Asia Pacific's family offices are a nimble bunch and never more so than when it comes to ESG where they're already proving to be ahead of the regulators.
Last week, the UN released a report on climate change that shocked many people, but institutional investors who have been integrating ESG in their portfolio were not among them.
The Chinese insurance group says there are “perverse incentives” for selective non-disclosure of climate risks, which could potentially lead to greenwashing.
Singapore’s sovereign wealth fund and other institutional investors into real estate are analysing the impact of climate risk on investment flows and the pricing of real assets.
If asset managers and owners in Asia are to incorporate climate risk into their investment modelling processes, they will need more regulatory certainty on the issue, say consultants.