Understanding Asia Pacific’s CPPA landscape - BusinessMirror

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Asia Pacific’s Corporate Power Purchase Agreements (CPPAs) emerge as a pivotal approach for corporates as they move forward on their Net Zero journey. Know more:

ASIA Pacific’s Corporate Power Purchase Agreements emerge as a pivotal approach for corporates as they move forward on their Net Zero journey.

“The key to reducing carbon footprint is corporate responsibility in making business operations sustainable,” said KPMG in the Philippines Advisory Partner and ESG Lead Kristine I. Aguirre. “The firm has lived up to its responsibility by providing services and doing simple yet influential activities that raise ESG consciousness in the business world and in society as a whole.”

The report highlights six key trends driving the future development of the renewable energy market in the region. 5. There is a growing interest in CPPA across the Asia Pacific to achieve their respective sustainability commitments.As an increasing number of countries respond to climate change and announce their commitments to Net Zero, supporting mechanisms and measures continue to bloom. Besides domestic and foreign regulatory requirements, the demand for an enterprise to have sustainable operations and supply chains has also become the driving force for corporations to purchase green electricity.

Source: News Formal (newsformal.com)

 

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