Latest news with #ESG-aligned
Yahoo
5 days ago
- Business
- Yahoo
Davis Commodities Explores Carbon Credit Trading Unit to Integrate ESG with Certified Commodity Trade
SINGAPORE, July 15, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK), a Singapore-based global agricultural commodities trading firm, announced plans to establish a dedicated Carbon Credit Trading Unit as part of its ESG and digital integration strategy. This initiative aims to combine certified carbon offsets with premium commodity exports, enhancing sustainability compliance, traceability, and differentiation for global institutional buyers. Advancing a Carbon-Integrated Commodity Model In response to increasing demand for ESG-aligned trade and voluntary carbon market participation, Davis Commodities is preparing to introduce carbon-offset-linked transactions across select product lines. The initial rollout is expected to feature Bonsucro-certified sugar and ISCC-certified rice, with each shipment planned to include a verified volume of carbon credits to support buyer 'net-zero' objectives. The company intends to source these credits from Gold Standard and Verra-certified reforestation and regenerative agriculture projects and is also evaluating blockchain-based carbon registries to enhance traceability and reporting. In parallel, Davis Commodities is in the early stages of developing a proprietary digital dashboard that will allow clients to monitor, audit, and eventually retire their carbon credits in real time. Capturing Opportunity in a Growing Market Based on internal research and industry projections, Davis Commodities estimates a potential $2 billion addressable opportunity in carbon-integrated agricultural trading over the next three years. Demand from multinational food manufacturers, CPG firms, and carbon-conscious commodity buyers across Asia, Europe, and the Americas is driving the evolution of premium ESG-linked trade practices. The company's initial focus will be on ESG-certified sugar exports to the EU and Japan. Future phases under consideration include the expansion into rice and palm oil trades across Southeast Asia and West Africa by 2026. Davis Commodities also plans to explore opening its carbon trading platform to third-party agricultural producers and logistics stakeholders by 2027. Executive Commentary Ms. Li Peng Leck, Executive Chairwoman and Executive Director of Davis Commodities, commented: "Carbon credits are emerging as a key value driver in commodity trading. By integrating verified offsets into our ESG-certified supply chains, we aim to provide institutional buyers with both environmental accountability and competitive advantages. This initiative is a logical step in our ongoing commitment to sustainability-driven capital allocation." Financial and Strategic Considerations Carbon-offset-enabled trades may command price premiums over traditional contracts. Based on initial modeling and comparable market data, Davis Commodities anticipates potential incremental high-margin revenue of $10–$15 million by the end of 2026, subject to execution timelines, client uptake, and market conditions. This initiative complements Davis Commodities' broader commitment to sustainable trade infrastructure and builds on recent developments in blockchain traceability, tokenized trade models, and the company's exploration of a Solana-based digital reserve strategy. Visibility & Digital Discovery This initiative enhances Davis's presence in capital markets and ESG finance channels by aligning with key themes, including 'carbon credit trading,' 'ESG-certified commodities,' 'carbon offset agriculture,' 'net-zero supply chain,' and 'voluntary carbon market.' About Davis Commodities Limited Based in Singapore, Davis Commodities Limited is an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products in various markets, including Asia, Africa and the Middle East. The Company sources, markets, and distributes commodities under two main brands: Maxwill and Taffy in Singapore. The Company also provides customers of its commodity offerings with complementary and ancillary services, such as warehouse handling and storage and logistics services. The Company utilizes an established global network of third-party commodity suppliers and logistics service providers to distribute sugar, rice, and oil and fat products to customers in over 20 countries, as of the fiscal year ended December 31, 2024. For more information, please visit the Company's website: Forward-Looking Statements This press release contains certain forward-looking statements, within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995, relating to the fundraising plans of Davis Commodities Limited. These forward-looking statements generally can be identified by terms such as 'believe,' 'project,' 'predict,' 'budget,' 'forecast,' 'continue,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'could,' 'should,' 'will,' 'would,' and similar expressions or negative versions of those expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, therefore, subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release. The Company's filings with the SEC identify and discuss other important risks and uncertainties that could cause events and results to differ materially from those indicated in these forward-looking statements. Forward-looking statements speak only as of the date on which they are made. Readers are cautioned not to place undue reliance upon forward-looking statements. Davis Commodities Limited assumes no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. CONTACT: For more information, please contact: Davis Commodities Limited Investor Relations Department Email: investors@ Celestia Investor Relations Dave Leung Email: investors@
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Business Standard
09-07-2025
- Business
- Business Standard
70% of APAC occupiers plan to expand warehousing portfolio in India: Report
APAC occupiers see India as a resilient logistics destination, driven by supply chain diversification, ESG focus, and infrastructure growth, says CBRE report Mumbai Nearly 70 per cent of Asia Pacific (APAC) occupiers plan to expand their warehousing footprint in India over the next two years, according to a report by CBRE, a real estate consultancy firm. This growing interest reflects the broader shift towards supply chain diversification, as companies aim to reduce dependency on single-market strategies, the report noted. Despite near-term uncertainties, the country remains a preferred destination for both global and domestic corporates. The sector is anticipating strong demand in South-East Asia and India across diverse segments, including third-party logistics (3PL), e-commerce, engineering and manufacturing (E&M), auto & auto ancillary, and fast-moving consumer goods (FMCG). Larger deals and modern facilities signal occupiers' shift towards future-proof, compliant, and ESG-aligned warehousing, painting a promising picture of the sector's forward momentum. Anshuman Magazine, chairman and chief executive officer-India, South-East Asia, Middle East & Africa, CBRE, said, 'India's logistics sector is undergoing a transformational growth phase, fuelled by robust macroeconomic fundamentals, accelerated infrastructure development, and a maturing occupier ecosystem that is increasingly focused on scalability, efficiency, and sustainability.' The sector is showing strong confidence in India's market potential, with more than 80 per cent of India-based occupiers (both Indian and global firms with operations in India) planning to expand their warehousing portfolios over the next two years. Meanwhile, nearly 90 per cent of India-based respondents expressed an intention to expand their logistics footprint over the next two to five years. The I&L sector is charting strong growth, driven by institutional capital, supportive regulatory reforms, and strategic penetration into tier-II and tier-III cities. This upward trajectory is reinforced by the rise of the 3PL segment, increased outsourcing, and a growing focus on sustainability and compliance. 'The insights from our survey reaffirm India's position as the most preferred logistics destination in the region. With resilient demand drivers, growing institutional participation, and future-ready infrastructure, the long-term growth trajectory for India's logistics sector remains exceptionally strong,' Magazine added.
Bangkok Post
06-07-2025
- Business
- Bangkok Post
Krungsri Champions Innovation at Japan-ASEAN Startup Business Matching Fair
A startup is more than just a fledgling company. It's a bold idea, driven by science, technology, and social purpose, to solve real-world problems. From AI-powered healthcare to fintech tools for underserved communities, these innovations have the potential to reshape economies. Yet despite their promise, many startups face a common hurdle: a lack of early-stage funding and support needed to scale into the next 'unicorn'. Strategic Alignment with Krungsri's 2025 Vision At the centre of the initiative is Krungsri's long-term commitment to regional growth, sustainability, and innovation. Backed by Mitsubishi UFJ Financial Group Inc. (MUFG), Krungsri's Japanese Corporate Banking (JPC) arm reaffirms its leadership as the trusted partner among Japanese corporations and has outlined a clear 2025 strategy focused on expanding sustainable growth and supporting new Japanese investment in Thailand under the concept of 'Co-creating New Core Industries with Thai Government and Our Customers in Thailand.' Krungsri will drive innovation and business opportunities in new core industries that hold the potential to reshape Thailand's economic future through three key pillars: Expanding government collaboration to promote new core industries like smart agriculture, semiconductors, and food tech. Such moves have been made through the organizing of the startups event. Delivering ESG-aligned financial solutions, including sustainable deposits and social loans. Deepening regional integration through Krungsri ASEAN LINK and strategic consulting services. Startup development has long been one the Krungsri's strategic missions and priorities, aiming to further support and keep them prepared to enter new industrial trends. Hence, Japan-ASEAN Startup Business Matching Fair 2025 reflects its strong commitment to its promise. That's why the Japan-ASEAN Startup Business Matching Fair 2025, co-hosted by Bank of Ayudhya PCL (Krungsri), is becoming one of the region's most impactful platforms for innovation. Now in its third year, the fair continues to provide startups with strategic access to investors, governments, and corporate partners across Asia. Japan-ASEAN Startup Business Matching Fair 2025 'We take pride in being the No.1 Trusted Partner for businesses entering new markets,' said Mr Kenichi Yamato, President and CEO of Bank of Ayudhya PCL. 'This platform allows us to support startups through partnership, funding, and strategic direction, connecting them to both the public and private sectors.' Japan-ASEAN Startup Business Matching Fair 2025 Held on 26 June 2025 at Siam Kempinski Bangkok, this year's fair was co-organised by Krungsri, AEM-METI Economic and Industrial Cooperation Committee (AMEICC), Tokyo SME Support Center, Mitsubishi UFJ Research and Consulting (MURC), MRIV International and goverment agencies in ASEAN. The event welcomed over 500 participants from Japan, Thailand, Vietnam, Indonesia, Malaysia, Taiwan, and the Philippines. The fair featured almost 400 business matchings between 54 startups and over 200 corporate investors. Sectors of focus ranged from AI, FinTech, and HealthTech to ESG solutions, gaming, animation, disaster prevention solutions, food technology, and smart agriculture, reflecting the region's evolving innovation landscape. High-Level Voices on Innovation and Growth This year's edition drew participation from senior government and corporate leaders, who offered a unified message: startups are central to Asia's sustainable development. H.E. Mr Otaka Masato, Ambassador of Japan to Thailand, noted that 'Startups are at the forefront of innovation. They hold the key to solving complex global challenges, ranging from decarbonisation to disaster prevention. Japan is proud to share our knowledge and technology with ASEAN's next-generation entrepreneurs.' He also referred to Japan's five-year national startup strategy, launched in 2022, which continues to drive Japanese startup globalisation. Mr Narit Therdsteerasukdi, Secretary-General, Thailand Board of Investment (BOI), echoed the urgency, saying that 'This fair comes at a pivotal time. The world is rapidly evolving through technological disruption. Thailand offers a competitive startup environment through the LTR visa, 10-year work permits, and tax incentives in key innovation sectors like MedTech and FinTech.' Meanwhile, Mr Kazuhisa Takeuchi, Mayor of Kitakyushu City, shared the city's transformation from an industrial zone to an ESG hub: 'Kitakyushu has turned its pollution-ridden past into a clean, innovation-driven future. We're ready to welcome ASEAN startups focused on sustainability, automation, and disaster resilience. This fair is a powerful catalyst for cross-border collaboration.' According to Mr Bunsei Okubo, Head of Japanese Corporate Banking, Bank of Ayudhya PCL, Kitakyushu's evolution makes it a model location for ESG-aligned startup development. 'This is a city that reinvented itself through innovation and determination, offering real infrastructure and opportunity for green startups,' he said. Government at the Heart of Innovation In line with this year's theme, the fair underscored the crucial role of government in cultivating innovation ecosystems. Ministries and agencies from Thailand, Japan, and beyond came together to explore how regulation, public funding, and national policy can accelerate startup success. 'Government involvement is crucial in creating a nurturing environment for innovation,' said H.E. Mr Akanat Promphan, Minister of Industry, Royal Thai Government. 'Platforms like this fair are vital for unlocking potential in both the public and private sectors.' He also underscored the government's commitment to reform and startup empowerment, saying, 'This is a truly important and inspiring event. We are living in a time of great transformation, both globally and domestically. Change is inevitable and we not only embrace it, but drive it. We are introducing new regulations and simplifying processes to make doing business easier, especially in sectors where innovation and investment matter most. Today's businesses must strike a balance—creating new talent, fostering innovation, making a profit, and supporting society through ESG. This event reflects that balance in action.' The approach is rooted in three pillars: Global partnerships to share innovation and success stories. Public engagement to build confidence through collaboration between government and citizens. Driving ecosystem development, connecting startups with funding, banks, and enterprise partners. 'Startups must be kickstarted now. Thailand has received the wake-up call and my role is to help them seize this moment of change,' he said. Expanding Regional Impact with Taiwan One of a major milestone at this year's event was the signing of a Memorandum of Understanding (MoU) between Krungsri, its innovation arm Krungsri Finnovate (KFIN), and Taiwan's Industrial Technology Investment Corporation (ITIC). The MoU aims to promote Taiwanese startups across ASEAN and Japan by leveraging Krungsri's extensive network to encourage business matching and co-investment opportunities, support platform and data infrastructure development, and share ESG and innovation best practices. This move signals Taiwan's strong intention to join the 2026 edition and further broadens the fair's regional scope. Knowledge Sharing and Opportunity Access Beyond networking and investment, the fair offered strategic insights through a packed agenda of panel discussions and educational sessions. Highlights included 'Entering Japan: Unlocking Opportunities and Incentives', which provided expert advice on market entry and government support schemes; workshops on doing business with large Thai and Japanese corporates; case studies on ESG-driven business models; and sessions on ASEAN-wide startup expansion. Mr Kenichi closed the event by affirming Krungsri's long-term commitment: 'This fair isn't just about networking. It's about building a movement. We are connecting startups not just with funding, but with purpose, sustainability, and partnership. Together, we are shaping Asia's future.' What's Next? As Krungsri celebrating its 80th Anniversary, the bank's focus remains firmly on driving digital transformation, ESG integration, and cross-border partnerships. Mr. Bunsei Okubo, Krungsri Head of Japanese Corporate Banking, amplified that 'Krungsri will remain a key driving force for Japanese corporations and support for the growth of Thai economy with a strong focus on fostering new core industries, aiming to connect Japan and ASEAN for a sustainable future. The organising of this event obviously represents its strong promise in developing businesses and startups to blossom beyond its potential.' With the momentum of this year's fair, Krungsri is well-positioned to lead the next wave of regional innovation, bringing startups, governments, and investors together for a smarter, more sustainable future.
New Straits Times
01-07-2025
- Business
- New Straits Times
Bursa Malaysia attracts foreign listings, strengthens market participation
KUALA LUMPUR: Bursa Malaysia continues to draw foreign-listed companies for secondary listings while boosting market liquidity and vibrancy through a strategy aimed at strengthening trading participation among both retail and institutional investors, locally and abroad. "We are dedicated to building a more inclusive and sustainable trading ecosystem to support the growth of Malaysia's capital market," its chief executive officer Datuk Fad'l Mohamed said. Bursa Malaysia emerged as the leading initial public offering (IPO) market in Asean for 2024, topping the region with 55 listings and raising the highest total IPO proceeds. Fad'l expects this strong performance to continue, noting that the exchange retained its lead in the number of IPOs, total funds raised, and overall market capitalisation for IPOs in the first half of the year. "Despite market volatility, Malaysia has shown encouraging IPO activity, reaffirming our position as a key fundraising avenue in Asean," he said. Fad'l also underscored the maturity of Malaysia's capital market ecosystem, where companies frequently transition between tiers, from the LEAP Market to the ACE Market or from the ACE Market to the Main Market. Since 2020, more than 40 companies have "graduated" to higher-tier markets, reflecting their growth and development. Bursa Malaysia is actively enhancing its regional collaborations to stimulate cross-border market participation, with the exchange recently signing a Memorandum of Understanding (MoU) to facilitate the cross-listing of foreign-underlying Exchange Traded Funds (ETFs) on its platform. Furthering its commitment to sustainability, Bursa Malaysia is progressing toward listing the FTSE4GOOD Bursa Malaysia ETF, its first ESG-aligned ETF, which will provide institutional and retail investors with an entry point into companies excelling in sustainability practices, aligning with global environmental, social, and governance (ESG) standards. "Our efforts in ETFs and ESG initiatives are designed to make Malaysia's capital market more vibrant and competitive while addressing the growing demand for sustainable investment options," he said. Through initiatives such as the Asean-Interconnected Sustainability Ecosystem and the Asean Common Carbon Framework, Bursa Malaysia is playing a critical role in the region's sustainability agenda. These frameworks aim to create cohesive ESG standards and facilitate carbon market development across Asean, enabling member countries to align their sustainability goals.
Hans India
28-06-2025
- Business
- Hans India
Transportation, logistics lead deal value
New Delhi: India's transportation and logistics sector gained significant traction in the first half of 2025, with total deal value surging to $609.7 million, marking a robust 85 per cent increase from H1 2024, according to a report on Friday. Deal volumes grew substantially from 16 to 25, reflecting stronger investor confidence and sustained interest in the sector's transformation, according to the Grant Thornton Bharat report. India's logistics sector is navigating a dynamic phase marked by steady demand, evolving cost structures, and a growing emphasis on sustainability. 'While rising freight and servicing costs continue to weigh on margins, inventory movement remains resilient. The sector is also making measurable strides in sustainability, with significant investments in digital infrastructure and low-emission facilities, alongside policy tailwinds aimed at reducing costs and improving turnaround time,' the findings showed. The surge in mergers and acquisitions (M&A) values for Q2 2025 was driven by landmark deals such as Delhivery's acquisition of Ecom Express. Private equity investors continued backing digital-first logistics companies such as SmartShift (Porter), Routematic, and Celcius Logistics, indicating confidence in scalable, asset-light models that bring efficiency to fragmented last-mile and intra-city delivery, the report mentioned. Meanwhile, freight rates have surged by up to 28 per cent on key trans-Pacific and intra-Asia routes, primarily due to port congestion and container shortages in China. Container pile-ups in East Asia have reduced availability in South Asia, forcing Indian exporters to pay premiums for guaranteed slots. 'The logistics industry is at the forefront of addressing climate change, with sustainability rapidly evolving from a regulatory requirement to a business imperative. Integrating ESG-aligned logistics into corporate strategies will boost sustainability credentials with investors, consumers, and regulators alike,' the report emphasised.
