Latest news with #ESG-certified
The Star
10 hours ago
- Business
- The Star
New ESG association to drive sustainability practices
SEAM vice-president Alex Yeoh (left) and founding president Liang Yit Wen KUALA LUMPUR: The Sustainability & ESG Association Malaysia (SEAM) had its soft launch today with the aim to drive meaningful environmental, social, and governance (ESG) adoption through real-world implementation. According to the association's statement, its cornerstone is the IDEA-C Framework – a structured approach designed to help corporates identify ESG opportunities, diagnose gaps, engineer solutions, activate change, and communicate measurable impact. "SEAM fills a critical market gap by connecting ESG-certified professionals and solution providers with businesses seeking verified, scalable sustainability practices," it said. SEAM's membership is open to ESG-certified professionals, consultants, implementors, compliant corporates, and relevant institutional alliances. The association will also work closely with stakeholders such as regulators, certification bodies, and capital market players. "We provide a trusted, neutral platform that brings both sides together, helping businesses take action confidently, and enabling solution providers to scale their impact. "Our aim is to turn ESG from ambition into execution, and from pledges into measurable value," said SEAM founding president Liang Yit Wen.
TimesLIVE
3 days ago
- Business
- TimesLIVE
Ivory Coast issues debut Samurai bond in diversification push
Ivory Coast has raised 50-billion Japanese yen (R5.99bn) in an ESG-certified sovereign Samurai bond, it said late on Thursday, the first such issuance by a sub-Saharan African nation. Samurai bonds are debt denominated in the Japanese currency. The West African nation has been diversifying its funding sources, including issuing its first regional currency denominated international bond in March, partly to avoid volatility in the dollar-denominated global capital markets. "After successively establishing a track record on the dollar and euro capital markets, and opening up the CFA franc Eurobond market, Ivory Coast has now entered the yen bond market, the third largest capital market in the world," said the ministry of finance in a statement. The 10-year issue, which was guaranteed by the Japan Bank for International Cooperation (JBIC), came with a 2.3% coupon, the ministry said, and will be listed on the Tokyo Stock Exchange. The attainment of an ESG label by the issue, which shows the bond has met Environmental, Social and Governance standards, helped to boost investor appetite, the ministry said. "This makes Ivory Coast the only sub-Saharan African sovereign currently outstanding in the Samurai market," consultancy Oxford Economics said in a note. South Africa has previously issued Samurai bonds. Emerging market debt sales are on track for another record year, with a number of governments pivoting away from the dollar to other currencies — chiefly the euro, but also the yuan and Swiss franc in a bid to access new markets and cut costs via lower interest rates.
Yahoo
15-07-2025
- 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@
Hindustan Times
26-05-2025
- Business
- Hindustan Times
Upcoming IPO Trends: ESG, Tech, Fintech in Focus
Interest in environmental, social, and governance (ESG), technology (tech), and financial technology (fintech) is on the rise among both retail and institutional investors. Because more people are opening Demat accounts and learning about finance, the number of people taking part in Indian IPOs is surging. The blog explains the biggest transformations occurring in the upcoming IPO in India and looks at how ESG, technology and fintech are affecting the world of investing. ESG factors are increasingly influencing investor choices within India's IPO space. In 2025, future IPOs in sectors such as renewable energy, green tech, and sustainable infrastructure will command notable attention. For example, companies in the power and utilities sector, which dominated the IPO boom in Q4 2023, are transforming their operations to those underpinned by ESG principles to attract environmentally concerned investors. The Indian government's initiative for renewable energy towards 500 GW of non-fossil fuel capacity in 2030 has boosted the interest in future IPOs from solar, wind, and hydrogen energy companies. Also, ESG-certified real estate investment trusts (REITs) like PropShare Titania, which consists of grade A+ office space in Mumbai, are gaining momentum. These properties, entirely leased out to Fortune 500 firms and multinationals, reflect the increasing demand for sustainable commercial real estate. Retail investors, who are encouraged by a demat account, also prefer ESG-compliant businesses. According to a 2024 EY India survey, 60% of Indian investors take ESG considerations while considering IPOs, which reflects a wider trend of responsible investing. As forthcoming IPOs later in 2025 increasingly incorporate ESG metrics into prospectuses, those firms that do not focus on sustainability will find it difficult to gain investor attention. The tech sector remains at the heart of India's forthcoming IPO market, driven by India's evolving startup landscape and the government's Digital India strategy. Sectors like enterprise tech, e-commerce, healthtech, and edtech are seeing a rise in future IPOs, as companies hinge India's digital ecosystem to expand operations and lure investors. In 2024, 13 new-age tech companies, including Ola Electric, Swiggy, and FirstCry, were listed on Indian exchanges, a stark contrast to just 5 in 2023 and 3 in 2022. Investors' interest in unique, profit-making and rapidly expandable businesses drives the success of tech IPOs. As an example, homegrown EV maker Ola Electric managed to raise over ₹5,500 crore during its 2024 IPO thanks to the expanded EV market in India. Furthermore, in 2025, some of the IPOs are expected to come from companies involved in SaaS, cloud computing and AI. Now, several investors apply for IPOs faster by using the ASBA facility. Because technology companies are progressing and listing their shares, the 2025 IPO market will be very attractive for investors. India stands third in the world for fintech, with over 2,100 companies and more than two-thirds of these were created over the last five years. EY-FinTech Convergence Council projects Fintech to reach revenue of $200 billion and hold assets of $1 trillion by 2030. The surging use of online payment, loans, and wealth management services is driving the upcoming IPO in financial technologies. For instance, MobiKwik raised ₹700 crore through its IPO in December 2024, with the company listed on the BSE at a premium of 58.5%. Like other fintech companies, Moneyview, which manages assets worth ₹15,000 crore and brought in revenue of ₹1,012 crore in FY24, is eyeing an IPO worth $400 million or more in 2025. Thanks to AI, machine learning and blockchain, fintech firms are creating products such as digital lending and neo-banking that please not only investors but also users. The sheer rise in Demat accounts revolutionised India's IPO market and has made it retail-friendly. A Demat account is mandatory for subscribing to IPOs, as it stores electronic shares and allows hassle-free transactions. The emergence of discount brokers and fintech platforms has made it easier to open and hold Demat accounts, allowing millions of new investors to participate in future IPOs. The ASBA facility, facilitated by majority of net-banking platforms, enables investors to block money for IPO bids without real-time deductions, adding comfort. With interest in the upcoming IPO in 2025, the Demat account base is expected to surpass 200 million and increase market participation further. Though the upcoming IPO market of India is full of promise, challenges like regulatory issues, geopolitics, and risks of IPO underperformance exist. Fintech players, especially, have to work through changing regulations imposed by SEBI and the RBI. Besides, global macroeconomic conditions also affect investor sentiment, and institutional investors may be sceptical. Nevertheless, opportunities far exceed challenges. The government's emphasis on digital infrastructure, renewable energy, and financial inclusion provides a favourable climate for ESG, tech, and fintech IPOs. The increasing population of retail investors, facilitated by the demat account, guarantees robust demand for future IPOs. Additionally, growing synergy between AI and sustainability through business models raises the attraction of such offerings. India's 2025 IPO market is poised to be an exciting landscape, with the lead role being played by ESG, technology, and fintech industries. The mounting rush of Demat account openings, together with strong economic growth and investor interest, is fueling exceptional participation in IPOs. Note to readers: This article is part of HT's paid consumer connect initiative and is independently created by the brand. HT assumes no editorial responsibility for the content, including its accuracy, completeness, or any errors or omissions. Readers are advised to verify all information independently. Want to get your story featured as above? click here!
Economic Times
08-05-2025
- Business
- Economic Times
Property Share files for Rs 472 crore IPO for second SM REIT scheme
Property Share Investment Trust has filed for a Rs 472 crore IPO for its second SM REIT scheme, PropShare Titania, featuring a fully leased ESG-certified office space in Mumbai with a projected 9% yield and strong tenant profile. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Property Share Investment Trust, India's first registered Small and Medium Real Estate Investment Trust (SM REIT), has filed for an initial public offering (IPO) of up to Rs 472 crore for its second scheme, PropShare Titania, marking a fresh push in the nascent SM REIT IPO, comprising only a fresh issue of units, will be conducted via the book building process in accordance with the Securities and Exchange Board of India (Sebi) regulations for REITs. Up to 75% of the net issue will be allocated to institutional investors, with the remaining 25% reserved for non-institutional Titania consists of a 4,37,973 square foot Grade A+ commercial office space in G Corp Tech Park , Mumbai. The asset, located on Ghodbunder Road in Thane—a part of the Mumbai Metropolitan Region—is fully occupied by a diversified set of tenants including Fortune 500 firms such as Aditya Birla Capital and building has been tenanted for over nine years, with a weighted average lease expiry of 3.3 years and a 5% annual rental escalation built into the asset is ESG-certified, boasting LEED Platinum, WELL Health and Safety, and BEE 5 Star ratings. The scheme projects a distribution yield of 9.0% for FY26 and FY27, and 9.1% for Share Investment Manager, the investment manager to the Trust, will invest a minimum of 5% of the scheme's units from its own capital. It has also announced a waiver of all annual management expenses, including investment and property management fees, for FY26. A nominal 0.5% fee will be charged from FY27 net proceeds from the offering are intended primarily for the acquisition of the G Corp Tech Park asset. The units of PropShare Titania are proposed to be listed on BSE Mahindra Capital is the sole book running lead manager for the issue. KFin Technologies is the registrar, with legal counsel provided by Cyril Amarchand Mangaldas and Trilegal. Axis Trustee Services acts as the Kunal Moktan and Hashim Khan stated the new scheme aims to strengthen Property Share's mission of offering transparent and institutional-grade real estate investments to individuals, particularly as SM REITs emerge as a compelling alternative in a volatile equity market environment.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
