Asia Chapter and SEAPEX Manila Chapter Evening Event
Friday, July 21, 2023 (5pm - 8pm Asia/Brunei)
Makati Sports Club, Zobel Room
Gallardo Streets, Salcedo Village, L.P. Leviste Street, Makati
John Zadkovich, Partner, Penningtons Manches Cooper
Nick Dingemans, Partner, Penningtons Manches Cooper
Join AIEN's Asia Chapter and SEAPEX in Manila for a pair of evening talks. A reception with drinks will follow the presentations.
John Zadkovich will discuss "Greenwashing and the Rise of Green-hushing"
The ESG matrix continues to expand with a myriad of legal and regulatory considerations for companies operating in the energy sector, among others. It is at times measured, at others – to quote those in the industry – ‘tedious’ and ‘onerous’. Certain of the ESG indices are laudable because of the benefits they bring, relevantly mitigating the risk of greenwashing and engendering a more sustainable environment. However, there is an increasing countereffect, ‘green-hushing’, whereby companies deliberately downplay their environmental credentials or simply keep them confidential. This presentation touches on the current regulatory environment for greenwashing, covering certain jurisdictions, looks at the pros and cons of green-hushing, and offers some practical tips for those in the energy sector.
Nick Dingemans will discuss "CCS/CCUS: The Case for a Cross Border Treaty for ASEAN"
There is a compelling need for comity in the carbon capture utilization and storage (CCUS) space in ASEAN and a multilateral treaty is the best place to achieve this. With economies throughout the Asia Pacific region looking to decarbonize their economies and CCUS likely to play a pivotal role in the transition, there will be an increase in the commercial entities in one state looking to export CO2 cross border into another state.
While the commercial need is clear, the domestic regulatory landscape in ASEAN needs addressing. Moreover, uncertainty where CO2 emissions from one country (the emissions country) is delivered to another country for storage/sequestration (the host country) requires urgent attention. Ultimately only a Government-to-Government agreement - namely a binding treaty, whether bilateral or multilateral - can provide this certainty.
To attend, RSVP no later than Friday, July 14 to Art Morado at firstname.lastname@example.org.
This event is co-hosted with: SEAPEX