Asia’s asset owners urged to embrace sustainable finance
Institutional investors have a key role to play in this initiative since natural capital is not well looked after in Asia, says a new umbrella body launched on Monday.
Asian investing institutions need help to integrate responsible investment practices into their portfolios, advocates the Asia Sustainable Finance Initiative (ASFI), which launched on Monday in Singapore.
Association spokesperson Jeanne Stampe told AsianInvestor that financial institutions,“whether sovereign wealth funds, pension funds or insurance companies, are crucial in creating resilient and sustainable economic growth through their ability to influence companies to adopt bes…
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