Net Zero – Progress and Achievements
Net zero refers to a scenario in which greenhouse gases released in the atmosphere are neutralized through the removal of an equivalent amount of greenhouse gases from the atmosphere. The COP 15 Paris Agreement and COP 26 Glasgow summit saw many countries pledging to achieve net-zero emissions over the next few decades. Commitments made by […]
Measuring Carbon Footprint of Investment Portfolios
The management of carbon emissions in the future are of utmost importance to avoid a climate-related catastrophe and curb the rise of global temperatures to below 2º Celsius. The measurement of carbon emissions globally is necessary to remain within ‘carbon budget’. For this, it is necessary to establish environmental, social, and governance (ESG) integration guidelines […]
Gunung Capital eyes sustainability investments beyond steel industry
Many companies are gunning for a “low-emission” future as they grow their business. However, this process starts at home for Gunung Capital; a Singapore-based asset management firm focused on impact investments guided by environmental, social and governance (ESG) principles. Gunung Capital is linked to the Gunung Steel Group, Indonesia’s leading steel conglomerate whose flagship entity is […]
Carbon-Neutral Commodity Trading
Carbon-intensive industry participants are stepping up efforts to curb their carbon footprint in their value chain as they come under increasing pressure from governments and regulators to pare emissions following the COP26 summit. They are also subject to environmental scrutiny from investors and regulators, as well as lenders. This explains the emphasis on making commodities […]
Importance of Steel Scrap in Steel Industry Decarbonisation
The steel industry has been vital to the creation and development of modern society. It is one of the key engineering, construction and building materials needed to sustain urban societal needs. Since the 1970s, global steel demand has increased fourfold, attributable to expanding economies, growing urbanisation and focus on infrastructure development. The iron and steel […]
Need for Decarbonisation Road Map to Curb Steel Industry’s Carbon Emissions
The steel industry is one of the largest emitters of carbon (7-8% of global emissions). As global steel demand is set to increase on rising income and spending power of populations in developing economies, particularly in Asia, the steel industry needs to prioritise decarbonisation initiatives to keep global temperature rise below 2ºC, as well as […]
Carbon Markets in Indonesia
Indonesia has been at the forefront of climate change. The government of Indonesia (GOI) has charted its long-term strategy for low carbon and climate resilience by 2050 and becoming carbon neutral by 2060. The government of Indonesia submitted the first draft of nationally determined contributions (NDC) in 2016 and then updated NDC in 2021. The […]
Carbon Credits and Their Impact on Green Buildings
Carbon credits stimulate the use of renewable energy, construction of green buildings and energy retrofits for existing infrastructure properties. Carbon offsets enhance business case for green buildings and provide additional cash flow opportunities to building operators besides water and energy savings. Green buildings are resource-efficient and positively impact the environment. Benefits of green buildings include […]
Climate Technology’s Role In Advancing To A Net-Zero Future
What Is Net Zero? In 2015, the United Nations Climate Change Conference (COP21) met in Paris and brokered a historic accord, The Paris Agreement. Chief among the long-term goals set out by the coalition was a commitment towards a net-zero future. Defined as a state of equilibrium in which the amount of greenhouse gases produced and released […]
Green Infrastructure – Market Overview and Growth Drivers
Cities globally have witnessed rapid urbanization and rural migration leading to increase in population density. Infrastructure emissions are not aligned with the Intergovernmental Panel on Climate Change ambitions, and countries need to implement significant measures to curb carbon emissions to comply with the net-zero goal. Indonesia is on the verge of an infrastructure boom, due […]
