Japan: Launched a green hydrogen auction trial to promote clean energy initiatives.
Australia: The Federal Court fined Clorox for misleading environmental claims, marking a significant enforcement action against greenwashing.
China: Issued a draft for mandatory sustainability disclosures, signaling a move towards stricter ESG reporting requirements.
Singapore: Introduced a guidebook aimed at training providers on sustainability reporting, enhancing ESG education and compliance.
💼 Corporate ESG Movements
Inter IKEA Group: Appointed Lena Julle as Chief Sustainability Officer, reinforcing its commitment to sustainable practices.
Capgemini: Updated its ESG policy to include a stronger focus on ethics and set new targets for achieving net-zero emissions.
PepsiCo: Expanded its regenerative agriculture programs and set more ambitious goals for climate, water, and packaging sustainability.
📅 Upcoming ESG Events in APAC
Asia Pacific Sustainability Conference (APSC 2025): Scheduled for May 21–23 in Petaling Jaya, Malaysia, focusing on sustainable development strategies.
Ecosperity Week 2025: Taking place from May 5–8 in Singapore, this event will convene leaders to discuss radical solutions for a green and just transition.
GenZero Climate Summit 2025: Held from May 5–8 in Singapore, featuring discussions on carbon markets and regulatory frameworks.
APAC Sustainable Finance Summit: Occurred on May 13, focusing on the progression of sustainable finance in the region.
🌐 Global ESG Trends Impacting APAC
Sustainable Investing: European pension funds are intensifying their commitment to ESG, contrasting with a retreat among U.S. asset managers due to political pressures.
Corporate ESG Strategies: Despite political shifts, businesses continue to view sustainability as essential for long-term profitability and resilience.
Shipping Industry: The International Maritime Organization (IMO) introduced emissions fees, mandating shipping operators to reduce carbon emission intensity by 17% by 2028.