Financial firms' net zero goals
OCBC launches net zero loan for corporates
Companies get a reduced interest rate on their loans when they meet targets.
OCBC launches net zero loan for corporates
Companies get a reduced interest rate on their loans when they meet targets.
DBS unveils targets for decarbonisation, data coverage under net zero goal
It plans to reduce emissions from O&G sector by 28% in 2030.
Managing the financial risk of aiming for Net Zero
Reaching net zero by 2050 doesn’t sound particularly ambitious. It’s thirty years away. But the reality is that reaching net zero by 2050 – as Thailand and Vietnam recently pledged to do – will be an uphill battle for both economies.
FIs need to set clear net-zero goals else loans, assets deteriorate: Moody’s
Delayed goals and actions would hurt banks’ asset and loan quality in the future.
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Companies must be transparent and fair to maintain trust and mitigate reputational risks.
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