South Korea's National Pension Service and Singapore's GIC have signed up to the Asia Investor Group on Climate Change as momentum builds on sustainability issues.
A regional institutional investors' association says more needs to be done by Asian countries to help asset owners better engage with listed companies on sustainability issues.
Following the launch of a new initiative, funds like Cbus and Australian Ethical explain how they are working to reduce their portfolio emissions and engage with investee companies.
NZ Super's carbon exclusion policy has added demonstrable returns to its overall investment strategy while lowering portfolio risk, the sovereign wealth fund said in a new report.
The two asset owners are leading Asia Pacific efforts to adapt their portfolios in renewable energy-related assets to help mitigate climate policy risks.
To meet their commitments to net zero emissions, countries need to commit fully to climate risk disclosure. New Zealand is taking up the challenge