This white paper explores the efforts to drive green financing across Asia Pacific, the current guidance from regulators on how to navigate emerging sustainability reporting requirements, and what data is required to do so.
With climate initiatives quickly becoming priorities for regulators and policy makers, there is a developing need for sustainability reporting throughout the maritime trade supply chain.
In Singapore and Hong Kong, movement has begun with governmental and financial organisations building sustainability targets and a decarbonised trade infrastructure. However, action needs to be taken at every level of industry, requiring regulation, transparency, and technology throughout.
With transparency being key to achieving a sustainable trade ecosystem, finance will play a key role and every player in the supply chain must monitor their environmental impact and that of those they are in business with.