Expect more pressure on corporate management for climate-risk disclosure and other environmental, social and governance, or ESG, issues.
Minister for Education, Singapore and Board Member, Monetary Authority of Singapore, at SFF x SWITCH 2019 on 11 November 2019
Some 89% of respondents have an ESG policy in place, and the 11% who don’t, manage less than US$5 billion.
By the first quarter of 2020, GPF targets to use an ESG lens for all of our investments in the Thai market across equity classes including real estate, private equity and infrastructure,” he says in a statement on November 1.
The bank’s move away from the 1,200-megawatt Vung Ang 2 coal plant in Vietnam has been praised by environmentalists, who say that unlike rivals that have claimed to stop funding the single biggest contributor to greenhouse gas emissions