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‘Greenrinsing’: Firms setting and dropping net-zero targets to create revolving door for finance, says UN official

Some companies have been gaming their climate targets to attract investment, with most struggling to cut “impossible” supply chain emissions, the United Nations Global Compact Network Thailand executive director said at an event in Singapore last week.

Putting the spotlight on ‘S’ in ESG

If one sits on the sustainability team in a company, and focuses only on the “E” in “ESG”, then he is not talking about environmental, social and governance issues holistically, said Patrick Shaw-Brown, CEO of Impactt, a consultancy that specialises in ethical trade and human rights.

Singapore: Global Compact Network Singapore reveals companies become less transparent about their sustainability targets

The 2025 Green Impact Gap Survey, conducted by the United Nations Global Compact Network Singapore (GCNS) and automation firm Schneider Electric, found that only one-third of companies in Singapore now publicly disclose their sustainability targets – a significant drop from well over a half (58 per cent) in 2023 and 37 per cent in 2024…