Main traders apply net-zero stress on Asian utilities | sustainability, local weather change

Main traders apply net-zero stress on Asian utilities | sustainability, local weather change

A brand new programme has been launched to interact systemically vital electrical utilities in China, Hong Kong, Japan and Malaysia on climate-re

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A brand new programme has been launched to interact systemically vital electrical utilities in China, Hong Kong, Japan and Malaysia on climate-related points.

It’s being coordinated by the Asia Investor Group on Local weather Change AIGCC and backed by 13 institutional traders and stewardship service suppliers, that are chargeable for $8.Eight trillion in property below administration.

The preliminary focus is 5 utility corporations China Assets Energy Holdings in China CLP Holdings in Hong Kong Chubu Electrical Energy Co in Japan Electrical Energy Improvement Co J-POWER in Japan and Tenaga Nasional in Malaysia.

These utilities produce substantial greenhouse gasoline emissions, have giant coal-fired energy capability or…


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