Cultivating a sustainable, carbon-free future
Momentum for decarbonisation across Southeast Asia is growing, as more market players pay attention to their carbon footprint, and countries transition towards net zero.
A version of this article was first published on FinanceAsia.
Singapore-based asset management firm, Gunung Capital, started its transition towards net zero in late 2019. It began with a review of its main portfolio asset: Indonesian steelmaker, Gunung Raja Paksi (GRP), which at the time was one of the largest privately owned steel groups in Indonesia.
Together with an overhaul of the asset’s management, the Gunung team considered the stark reality of its carbon footprint. Their…
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