Category: CSR/ECO/ESG

ADB Approves $500 Million Loan to Strengthen the Philippines’ Climate Resilience Efforts

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The Asian Development Bank (ADB) has approved a landmark loan of $500 million to help the Philippines accelerate its climate change mitigation and adaptation efforts. This initiative, part of the Philippines’ Climate Change Action Program (CCAP) Subprogram 2, will support the country’s commitment to the Paris Agreement by enhancing climate resilience and promoting sustainable, low-carbon […]

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UK to Consult on Electric Vehicle Transition, Reaffirming 2030 Petrol and Diesel Phase-Out Commitment

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The United Kingdom is poised to launch a public consultation on its zero-emission vehicle mandate, as the government seeks to engage industry stakeholders and refine its approach to meeting the 2030 phase-out deadline for new petrol and diesel car sales. Confirmed by a spokesperson for Prime Minister Keir Starmer on Tuesday, the consultation will explore […]

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ExxonMobil to Ramp Up Advanced Recycling Capacity with $200 Million Investment

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ExxonMobil is accelerating its commitment to sustainability by investing over $200 million in the expansion of its advanced recycling operations at two of its key Texas facilities—Baytown and Beaumont. This expansion will enable ExxonMobil to significantly scale up its efforts to tackle the global plastic waste challenge, pushing its recycling capacity to 500 million pounds […]

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Blackstone Acquires $1B Santander Infrastructure Loan Portfolio to Boost Sustainable Investments

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In a strategic move that further consolidates its leadership in infrastructure credit, Blackstone Credit & Insurance (BXCI) has reached an agreement to acquire interests in a $1 billion portfolio of infrastructure loans from Santander Corporate & Investment Banking (CIB). This acquisition is poised to significantly enhance Blackstone’s commitment to sustainable infrastructure investments, particularly in sectors […]

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Hidden in plain sight: flower imitates leaf litter trapped on trees to deceive a beetle pollinator

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Ming-Fai Liu and Richard Saunders, from the University of Hong Kong’s Division of Ecology & Biodiversity, School of Biological Sciences, discuss their research article: Aerial litter mimicry: a novel form of floral deception mediated by a monoterpene synthase Mutualism is more of a rule than an exception when it comes to pollination—although a few plants […]

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Working with EU neighbours for a cleaner continent: the Energy Community roundtable at COP29

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Established in 2006, the Energy Community Treaty is an international agreement between the EU and 9 neighbouring countries, or contracting parties, Albania, Bosnia and Herzegovina, Kosovo*, North Macedonia, Georgia, Moldova, Montenegro, Serbia and Ukraine. The Treaty aims to promote closer integration, cooperation and alignment with ambitious energy, environmental and climate policies. The Treaty also extends […]

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Nature-based solutions offer a win-win for nature, climate, & society in Hong Kong

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Ashley Bang, from the University of Oxford, won the Journal of Ecology Best Poster Award at the 2024 European Congress of Conservation Biology. In this blog post, Ashley, discusses her thesis: Opportunities to balance urbanization, climate change, and nature conservation policy agendas via nature-based solutions: A case study of Hong Kong. In light of the […]

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5 Key Takeaways from COP29: Progress, Challenges, and the Road Ahead

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COP29, held in Baku, Azerbaijan, concluded after intense negotiations, with significant climate finance and policy decisions on the table. While key agreements were reached, challenges remain—particularly in securing the funds and support needed for the world’s most vulnerable nations. Here’s a breakdown of the summit’s five critical takeaways and what they mean for the future […]

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HSBC, Cathay Pacific, and EcoCeres Launch Hong Kong’s Largest Sustainable Aviation Fuel Initiative

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Groundbreaking SAF Partnership: HSBC Hong Kong secures 3,400 metric tonnes of Sustainable Aviation Fuel (SAF) from EcoCeres, contributing to a reduction of 11,800 metric tonnes of carbon emissions. Decarbonization and Innovation: The partnership supports Hong Kong’s ambitions as a regional SAF hub and aligns with global decarbonization goals. EcoCeres’ SAF, made from waste-based biomass feedstock, […]

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$300 Billion Climate Finance Pact: Funds Disbursement and Support Mechanism for Developing Countries’ Climate Action

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At the conclusion of the COP29 summit in Baku, Azerbaijan, a landmark climate finance agreement was reached, with rich nations pledging to pool at least $300 billion annually by 2035 to help developing countries address the impacts of climate change. This commitment aims to support a broad range of efforts, from transitioning to clean energy […]

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