“We need to think not just about what is financially material today, but what is financially material tomorrow and the question of how we can incorporate both material risk and sustainability outcomes into our investment processes.”- Fiona Reynolds at her opening address in a United Nations supported Principles for Responsible Investment digital symposium
There is a rising focus on ESG (Environmental, Social and Governance) or sustainability factors in the world of economies and international investing today. The “S” and “G” key components have been brought into the center due to the Covid-19 pandemic. It is not all about environment and climate change anymore. The developing trend is mounting even across the Asia Pacific region which was considered a laggard in this arena before. Even China is starting to yield and follow through. Indeed, the revolution is gaining traction. The noise is getting louder and louder.
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