Eco Money with Rachel Kelly

RHB, Malaysia’s fourth-largest bank by assets has announced ambitious climate targets.

Setting its sights on net zero by 2050 and increasing its sustainable finance target to RM50 billion  by 2026.

The news was shared at the inaugural RHB sustainability media day.

Speaking at the session, Mohd Rashid Mohamad  Group Managing Director / Group Chief Executive Officer of RHB Banking Group shared that the goals are the result of over...

The Sustainable City is the first operational Net Zero Energy city in Dubai, modelled to become an international showcase for high quality sustainable living.

It’s been 9 years since the first set of keys were handed over to tenants in this community with solar panel clad homes and shaded vehicle free pedestrian streets.

Now, it’s been one year since I moved to Dubai and I can’t help but wonder why there aren’t more of such devel...

In a capitalist world, can profits still be attained while leaders pursue purpose? Can a balance between environmental needs with those of corporations be struck?

Rachel Kelly speaks with Rajeev Peshawaria, CEO, Stewardship Asia Centre and author of the book Sustainable Sustainability to discuss  the role corporates play in tackling climate change and how steward leadership can help us combine profits and purpose.

See omnystudio.co...

There are many ways investors can address climate risks in fixed income portfolios, including financing issuers that deliver climate solutions.

That said, due to the complexity of fixed income markets investors often struggle to identify and track exposure to bonds that are associated with carbon-intensive activities.

In a report just out titled 'Tracing Carbon-Intensive Debt' , London Stock Exchange Group developed a methodology...

If you don’t take advantage of grants provided by the government to green your business, your competitors will.

Those were the words of Minister for Sustainability and the Environment Grace Fu speaking at the Navigating Climate and Business in 2024 dialogue organised by The Singapore Business Federation (SBF) and Institute of Singapore Chartered Accountants (ISCA).

During the session key insights into how SMEs can work with the p...

Singapore has one of the busiest ports in the world - an average 140,000 vessels call annually.

The city state is serious about fostering sustainability within the industry - to bolster efforts the government has just announced a new Sustainability pillar under the maritime cluster fund.

Speaking in parliament this week at the debate for the Transport ministry’s budget Transport Minister Chee Hong Tat says the initiative will sup...

Security and sustainability go hand in hand for business and the nation.

This was highlighted in two key sustainability areas of this year’s Singapore National Budget which rolls out the first instalment of the Forward Singapore programmes.

Deputy Prime Minister Lawrence Wong delivered his third annual Budget speech in Parliament on February 16th - he highlighted that for firms to be competitive, they also need to embrace sustain...

Colour analysis to produce a palette that best compliaments your skin and hair tone may have become the latest trend, but have you given any thought to how the dyes for your clothes are produced?

Colorifix is on a mission to tackle toxic dye pollution caused by the industry and reduce water consumption. 

Rachel Kelly speaks to Orr Yarkoni, Founder and CEO of Colorifix to find out more. 

See omnystudio.com/listener for privacy info...

2023 may have seen a spotlight cast on controversy around ESG investing.

Greenwashing and confusing terminology may have punched a dent in ESG’s credibility.

Could this give way to greater clarity around language, goals and intentions in the year ahead?

MSCI ESG Research’s Sustainability and Climate Trends for 2024 is hot off the press.  Rachel Kelly speaks to Yu Ishihara, Executive Director, MSCI ESG & Climate Research to ...

It’s official, 2023 was the hottest year on record.

That’s according to the latest findings from the Copernicus  2023 Global Climate Highlights report.

And not only was 2023 the hottest, 2023 was the first year on record where all days were in excess of 1°C above pre industrial leves, with two days exceeding 2°C for the first time.

Rachel Kelly has the details in this episode of Eco Money.

See omnystudio.com/listener for privacy ...

Every year - over 430 million tonnes of plastic is produced globally.

According to the UN - two-thirds of that are short-lived products that soon become waste.

In fact, abandoned, lost and discarded fishing gear is the deadliest form of marine plastic, threatening 66 per cent of marine animals.

Earlier this year, Gopaal  Jeyaram Founder of Big Fins & Underwater Zombie - came face to face with ghost nets 60 meters underwater ...

National climate action plans remain insufficient to limit global temperature rise to 1.5 degrees Celsius and meet the goals of the Paris Agreement.

That's according to the latest report from the UN.

Even with increased efforts by some countries, the report shows much more action is needed now to bend the world’s emissions trajectory further downward and avoid the worst impacts of climate change.

Timely that in the same week - K...

Global CCUS uptake needs to expand 120 times from current levels by 2050, rising to at least 4.2 gigatons per annum of CO2 captured, for countries to achieve their net-zero commitments. That's according to a McKinsey report.

At the Asia Clean Energy Summit organised by the Sustainable Energy Association of Singapore, we heard highlights from industry on transformation in this area and what more needs to be done. 

This podcast inc...

Would it surprise you to know that the number of instances of greenwashing by banks and financial services companies around the world rose by 70% in the past 12 months.

Are all of these instances intentional? OR are companies getting caught up in eco jargon?

What is greenwashing anyway? And what role does the media play in tackling the issue.

This was the topic of a recent panel discussion organised by the Singapore Press Club t...

Developing countries face an investment gap of $2 trillion annually for the energy transition, out of a $4 trillion annual funding gap for the Sustainable Development Goals. That’s according to the United Nations.

Earlier this year it called for urgent support to developing countries to enable them to attract significantly more investment for their transition to clean energy.

But barriers remain, policy, politics, and perhaps tec...