China aims to establish a national standard for corporate sustainability disclosure by 2030 as part of efforts to improve economic sustainability, tackle climate change and catch up with its global peers when it comes to environmental, social and governance reporting.

Only 1 per cent of large-cap Hong Kong-listed firms in the MSCI AC Asia-Pacific IMI index have set greenhouse gas reduction targets considered ‘fully’ credible, less than the regional average.

The acquisition ‘vertically integrates the energy supplier and key end-user’, Hans Energy CEO Yang Dong says, adding that its ‘strategic development of the hydrogen industry’ aligns with Citybus’s net-zero emissions goal.

Sustainable changes in farm practices could sequester nearly 1 billion tons of carbon dioxide globally a year, Swiss company says.

Chinese tech behemoth to fund technologies that prevent carbon dioxide emissions and suck the greenhouse gas from the atmosphere.

The 2GW pilot project is coming up near its nuclear plant in Jiangsu province. The US$1.4 billion project will include a 0.4GW energy-storage facility and cover an area larger than Hong Kong’s Tseung Kwan O district.

France is Xpeng’s tenth European market and comes after launches in Spain and Portugal last month. It will market the G9 and G6 SUVs and will also set up a sales and service network with local distributors.

A ChatGPT-led boom in artificial intelligence is expected to fuel an exponential growth in demand for liquid cooling technology from data centre operators, according to Macquarie Capital.

A carbon trading system that promotes tighter supply and higher prices can induce China’s cement makers to undertake costly investment, Ian Riley of World Cement Association says.

The International Chamber of Sustainable Development will also expand the accredited planner course, which more than 3,000 people have completed in Hong Kong, to Southeast Asia and the Middle East.

Researchers say reduced aerosol emissions in China have led to rising sea temperatures and extreme weather in Northeast Pacific, from Alaska to California, affecting biodiversity and causing toxic algae blooms and drought.

Two Chinese firms withdraw bids for Romanian photovoltaic park contracts after Brussels opens investigations under its foreign subsidies regulation.

News of the summit, slated to take place during the UN’s top climate conference, shared after the two sides’ new envoys met in Washington for talks.

Hong Kong-based private equity firm and BP Ventures to invest US$10 million each in the latest funding round, helping Hysata to scale up its green hydrogen facilities in New South Wales.

Bilateral working group sessions meant to build on agreements reached last year and restore top-level engagement as pledged at Xi-Biden summit.

Relaxed mountain setting chosen so Chinese leader Xi Jinping and French counterpart Emmanuel Macron can speak frankly on myriad mutual grievances and grounds for cooperation.

CK Infrastructure’s US$113.5 million purchase of UU Solar, its second acquisition of UK renewable-power assets in two weeks, includes 70 solar, wind and hydropower projects.

G7 ministers said on Tuesday that efforts to raise money to help poorer countries adapt to climate change should include countries “capable of contributing”, in a message aimed at China.

Oil consumption in China’s transport sector will peak next year ‘at the latest’ as rapid adoption of electric vehicles (EVs) pulls the plug on petrol consumption, according to the nation’s largest oil and gas producer.

‘Private firms are obviously looking at the torch that is potentially coming for themselves,’ when it comes to declaring emissions goals, says Net Zero Tracker project leader

Ten remain missing in hard-hit cities of Qingyuan and Shaoguan as rescuers race to save trapped residents after intense rain brings water levels above 50-year highs in parts of Bei River, a tributary of the Pearl River.

Ampace is betting on a boom in home energy storage systems and the ‘batterification’ of tools and electronic devices as it aims to solidify an already dominant position in a part of the market away from electric cars and smartphones.

Hong Kong think tank says annual water use by Chinese data facilities – almost half of which are in dry regions – could more than double by 2030, while AI chatbots ‘drink staggering amounts of water’ to cool themselves down.

At the Harvard College China Forum, participants said existential threats such as global warming cannot be solved unless the two countries move beyond their mutual distrust.

China accounted for two-thirds of the coal-burning power capacity that came online last year, according to Global Energy Monitor, which ‘starkly contrasts with the global trend, putting China’s 2025 climate targets at risk’.