Nature loss across Asia will profoundly damage economic activities that rely on natural capital, according to several recent studies. Investors need to act.
Super funds now acknowledge without question that ESG factors are critical to investment decisions.
The development of ESG funds in the MPF system is still in its infancy, and experts say there will have to be a comprehensive education programme before it gains traction
Besides carbon transition, renewable energy, energy efficiency technologies, and carbon credit markets are other key allocations for these asset owners.
MPF scheme trustees are required to review and assess whether their existing investment and risk management arrangements are in adherence to the principles.
Renewable energy remains the most attractive climate-related investment sector as SWFs move swiftly to address their environmental impact, according to the latest report.