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HomeEnvironmental RegulationsAPAC: July 2024 ESG Highlights

APAC: July 2024 ESG Highlights

Updated as of: 05 July 2024

Malaysia’s carbon auction implicated in alleged human rights abuses, Philippines’ environmental law comes into force, and ASIC wins two more greenwashing cases – plus other key updates. 

New Developments in Malaysia’s Carbon Auction and Philippine Environmental Law

In recent developments, Malaysia’s carbon auction has come under scrutiny due to alleged human rights abuses. Meanwhile, the Philippines has enacted a new environmental law aimed at bolstering the nation’s ecological protections. Additionally, the Australian Securities and Investments Commission (ASIC) has successfully won two more cases related to greenwashing. These updates highlight significant movements in environmental and regulatory affairs across the region. The article was contributed by Civi Yap and was last updated on July 5th, 2024.

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