Eco Money with Rachel Kelly Money FM

RHB, Malaysia’s fourth-largest bank by assets has announced ambitious climate targets.

Setting its sights on net zero by 2050 and increasing its sustainable finance target to RM50 billion  by 2026.

The news was shared at the inaugural RHB sustainability media day.

Speaking at the session, Mohd Rashid Mohamad  Group Managing Director / Group Chief Executive Officer of RHB Banking Group shared that the goals are the result of over a year of work under the group climate action programme.

Rachel Kelly with the details.
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The Sustainable City is the first operational Net Zero Energy city in Dubai, modelled to become an international showcase for high quality sustainable living.

It’s been 9 years since the first set of keys were handed over to tenants in this community with solar panel clad homes and shaded vehicle free pedestrian streets.

Now, it’s been one year since I moved to Dubai and I can’t help but wonder why there aren’t more of such developments across the globe.

To find out more about the project, I caught up with Marwa Al Nahlawi, General Manager of Diamond Developers.
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In a capitalist world, can profits still be attained while leaders pursue purpose? Can a balance between environmental needs with those of corporations be struck?

Rachel Kelly speaks with Rajeev Peshawaria, CEO, Stewardship Asia Centre and author of the book Sustainable Sustainability to discuss  the role corporates play in tackling climate change and how steward leadership can help us combine profits and purpose.
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There are many ways investors can address climate risks in fixed income portfolios, including financing issuers that deliver climate solutions.

That said, due to the complexity of fixed income markets investors often struggle to identify and track exposure to bonds that are associated with carbon-intensive activities.

In a report just out titled 'Tracing Carbon-Intensive Debt' , London Stock Exchange Group developed a methodology to track carbon-intensive fixed income holdings.

Rachel Kelly speaks to Nitish Ramkumar, Senior Research Lead, Sustainable Investment Research, LSEG to find out more.
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Did you know that 2.2 billion people on the planet still live without safely managed drinking water?

And at least half the worlds population experiences water scarcity for at least part of the year.

World Water Day is celebrated on 22nd March and this year’s theme is water for peace.

But what role does finance play?

Rachel Kelly takes a look in this week's Eco Money

 
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If you don’t take advantage of grants provided by the government to green your business, your competitors will.

Those were the words of Minister for Sustainability and the Environment Grace Fu speaking at the Navigating Climate and Business in 2024 dialogue organised by The Singapore Business Federation (SBF) and Institute of Singapore Chartered Accountants (ISCA).

During the session key insights into how SMEs can work with the public sector and MNCs to grow their business were discussed. 

Rachel Kelly with the details in this week's Eco Money.
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