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ONE of the world’s largest financiers of fossil fuels just bought a company that oversees 1.7 million acres of forest in the United States, Chile and New Zealand. Is that enough to make it green? The rest of Wall Street may hope so, but the reality is uncertain.
KUALA LUMPUR: Moody's Investors Service has affirmed the Baa2 issuer rating of Axiata Group Bhd which recently announced the proposed merger of its Malaysian operations with Norwegian telecom company, Telenor ASA.
SINGAPORE (The Straits Times/ANN): Passengers flying on Singapore Airlines (SIA) or low-cost carrier Scoot from Friday (June 25) will be able to offset their share of the flight's carbon emissions by contributing to environmental projects in Indonesia, India, and Nepal.
LONDON: Europe’s biggest airlines are seeking to deflect moves to tighten carbon curbs by favouring an increasingly discredited offsetting programme, according to climate watchdog InfluenceMap.
THE growth in demand to invest in companies with strong environmental, social and governance (ESG) profile has gained pace as policymakers around the world drive a low-carbon economic transition to combat climate change.
Australia's economy extended its rapid recovery in the first quarter as consumers and businesses spent with abandon, lifting output back above where it was last year when pandemic lockdowns tipped the country into recession.
Agriculture giant Cargill Inc will start selling methane-absorbing wearable devices for cows, putting its support behind an experimental technology that could help the industry cut greenhouse gas emissions.
Tech giants are looking to Singapore's carbon offset trading platform to achieve their ambitions of being carbon neutral.
TOKYO: Oil rose on Wednesday as worries about an increase in supplies from Iran were offset by optimism about improving U.S. fuel demand that was reinforced by a drop in weekly inventory estimates.