FINN Partners Singapore’s Post

Harmonising #climateaction: How can Malaysia balance federal and state authority in its pursuit of #carbonneutrality? As #Malaysia strives to table a #climatechange bill to Parliament next year, concerns have surfaced in defining federal and state responsibilities, particularly regarding equitability and economic impact on smaller states. In response, the country’s ministry of natural resources and environmental sustainability has planned a three-month consultation process including state governments, local authorities, and civil society. Read more below. #Climate #Peace #Partnerships https://lnkd.in/g_iaRg5K

🌟 THE EU STRENGTHENS ITS COMMITMENT TO A SUSTAINABLE FUTURE🌟 The recently published European directive on the duty of vigilance marks a major turning point for large companies in Europe. 📜✨ Here’s what you need to know: 🔹 Human Rights: Protection of fundamental rights in all operations. 🔹 Environment: Reducing ecological footprint and preventing pollution. 🔹 Transparency: Detailed reporting on practices and results. As an engaged player in the green energy sector, we welcome this initiative that promotes responsible and sustainable conduct. 🌿💪 How does this impact you? Share your thoughts below! 👇 🔗 https://lnkd.in/e-4G3qEH #SustainableDevelopment #CSR #ClimateChange #HumanRights #CorporateResponsibility #Innovation

Your sustainability officer may find the below upcoming webinar by the Department of Enterprise, Trade and Employment valuable. See more details below 👇

🚨 New buzzword alert: "Transition-Washing" Succeeding "greenwashing" and "green hushing" - “Transition-Washing” has arrived as the latest term to describe misleading corporate sustainability claims. As companies worldwide pledge to transition to net zero, the gap between ambition and action is becoming increasingly apparent. Transition-washing is the new challenge they must tackle. UN Global Compact Network Singapore in collaboration with the Asia-Pacific Centre for Environmental Law (APCEL) at NUS has developed a guide to credible climate transition plans. Today, we launched the guide - Putting Words into (Climate) Action: Ushering in corporate transition plans. This event was part of Go Green SG. The comprehensive guide, authored by Sean Tseng and Carol Yuen provides companies with the tools to develop actionable and credible transition plans. It addresses the gap between climate pledges and real progress, offering practical advice and support for businesses of all sizes. Let's bridge the gap between rhetoric and action. Download the Climate Transition Guide here: https://lnkd.in/g82wgy7Z Veronica Lai Kenneth Ng Amita Chaudhury Karen Lee Yen Sen Chan Shanice S. NUS Faculty of Law Esther Chang, CFRE Bicky Bhangu Ping Soon Kok #GoGreenSG #climate #netzero #transitionplans 👁️🗨️

Did you know that 58% of companies in APAC disclosing through CDP have active emissions reduction targets? Gain insights into the region with the world’s fastest-growing economies by downloading our expert analysis of 8000 entities’ disclosure data in our new report created in collaboration with CDP “Forging Ahead: Trends in Environmental Disclosure in Asia-Pacific 2023.” Download now: https://lnkd.in/erqbPVFV #disclosures #sustainability #APAC #AsiaPacific #ACTonEmissions 

𝗘𝘂𝗿𝗼𝗽𝗲 𝗹𝗮𝗴𝘀 𝗳𝗮𝗿 𝗯𝗲𝗵𝗶𝗻𝗱 𝗶𝘁𝘀 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝗮𝗹 𝗴𝗼𝗮𝗹𝘀 – 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 by EcoPolitic An interim #analysis by the European Environment Agency has provided a disappointing assessment of progress toward achieving most of the #EU's #environmental goals. The  European Union 8th Environment Action Programme Monitoring #report on progress towards the 8th EAP #objectives 2023 edition contains skeptical forecasts for achieving these goals in the future, according to the Resource and Analysis Center "Society and Environment" on Facebook.  (the report #download link: https://lnkd.in/d5hGSfZZ) It is noted that the Agency prepared the report as part of the #monitoring of the #implementation of the 8th EU Environmental Action Program, which will run from May 2022 to 2030. It has six thematic #priorities: ✅ Achieving climate neutrality of the EU; ✅ Strengthening adaptation to climate change; ✅ Transition to renewable green growth (so-called decoupling), including circular economy; Implementation of the ambitious goal of zero pollution; ✅ Protection and preservation of biodiversity; ✅ Reducing the ecological footprint of production and consumption (energy, industry, buildings, transport, etc.). The message said that the #weakest progress was observed in achieving the #goals of increasing: 🔸 absorption of greenhouse gases by carbon sinks; 🔸 energy consumption; 🔸 reuse of materials; 🔸 of organic agriculture and consumption in general (ecological footprint of consumption). The report named among the #best results of progress: 🔹 development of the green products sector; 🔹 eco-innovations; 🔹 expenses for environmental purposes; 🔹 prevention of premature mortality from air pollution. The message added that the EU #environmentalaction program is the main long-term tool for holistic #planning of the bloc's environmental actions since 1973. Earlier, EcoPolitic wrote, that the International Energy Agency (IEA) has warned that the #commitments made at the COP28 UAE climate conference are not enough to limit #globalwarming to 1.5°C, even if they are fulfilled. As #EcoPolitic previously reported, the EU will allocate an additional €2.17 #billion from the #revenues from the greenhouse gas emissions (#GHGs) trading system (#EUETS) for #modernization of the #energysystems of 9 #memberstates. The article link: https://lnkd.in/dr-K4-sM

🌳⌛  The human right to a clean, healthy, and sustainable environment traces its roots back to the 1972 Stockholm Declaration which led to the creation of the United Nations Environment Programme (UNEP).  #UNEP has since then worked tirelessly to translate this global consensus into policy. What has been achieved? What are UNEP's next steps? In this article, UNEP's Deputy Executive Director, Elizabeth Mrema sheds lights on these fundamental questions. 👉 Read more here : https://lnkd.in/ezccAkQj

Green Diplomacy has a newly published article regarding the UN Environment Programme (UNEP), written by Elizabeth Mrema! The human right to a clean, healthy, and sustainable environment traces its roots back to the 1972 Stockholm Declaration which spurred the creation of the United Nations Environment Programme (UNEP). #UNEP has since then worked tirelessly to translate this global consensus into policy. What has been achieved? What are UNEP's next steps? In this article, UNEP's Deputy Executive Director, Elizabeth Mrema sheds lights on these fundamental questions. Read more here: https://lnkd.in/ezccAkQj

On the Emissions Levy, I represented the Institute of Climate and Environmental Governance - Iceg Africa on Citi TV to express our position on the matter. While the levy is a good initiative towards achieving a sustainable environment, we believe there should be deliberate efforts in managing proceeds generated. NB: This is just an excerpt. Visit https://lnkd.in/dT6DBJSd for the full conversation. #sustainability #climatechange #climateaction #emissionsreduction #cleanenergytransition #energytransition

Just last week, we shared our thoughts on what we hoped to see in Budget 2025. Now, it looks like things are moving in a great direction! Nik Nazmi Nik Ahmad, the Minister of Natural Resources and Environmental Sustainability, has made a bold push to empower the Department of Environment (DOE) to be even more effective in tackling pollution. The DOE might soon get to keep some of the fines it collects, giving them more funds to boost their operations. This could help them improve enforcement and tackle urgent environmental issues more effectively. We're happy to see that stronger policies and actions around sustainability are being considered. Looks like Budget 2025 might bring the sustainability boost we’ve all been hoping for. 👏 Let’s keep the momentum going guys!  Now is the time to explore how your business can contribute—whether through carbon credits, biodiversity projects, or renewable energy investments. Let’s stay proactive and be part of this green revolution. Read the news here: https://lnkd.in/gKXgFREm #Budget2025 #Sustainability #DOE #Malaysia #ESG #SustainabilityDevelopment #Biodiversity #CarbonCredits