Editor's Choice

Dear reader,

Corporate do-goodism — and especially environmental, social and governance (ESG) investing — has been under a lot of fire lately.

In Europe, asset managers braced themselves for a wave of ESG fund downgrades. In America, an anti-ESG crusade, worsened by politics, reached peak momentum when calls for prominent businessman and Blackrock's chief Larry Fink to step down escalated, amid criticism of ESG "hypocrisy".

In fact, this year hasn’t been good for ESG advocates.

On the whole, however, ESG principles are still being valued, with corporates trying to walk the talk. In Asia, firms in fast-growing markets such as India and China are making their debut on a global sustainability benchmark. There are calls for more disclosure, not less. The concern is that companies will shy away from communicating their sustainability policies, for fear of backlash.

This week, our correspondent, attending shipping decarbonisation talks in London, also sent back a despatch. In the spotlight: Asia’s seafarers — who number the highest in the world and are in need of training with stricter green shipping targets on the horizon.

Looking back at an eventful year, here are 10 stories Eco-Business covered that caught our readers' attention.

And a list of sustainability wins — just to add a dash of optimism before we close the year! 

Ng Wai Mun

Editor's Choice

2022: The year ESG took a beating

2022: The year ESG took a beating

Some say ESG is in need of a rethink. There are others who have outrightly called it a 'scam'. In 2022, ESG investing made the headlines for all the wrong reasons. But might there still be value in defending the concept?

More emerging Asian firms feature in Dow Jones sustainability index

More emerging Asian firms feature in Dow Jones sustainability index

Fast-growing economic powerhouses in the region such as India and China are staking their places on the ESG benchmark, though a few Japanese firms lost their spots on the Asia Pacific list.

Green hush could lead to 'vicious circle' of corporate non-disclosure and inaction

Green hush could lead to 'vicious circle' of corporate non-disclosure and inaction

A recent report by South Pole found that many companies that have set net-zero emissions targets have not communicated their goals, potentially for fear of being accused of greenwashing or making exaggerated sustainability claims.

UN backs biodiversity credits

UN backs biodiversity credits

Biodiversity offsetting has been highly controversial for its role in greenwashing but the United Nations believes that ‘biocredits’ can be different. Negotiators are still in talks at the COP15 conference on biodiversity this week.

Why developing Asia should care about an ambitious shipping emissions reduction goal

Why developing Asia should care about an ambitious shipping emissions reduction goal

The region supplies the most number of seafarers in the world, and support for training of these port workers is on the horizon as delegates at a global maritime conference this week negotiate for stricter green shipping targets.

Investing in a just energy transition: What we need to do now

Investing in a just energy transition: What we need to do now

The global community needs to see an incredibly large scale of change in a very narrow window of time — here's what we need to do to secure a stable climate while leaving no one behind.

Eco-Business' 10 most read stories of 2022

Eco-Business' 10 most read stories of 2022

Every year, the stories that Eco-Business readers find most interesting reveal something about the zeitgeist. The year gone by was marked by climate misinformation, "bad" news getting vilified, and some climate victories.

Explainer: What is climate risk disclosure?

Explainer: What is climate risk disclosure?

[VIDEO] Investors are starting to feel the effects of climate change in an unexpected place – their financial returns. There are now growing calls within the business community to improve climate risk disclosure.

How can technology help with ESG data reporting?

How can technology help with ESG data reporting?

With huge amounts of unrecorded data and numerous reporting frameworks, tracking and disclosing ESG data can be challenging. Technology can help companies identify data most material to their businesses and meet reporting requirements.

Inspired by nature: the secret behind Atelier Ten's intelligent green buildings

Inspired by nature: the secret behind Atelier Ten's intelligent green buildings

With the global construction industry’s carbon emissions reaching new heights, design consultancy Atelier Ten, which is behind iconic structures such as Gardens By The Bay and Jewel, shares its strategies in responsive and efficient design.

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