Climate Change and ESG
Climate Change as the Mainstream
Agenda across the Globe
Global discourse, from the UN SDGs, the Paris Agreement, to RE100 Initiative and Net Zero by 2050 Commitments by key countries, have been highlighting the urgent needs to respond to climate crisis exacerbated by the pandemic.
ESG as the ‘New Normal’ of Investment
Stemming from the UN Principles for Responsible Investment (UNPRI) as well as key narratives such as G20 TCFD, it is inevitable to integrate ESG into management and investing practices to achieve a genuine transition towards low-carbon and climate-resilient development pathways.
Regulations on ESG & Carbon Emissions
Prioritized and Strengthened
Importance of improving information disclosures has been emphasized over the years through practices including the introduction of Stewardship code and Sustainability Accounting Standards Board(SASB)-aligned reporting, in order to strengthen corporate governance in response to sustainability risks.