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ESG

Norges Bank dumps TCM firm on ESG concerns
Jan 7, 2022 (WiC 568)

Pangolins – or ‘scaly anteaters’ – have a history of being hunted for their supposedly medicinal properties. These included the treatment of “excessive nervousness in children, women possessed by devils and ogres, malarial fever and ...

A CO2 conundrum

Slow start for China’s emissions trading scheme
Jul 23, 2021 (WiC 550)

Without more effort from China to bring down its carbon emissions, there is no chance of escaping the “mutual suicide pact” of climate change, John Kerry warned this week. It won’t be possible to limit global warming to a rise of 1.5 ...

It’s this or nine million trees

Sinopec launches China’s first large-scale carbon capture facility
Jul 16, 2021 (WiC 549)

As a scorching heat wave sweeps across the Northern Hemisphere, China is asking its people to brace for another year of extreme weather conditions. According to the National Climate Centre, the average temperatures for the first half of the ...

Every second counts

Largest trading platform for used electronics goods files for New York IPO
Jun 11, 2021 (WiC 544)

Smartphones, laptops and other connected devices are the lifeblood of the digital economy. Yet they are also adding to the world’s rubbish dumps at an alarming rate. A report by the United Nations last year found that a record 53.6 million ...

A chance to cool down?

Can China and the US find common ground in climate change policy
Apr 23, 2021 (WiC 537)

Global temperatures are rising but could they offer a chance to take some of the heat out of the relationship between China and the US, after months of verbal clashes between the two superpowers? Hopes were high over a visit by US special ...

Manning the batteries

Oil major joins China’s EV race with NIO partnership
Apr 23, 2021 (WiC 537)

If there’s one thing that can be confidently said about China’s development over the past few decades, it’s that change happens at lightning speed. The country typically achieves whatever milestone is under consideration far quicker than ...

The energy of the future?

Longi and Sinopec team up in long-term pivot to hydrogen-based energy
Apr 23, 2021 (WiC 537)

The footage of the heads of Sinopec, Longi and two other energy companies sitting down for a debate might well have looked like a World Economic Forum moment. Instead, it was from a CCTV programme aired on April 17, during which the guests talked ...

Back with the wind in its sails

Sany plans STAR listing of new energy wind turbine unit
Apr 23, 2021 (WiC 537)

A decade ago, Liang Wengen was riding high at the top of the Forbes China rich list. The founder of Sany Heavy Industry became the country’s richest tycoon by providing the construction equipment that helped China to urbanise rapidly. Liang was ...

China’s ‘Sun King’ plots a stock market comeback with Asia Silicon IPO
Mar 19, 2021 (WiC 532)

Once seen as a sultan of China’s solar industry, Shi Zhengrong enjoyed his moment in the sun. In 2006 Forbes magazine titled him as China’s richest man after Shi’s solar panel firm Suntech Power became the first private-sector company from ...