The Indonesia Investment Authority was established in 2021 to attract foreign capital to aid the country’s development. When the fund launched, its proposed system of governance raised concerns among financial experts.
Collaboration between policymakers and the investment community is crucial for the sustainability of sustainable investing, and this synergy will prove particularly useful for developing markets in Asia.
ESG integration, at its most basic level, is identifying the risks associated with environmental, social and corporate governance issues. So why has it become such a political topic?
Asian pension funds need to work twice as hard, especially in governance for investment oversight, to keep pushing for greater portfolio diversification and resilience in order to fulfil their fiduciary duty to an ageing population.
Much of Asia continues to lag the global standard when it comes to corporate governance, transparency and diversity. But significant progress has been noted of late.
Japanese regulator seeks to push the ESG agenda, spearheaded by GPIF, closer to the centre of investment calls. Code of conduct aims to ensure better data framework for assessing ESG.