All articles by Adrian Murdoch
Adrian Murdoch
AB InBev and Ørsted on tackling Scope 3 emissions
Companies have been slow to address the huge challenge of reducing Scope 3 emissions. But some, such as Danish power company Ørsted, are recognising the business benefits of imposing sustainability requirements on their suppliers.
HDFC’s $1.1bn deal: An Indian oasis in the social loan desert
Indian financial group HDFC has signed the world’s largest social loan to help provide affordable housing. An encouraging sign, perhaps, but there are doubts it will presage a flood of such transactions just yet.
Germany’s top brands failing to report Scope 3 emissions
Although fund managers will have to report on Scope 3 portfolio emissions from next year, German corporates have been slow to get into gear.
Why Singapore’s financial watchdog is backing transition finance
The Monetary Authority of Singapore is calling on the financial sector to provide funding for the low-carbon transition, raising the question of whether such support will kick-start the transition bond market there. Capital Monitor spoke to MAS chief sustainability officer Darian McBain.
SGX’s green bond disclosure regime faces concerns over metrics
Singapore Exchange is the leader in green and sustainable bond listings in Asia and is also setting the pace for regional rivals on corporate disclosure criteria. But it faces criticism of the voluntary reporting metrics it has chosen.
Scope 3: Emerson Electric sets engineering sector pace
The US equipment maker has ambitious net zero targets, including a 25% cut in Scope 3 emissions by 2030. It is also reporting in more detail on these points than its rivals, despite strong pushback against US climate disclosure rules and more widely against ESG.
What Singapore is prioritising for climate mitigation
Singapore environment minister Grace Fu discusses climate initiatives such as the city state’s carbon tax and how it plans to make its big petrochemical and refining industry more sustainable.
Big stakes in polluters belie Vanguard’s climate statements
Are the most polluting companies’ shareholders – like Vanguard – only paying lip service to the financial risks of climate change?
How a world-first green and social bond got off the ground
New World Development has continued its heavy use of green financing with the sale of the world’s first combined green and social corporate bond to tackle emissions and provide affordable housing. Capital Monitor speaks to CFO Edward Lau, about his social and cultural aims.
Investors indifferent to green junk bonds’ weak covenants
Covenants of high-yield green bonds of all types are weaker than those of conventional issues, as private equity-owned companies in particular take advantage of high demand for such debt.