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15 Jun
11:51

Gunung Capital sets ESG for decarbonization

Indonesian investment firm and steel mill owner Gunung Capital says it will invest $500 million in environmental, social and governance (ESG) assets to promote the decarbonization of the local steel industry in Indonesia. The company will use a portion of the funds for the decarbonisation programme of steel mill Gunung Raja Paksi (GRP), said Gunung Capital's managing partner Kelvin Fu in an interview, Kallanish notes. The next critical…
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