As background, green and sustainability-linked bonds and loans have been the pioneer products in this space. Following their evolution over a number of recent years, they are now well-established financing products commonly used to finance the energy transition. However, transition finance is emerging as the requirements for green and sustainability-linked financing products are often not met in the context of high-emitting, hard-to-abate sectors looking to reduce emissions
As a key step in combating the climate change crisis, the Thai government has recently established the Department of Climate Change and Environment within the Ministry of Natural Resources and Environment. This central government agency is dedicated to focusing on the country’s climate change efforts.
It has been three years since Section 17A of the Malaysian Anti-Corruption Commission Act 2009 came into effect, with the first charge under the provision made in 2021. The recent array of actions by the MACC coupled with the “zero tolerance for corruption” policy launched by the Madani Government provide a timely reminder of the importance of businesses in (i) reviewing their existing procedures and (ii) ensuring adequate procedures are in place to prevent bribery as they afford the only defense against liability under Section 17A.
Earlier this year, the Tripartite Committee released an interim report outlining its 20 recommendations for the proposed Workplace Fairness Legislation.
On 4 August 2023, the committee published its final report setting out its final set of 22 recommendations, following consultation and engagement with various stakeholders including employers, human resources and legal professionals, trade associations and chambers, union leaders, and various community organizations. The Singapore Government has accepted the final recommendations and will work closely with the Tripartite Partners to implement the recommendations in law in 2024.
Off the Shelf, the Global Consumer Goods & Retail Industry Video Podcast, provides short practical legal insights into the key issues affecting consumer goods and retail (CG&R) businesses. Season 3 looks at how artificial intelligence is impacting the CG&R industry.
“Sustainability Solution EP.1 – Why ESG matters” is presented by our partners Nam-Ake Lekfuangfu and Panyavith (Taro) Preechabhan. In this episode, our team discusses the rise of ESG, its importance, and what this would mean for companies going forward. This video is in Thai with English subtitles.
“Sustainability Solution EP.3: Carbon Border Adjustment Mechanism” is presented by partners from our ESG team: Bulin Sanooj, Ornsiri Samarnmitr and Nam-Ake Lekfuangfu. In this episode, our team discusses the Carbon Border Adjustment Mechanism and what this could mean for businesses outside of the European Union. This video is in Thai with English subtitles.
“Sustainability Solution EP.4: Environmental Jargon” is presented by partners from our ESG team: Bulin Sanooj, Ornsiri Samarnmitr, Nam-Ake Lekfuangfu and our Environmental Specialist Dhiranantha Rithmanee. In this episode our team demystifies technical terminology related to the environment and climate change. This video is in Thai with English subtitles.
“Sustainability Solution EP.5: Thai investment agency’s move to promote sustainability” is presented by our Sustainability partner Nam-Ake Lekfuangfu, Chana Sooppipat and Jaywon Yi from our Corporate practice group, who are experienced in foreign investment. In this episode, our team discusses promotion schemes offered by the Board of Investment of Thailand related to sustainability, covering various industries. This video is in Thai with English subtitles.
“Sustainability Solution EP.2: The First E in ESG – Environmental” is presented by partners from our ESG team: Bulin Sanooj, Ornsiri Samarnmitr and Nam-Ake Lekfuangfu. In this episode, our team discusses the environmental aspect of ESG, recent developments, and why it matters for businesses to pay close attention to these issues now. This video is in Thai with English subtitles.