ESG investments in demand, especially among millennials

SINGAPORE - The Covid-19 pandemic is driving the demand for ESG (environmental, social and corporate governance) investments. Increased awareness of climate change issues and changing investor preferences are key factors that have contributed to the rise in ESG investments, say analysts, who expect the trend to continue. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

ST Webinar to discuss sea-level rise threat and solutions

SINGAPORE - Globally, sea-level rise is increasing at a faster pace, threatening Asia's coastal megacities and low-lying island nations such as Singapore. Warming oceans and faster melting of ice caps are driving sea levels higher, but the severity of the problem depends on how much and how quickly we cut greenhouse gas emissions. Far from being a future problem, rising sea levels is a real threat today for many places around the globe. To discuss this urgent issue, The Straits Times is hosting a webinar on Wednesday (April 21) that will look at the latest science and projections of sea-level rise and solutions, including nature-based options, to hold back the seas. It promises to be a lively and insightful discussion featuring an expert panel comprising Professor Benjamin Horton, director of the Earth Observatory of Singapore at Nanyang Technological University; Dr Zeng Yiwen, senior research fellow at the NUS Centre for Nature-Based Climate Solutions; and Ms Hazel Khoo, director, coastal protection department, at national water agency PUB. The discussion will be moderated by Mr David Fogarty, ST's climate change editor. The topic is especially pertinent to Asia, where sea-level r...

First non-profit to support men from low-income families unveiled

SINGAPORE - Men from low-income families in Nee Soon South can receive support in finding employment and navigating mental health issues, among other challenges, through a new non-profit dedicated to them. The first organisation to focus on men from low-income backgrounds, Rise Community is the brainchild of Ms Carrie Tan, an MP for Nee Soon GRC. The non-profit was unveiled on Saturday (March 20) at the PAP Nee Soon South branch in Yishun. Its name - Rise - stands for resilience, integrity, strength, and energy. The organisation will work on improving the men's socio-emotional, physical, and financial well-being through peer support groups and by creating employment opportunities. For a start, in a two-year pilot, Rise Community aims to reach out to 500 men between the ages of 20 and 59 who live in Nee Soon South. These will include men who are the sole breadwinners of their family and live in rental flats, those who have lost their jobs, or have always been in low-wage, unstable employment and are looking to gain social mobility. The non-profit, which started work a few months ago, has about 50 members for now. Employees and members of Rise Community will work with community partn...

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Gas tariff for households to rise slightly for January to March

SINGAPORE - The gas tariff for households will increase slightly, by 0.23 per cent, for the next three months compared with the quarter before, City Gas said on Wednesday (Dec 30). From Jan 1 to March 31, the tariff before goods and service tax (GST) will rise by 0.04 cent per kilowatt hour (kWh), from 17.19 cents per kWh to 17.23 cents per kWh, said the piped town gas producer and retailer. City Gas explained that this is due to an increase in fuel costs compared with the previous quarter. It reviews gas tariffs based on guidelines set by the Energy Market Authority (EMA), the gas industry regulator which approves the new tariffs as well. More on this topic Related Story S'pore shifting to cleaner alternatives, but LNG to remain primary energy source for now Related Story Parliament: Increased household electricity and gas consumption from April to July due to Covid-19 measures