KUALA LUMPUR: The Association of Southeast Asian Nations (ASEAN) banks have to navigate a challenging path amid pressure from investors, regulators and social forces to decarbonise their loan books and meet country-level net-zero emission targets that go beyond 2050, Moody's Investors Service said.
(Bloomberg)
The clock is ticking for banks, insurers and asset managers still providing support to oil, gas and coal producers. It’s not just the moral imperative that fossil-fuel use is destroying the atmosphere and life on Earth with it.