Managers of Wealth Asia Pacific

The big shortcoming: A grumpy 2020 for global growth

The OECD expects global growth to dip in the coming year to 2.9 per cent, its lowest level since the world recession of 2009.

OCBC Bank tops 2019 sustainable finance league tables

OCBC Bank has topped two sustainable finance league tables to round up a year that has seen it double-down on its commitment to sustainability.

Standard Chartered has released its Taskforce on Climate-related Financial Disclosures report

The Group is supporting its clients transition to a low-carbon future by increasing its target for financing and facilitating of clean technology and renewables to $35 billion by 2025

HSBC takes wealthy clients to Borneo to promote climate change awareness

The bank invited HSBC Jade clients from mainland China, Hong Kong and Singapore to engage in a myriad of activities including habitat assessment

Banking on action: How ADB achieved 2020 climate finance milestone one year ahead of time

As the region’s development bank, the Asian Development Bank is committed to remaining the partner of choice for climate action by our developing member countries.

Taking the lead on climate change

The Intergovernmental Panel on Climate Change – the world's reference science group for climate change – says that human activity has caused the global temperature to reach 1℃ above pre-industrial levels.

Climate risks are not priced into market valuations, and corporate climate disclosures are insufficient: GSIA poll

Globally, 92% of respondents agreed that the TCFD recommendations are helpful and 92% agreed that they will help investors to limit the global average temperature rise to less than 2°C.

Green investments, financing gaining traction in Indonesia

With the rising popularity of the note among issuers, Ramdhan hoped it would increase awareness among domestic investors and encourage other companies

Japanese pension fund pushes asset managers to get tougher on sustainability

Expect more pressure on corporate management for climate-risk disclosure and other environmental, social and governance, or ESG, issues.

China fund's plan to revolutionise green finance

The bank has set aside $US500 million for the project, which it will invest in green bonds issued by infrastructure companies.

Climatescope 2019 by BloombergNEF

Rapidly growing nations that today are just as rapidly expanding their carbon footprints must reach net zero emissions by 2050.

Carbon Neutral Isn’t Enough

The United Nations’ Intergovernmental Panel on Climate Change says average global temperatures cannot be allowed to exceed

Green Finance for a Sustainable World" - Keynote Speech by Mr Ong Ye Kung

Minister for Education, Singapore and Board Member, Monetary Authority of Singapore, at SFF x SWITCH 2019 on 11 November 2019

Asian ESG investing scene still lags behind other regions, says HSBC

This compares with 96% of investors and 97% of issuers in Europe and 100% of investors and 98% of issuers in the US.

PE Panorama: US a laggard on ESG

Some 89% of respondents have an ESG policy in place, and the 11% who don’t, manage less than US$5 billion.

Water risks should be incorporated into investment processes

The report also identified a number of water risks which may be ignored by investors but which should be brought into processes.

Why ESG investing is a fiduciary duty of asset managers

Despite industry debate, Japanese government pension fund is strongly proactive in adopting ESG investing

China companies worst in Asia for environmental sustainability, Hong Kong firms fare best—report

The failure of China’s largest corporations to meet waste management and emissions reductions targets have given them the lowest score in a ranking of how companies report their environmental impact.

Thailand pension fund to integrate ESG criteria into equity investments in 2020

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.

OCBC is now coal-free: Singapore bank drops out of final coal project

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

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