Despite this tremendous growth, we believe it is still early days, in particular for ESG investing via fixed income.
What’s more, Gillespy said, “These figures are only set to grow with China’s increasing reliance on soy imported from Brazil.”
Proliferation of standards including international, regional, and domestic standards issued by regulators in China and the EU results in market segmentation
Hong Kong’s Government Green Bond Programme, which is one of the world’s largest, demonstrates the government’s determination to promote sustainable development and combat climate change
Investing responsibly is gathering momentum across the globe, though Asia still lags far behind Europe, but this may change as Asia’s wealth shifts over to millennial investors
In the interest of transparency, the HKMA will also consider an appropriate framework for disclosing the Exchange Fund’s Green and ESG investment efforts without arousing market sensitivity in the process.
One of the trends according to panellist Sachin Vankalas, Director of Operations & Sustainability at LuxFLAG, is that an increasing awareness of ESG is driving demand in this investment category