia stocks on edge for earnings, China dataSYDNEY : Asian stocks opened cautiously on Monday as U.S. earnings season gets into full swing, while a raft of Chinese data will offer insight into how the world's second-largest economy is recovering.Markets have also seen a mood shift on the outlook for U.S. interest rates, with futures implying an 80
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »

Great shortfall of China: Australia's biggest tourism market returns with a whimperSYDNEY: When China ended a lengthy border closure in January, e-commerce marketer Tianni Ren immediately began planning a team building trip for her 14 staff to Australia, hoping to see its stunning pink salt lakes that had captivated her on social media. But instead she took her colleagues from the city o In any case, why visit a hostile nation?
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »

Great shortfall of China: Australia's biggest tourism market returns with a whimperVisa rules, a lack of flights and an exodus of Mandarin-speaking guides have affected Chinese tourists arrivals. Read more at straitstimes.com. In any case, why visit a hostile nation?
مصدر: STForeignDesk - 🏆 4. / 71 اقرأ أكثر »