14 ▼ Desmond Tay | Michael Alexander | Johan Sulaeman With the continued challenges facing the voluntary carbon market, it is becoming an even more uphill task to meet global climate targets. At COP29, countries agreed to operationalize standards for a centralised carbon market based on the Article 6.4 mechanism of the Paris Agreement. This …
Jing, C., Xu, B. & Zuo, L. (2026). Do financial disclosures affect corporate sustainability practices? Journal of Accounting & Economics, forthcoming. https://dx.doi.org/10.2139/ssrn.4817939 We examine whether financial disclosures affect firm sustainability practices. Using mandatory segment reporting in the United States as the setting, we find that disclosing financial information about previously hidden segments in polluting industries reduces toxic …
Do Financial Disclosures Affect Corporate Sustainability Practices? Read More »
Sovereign blue bonds are often framed as innovation, but the challenge lies in how they are structured and brought to market. This teaching case examines Indonesia’s blue bond issuance through the lens of market entry, instrument design, and alignment with broader financing strategies. Set against rising ocean-related risks and growing investor focus on sustainable finance, …
Sustainable business opportunities are growing in Indonesia as consumer awareness and demand for environmentally responsible products continue to increase. In the article, Associate Professor Zhang Weina (Department of Finance) shared how sustainability is no longer a niche area but a core business competency, as companies increasingly seek leaders who can integrate financial, environmental and social …
Exploring the potential and opportunities of sustainable business Read More »
SGFIN–Singlife Sustainable Finance Case Competition 22 Apr 2026 We were pleased to organise the SGFIN–Singlife Sustainable Finance Case Competition from January to April 2026. This marked the third edition of SGFIN’s case competition; and this year we partnered with Singlife. The competition centered on two key themes: Sustainable Actions by Individuals and Communities and Corporate …
SGFIN–Singlife Sustainable Finance Case Competition Read More »
Demand for green skills is rising as sustainability becomes a core business priority. In a virtual media roundtable, Associate Professor Zhang Weina (Department of Finance) said companies are increasingly seeking leaders who can integrate financial, environmental and social considerations, making sustainability a critical competency rather than a niche skill. She noted that enrolment in sustainability-related …
Demand for Green Skills Is Rising — Explore the Job Prospects Read More »
Professor Johan Sulaeman highlights the potential of geological carbon credits (GCCs) as a critical enabler of aviation’s decarbonisation pathway. As a hard-to-abate sector, aviation will continue to face persistent residual emissions, even as sustainable aviation fuel (SAF) scales over time. GCCs offer a high-integrity solution to neutralise these emissions through permanent carbon storage, aligning with …
War-driven oil shocks expose aviation’s decarbonisation challenge Read More »
Natural resource governance often involves complex trade-offs between regulation, enforcement, and long-term development goals. A recent op-ed by Professor Johan Sulaeman in The Jakarta Post reflects on a case where mining permits were revoked while operations continued, highlighting the challenges that can arise between policy decisions and their implementation on the ground. The article illustrates …
The Complex Trade-Offs Involved in Natural Resource Governance Read More »
Singapore’s carbon tax debate is less about missed forecasts and more about design realities. As highlighted by Professor Johan Sulaeman, the oft-cited S$1 billion revenue was never official, raising a more important question: why are actual projections structurally lower? Transitional allowances and the use of international carbon credits are softening the effective carbon price, particularly …
The $1B Question: Why Singapore’s Carbon Tax Revenues Fall Short of Expectations Read More »
Associate Professor Zhang Weina (Department of Finance, Deputy Director of SGFIN) shared her insights in this interview by CNBC on sustainable aviation fuel (SAF). She explained that while SAF mandates set demand and SAF levies focus on costs. She noted that the mandates will push up the SAF prices in the short run due to …
Why airlines are paying more for cleaner fuel — and who foots the bill Read More »
