At the COP29 climate summit in Azerbaijan on Tuesday, November 12, the world’s largest multilateral development banks (MDBs) announced a landmark commitment to combat climate change. The institutions pledged to increase climate finance for low- and middle-income countries to $120 billion annually by 2030, a substantial rise from $75 billion in 2023 and $60.9 billion […]

In a decisive step toward addressing the global demand for sustainable practices, the GO ESG 2024 Symposium convened over 300 executives, sustainability professionals, and business leaders in Kuala Lumpur to explore the critical skills needed to meet sustainability targets. Organised by the UN Global Compact Network Malaysia & Brunei (UNGCMYB), the event carried the theme […]

Hong Leong Bank Bhd (HLB) has unveiled its first Sustainable Finance Framework (SFF), setting a bold agenda to mobilize RM20 billion over the next five years in support of environmentally conscious projects. The newly launched framework aims to facilitate Malaysia’s transition to a greener economy by providing financing for initiatives in renewable energy, energy efficiency, […]