Emerging Markets ESG: Emerging Markets ESG is dedicated to the analysis, benchmarking, development and promotion of reporting on environmental, social and governance (ESG) indicators in emerging markets.: Page 3

“SET launches platforms to promote ESG practices” – Bangkok Post – May 2, 2022

By Geoffrey on May 2, 2022

On May 2, 2022 the Bangkok Post reported that “the “Stock Exchange of Thailand (SET) is prioritising the promotion of environmental, social and corporate governance (ESG) practices and products this year to ensure sustainability and attract a new generation of investors.

Apisak Kiewkarnka, deputy manager and head of finance for the SET, said the bourse had developed a SET-ESG framework focused on fulfilling four specific sustainable development goals: industry innovation and infrastructure, responsible consumption and production, reduced inequality, and climate action.

Ratwalee Anantananon, assistant manager and head of sustainable business for the SET, said the bourse recognised the importance of developing an infrastructure to create a sustainable finance ecosystem. In particular, she highlighted the need for full transparency from companies and an informed investor base.

Ms Ratwalee said two platforms are in development. The first is the SET ESG Data Platform to make ESG-related data disclosure mandatory for companies. The second is the SET ESG Academy to raise awareness regarding ESG among companies and university students.”

You may read the article on the Bangkok Post internet site.

“The world’s longest subsea cable will send clean energy from Morocco to the UK” – Electrek – April 21, 2022

By Geoffrey on April 21, 2022

On April 21, 2022 Electrek reported that a “10.5 gigawatt (GW) solar and wind farm will be built in Morocco’s Guelmim-Oued Noun region, and it will supply the UK with clean energy via subsea cables. The twin 1.8 GW high voltage direct current (HVDC) subsea cables will be the world’s longest.

This initiative is going to nearly double the world’s current production of HVDC cable manufacturing.

The world’s longest undersea cables will need 90,000 metric tons of steel, and XLCC signed the UK Steel Charter at Parliament this week, in which it committed to using British steel.

UK-based renewables company Xlinks is the project’s developer. The Xlinks Morocco-UK Power Project, as it’s known, will cover an area of around 579 square miles (1,500 square kilometers) in Morocco and will be connected exclusively to the UK via 2,361 miles (3,800 km) of HVDC subsea cables. They’ll follow the shallow water route from Morocco to the UK, past Spain, Portugal, and France.”

You may read the article on the Electrek internet site.