Responding to carbon reduction trends and government policies while promoting green energy projects, Citibank Taiwan Ltd (花旗台灣) yesterday teamed up with Sunnyfounder (陽光伏特家) and Taiwan Green Energy for Charity Association (台灣綠能公益發展協會) to launch the first charitable carbon credit program in Taiwan. The joint efforts reflect the nation’s transition to net zero carbon emissions and serve as an innovative environment, social and governance (ESG) approach for enterprises to pursue carbon trading.
The announcement came as the National Development Council in March unveiled the government’s roadmap for achieving net zero carbon emissions by 2050 and 12 key strategies for achieving that goal. Yesterday,
<p><span>ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that Thematic ETFs and ETPs listed globally gathered net inflows of US$6.92 billion during November, bringing year-to-date net inflows to US$77.87 billion which is slightly lower than the US$90.50 billion gathered at this point last year. Total assets invested in Thematic ETFs and ETPs decreased by 0.1% from US$441.27 billion at the end of October 2021 to US$440.75 billion, according to ETFGI’s November 2021 ETF and ETP Thematic industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)</span></p>
<p><span>ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that the assets invested in Environmental, Social, and Governance (ESG) ETFs and ETPs listed globally reach a record US$371 billion at the end of November. ESG products gathered net inflows of US$16.63 billion during November, bringing year-to-date net inflows to US$146.84 billion which is much higher than the US$68.59 billion gathered at this point last year. Total assets invested in ESG ETFs and ETPs increased by 2.3% from US$362 billion at the end of October 2021 to US$371 billion, according to ETFGI’s November 2021 ETF and ETP ESG industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)</span></p>
Citibank Taiwan leads climate change work
Staff writer
On Earth Day on Thursday last week, leaders from the US, China and many other countries hosted a climate summit to demonstrate the urgency of addressing climate issues.
In the face of climate change, Citibank Taiwan Ltd (台灣花旗) has continued to work on environmental, social and governance (ESG) sustainability, as well as public service commitments in Taiwan.
On Earth Day, Citibank Taiwan and the Taiwan Youth Climate Coalition released an online questionnaire. In addition, Citibank Taiwan has joined the GW100+ campaign to help local social welfare organizations by taking concrete action to shine a light on the UN’s 17 Sustainable Development Goals.