Insights
Latest industry insights, regulatory updates, and professional knowledge.
blogAsia Sustainability and ESG Summit
KMUTT KX KNOWLEDGE EXCHANGE, BANGKOK AUG 17-19, 2023
9/8/2023
articleThe importance of Scope 3 emissions and human rights in upstream supply chains
The increase in ESG prioritisation among companies and those responsible for the supply chain comes as companies globally face increasing regulatory and stakeholder pressure to manage and report on a variety of sustainability factors, according to a new survey by global professional services firm Deloitte, up from ...
17/7/2023
articleInsetting vs Offsetting?
Carbon insetting brings the carbon reduction process in-house rather than buying carbon credits from unrelated third parties. Companies invest in carbon reduction or removal projects along their own supply chains. Whilst carbon offsetting has been in the mainstream for a lot longer, a new report from New ...
14/7/2023
articleThe Perils of Greenwashing
The risk of an accusation of “greenwashing” is now an important concern for many companies globally. Whilst still ill-defined, “Greenwashing” is increasingly a source of litigation, reputational destruction and regulatory scrutiny – with more expected. Tackling greenwashing to ensure market integrity and consumer and investor ...
10/7/2023
articleTransition Financing in Asia – mobilizing capital to achieve net-zero
Emerging and developing countries in the Asia-Pacific region are facing difficulties in accessing capital to finance their green transition even as their financing needs grow. Climate change looms over the Asia-Pacific region. Of the nine countries worldwide facing the highest climate risks, five are in ...
5/7/2023
articleWill the new ISSB Standards be the driver for change that we need?
The International Sustainability Standards Board (ISSB) was set up to enable the move towards aligned global action on what companies report in late 2021, to combat the fear that transforming enthusiasm into impactful action on climate change was getting bogged down in bureaucracy and red tape. This ...
3/7/2023
articleValue creation by aligning ESG, ERM and TPRM
One of the most talked about business challenges in recent times is environmental, social, and governance (ESG) practices. As more companies are being held accountable for their ESG performance by investors, consumers, communities, and regulators, the demand for greater transparency and accountability is increasing. Known ...
27/6/2023
articleThe growing focus on supply chain sustainability
In an EcoVadis June 15 report involving more than 62,000 companies across 159 countries, sustainability performance at companies across all geographic regions, sectors and sizes has improved over the past few years. Examining 4 core themes including Environment, Labor & Human Rights, Ethics, and Sustainable Procurement, with size ...
23/6/2023
articleManaging ESG Risk in the Supply Chain
From the largest global companies to smaller family-run businesses, managing risk in the supply chain is complicated by the number of trading partners and the dynamic nature of supply chain relationships. ESG supply chain risks are changing how businesses operate, driven by customers, investors, and ...
20/6/2023
articleAre Hong Kong’s dietary habits falling behind in the race against Climate Change?
Hong Kong imports over 90% of the total food supply annually, according to the Hong Kong Government, yet the government’s climate action plan to achieve net-zero emissions by 2050 with no mention of the city’s food sector. Globally, food accounts for nearly a third of human-caused ...
16/6/2023
articleWill the steady increase in TCFD disclosures continue in Asia?
The Task Force on Climate-related Financial Disclosures (TCFD), established by the Financial Stability Board (FSB) established following its recommendations in 2017, reported in October 2022 that progress is continuing to be made globally, but Asia is still lagging behind. The Task Force reviewed publicly available reports of ...
13/6/2023
articleAscent Partners welcomes Sean Kidney, CEO of Climate Bonds Initiative, to an exclusive lunch in Hong Kong to discuss Sustainability
We were delighted to welcome Sean from the Climate Bonds Initiative to an informal lunch to chat with our clients and colleagues about the battle for sustainability in the region and globally. In a wide-ranging discussion, Sean highlighted several key points that need to be addressed and ...
9/6/2023