Asia’s slowly tightening ESG embrace

The destruction rent by super-typhoon Mangkhut on the Philippines, Hong Kong and mainland China in mid-September underlined a sad reality: once-in-a-lifetime weather events are becoming increasingly common. The severity of natural disasters is on the rise, courtesy of decades of carbon dioxide pollution heating the atmosphere. Most meteorologists agree that a hotter world increases how much water typhoons absorb and then dump onto villages, towns and cities. Mangkhut’s advance kil…